Eric

Palantir CEO Alex Karp ($85 billion market cap) on CNBC: "Something terrible has happened with AI sales"a-death knell for the OpenAI model and token sales. Palantir founder and CEO Alex Karp-the man whose algorithms power the Pentagon’s and intelligence agencies’ combat AI systems-appeared live on CNBC’s *Squawk Box* and delivered a scathing takedown of Silicon Valley’s leading AI labs (OpenAI, Anthropic). Karp told the hosts to their faces that traditional chatbots are a sham-a scam that causes companies to lose billions while handing over their intellectual property. Alex Karp’s key revelations on CNBC: "Token sales are a bubble": Karp posed a direct question: if closed-source language models truly generate billions for businesses, why do labs charge pennies for "tokens" instead of demanding 30% of the resulting profits? The reason is that standard tokens create no real business value. Theft of corporate "Alpha" and IP: Major US corporations are furious; they are paying to feed their own trade secrets and algorithms to closed-source labs, which then use that data to train their next generation of models. "Outsourcing the battlefield to Silicon Valley is madness": Military forces in Ukraine and Israel would never entrust the management of operations to closed-source chatbots. Armies and corporations require full control over model weights, computing power, and private data layers (Ontology). A secret alliance with Nvidia: Palantir is teaming up with Jensen Huang (Nvidia) to provide the business and defense sectors with an architecture that safeguards their sovereignty and prevents Silicon Valley algorithms from stealing their business. What do you think: Is Alex Karp right that the era of mindless token buying is over and an AI startup crash is looming, or is he simply protecting Palantir’s monopoly? 👇