Jawwwn(@jawwwn_):Palantir CEO Alex Karp: the biggest danger of the AI movement is that it's going to lead to a wealth tax. "I think it will raise the boats of most people, but you can't have a revolution where I become 50x wealthier and everyone else becomes 10% wealthier. It's going to drive political insanity." "Political insanity—what does that look like? Obviously wealthy people should pay more than their share of the taxes. But a wealth tax kills entrepreneurship." "You have to find ways to actually tax at the high end that, that aren't a wealth tax. There are ways to do this. I think the way you do it is you tie reduction of waste, fraud, and abuse to increase taxes among the very wealthy." Via @CNBC

2026.09.17 16:13

Palantir CEO Alex Karp: the biggest danger of the AI movement is that it's going to lead to a wealth tax. "I think it will raise the boats of most people, but you can't have a revolution where I become 50x wealthier and everyone else becomes 10% wealthier. It's going to drive political insanity." "Political insanity—what does that look like? Obviously wealthy people should pay more than their share of the taxes. But a wealth tax kills entrepreneurship." "You have to find ways to actually tax at the high end that, that aren't a wealth tax. There are ways to do this. I think the way you do it is you tie reduction of waste, fraud, and abuse to increase taxes among the very wealthy." Via @CNBC