‘Something has gone completely wrong’: Palantir CEO rants on live television about his problems with the AI business model: ‘Why are they charging for tokens if it’s so valuable?’

Palantir CEO Alex Karp was recently interviewed by CNBC, where he gave an impassioned decry that the current AI market is not working, urged other panellists to call up CEOs and test his hypothesis, and made clear that his nervous energy was not in any way related to any substance usage. Yeah, it’s a strange one, alright.

Palantir is a software company all in on AI, and one of the core surveillance providers for ICE, among others. It has seen criticism for its involvement in wider government surveillance and facial recognition systems, and AI is one of the key ways it has managed to grow in this field. CEO Alex Karp spoke to CNBC after it was announced that Palantir and Nvidia would be working together on open models for use in US agencies.

In the interview, Karp argues that the current model of companies largely getting value from consumers by selling tokens is the wrong method. “Something has gone completely wrong. And the basic view among enterprises in this country is ‘I’m going to chillax and waste my time with tokens. I’m going to get no value, and they’re going to get my IP.”

Effectively, he argues that the best use of AI is in closed environments, not on a per-token basis where you don’t know where your data is going.

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