Palantir CEO Alex Karp warned that artificial intelligence could become the biggest driver of wealth inequality in America, describing a “complete decoupling” between ordinary economic gains and a small group of people amassing extraordinary wealth. He said AI could make some individuals 10 to 100 times wealthier than they already are. Karp’s remarks add to a wider debate among technology and finance leaders, including BlackRock CEO Larry Fink, over how AI-driven wealth concentration should be addressed.
