Source: International Business Times
SUN VALLEY, IDAHO - JULY 10: CEO of Palantir Technologies Alex Karp attends the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 10, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. Kevin Dietsch/Getty Images Palantir CEO Alex Karp has predicted that artificial intelligence could increase his personal fortune to almost £221 billion ($300 billion) while delivering far more modest financial gains for middle-class workers, arguing that the technology risks deepening wealth inequality rather than eliminating it.
