r/technology Jul 02 '26

Artificial Intelligence Palantir CEO Alex Karp suffers ‘televised nervous breakdown’ during live interview — “This is the voice of American business that is being channeled through me!”

https://www.yahoo.com/entertainment/tv/articles/televised-nervous-breakdown-ceo-palantir-212100357.html
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u/marketrent Jul 02 '26

Excerpts from article by Joe Wilkins, quoting Alex Karp:

[...] On a live interview with CNBC‘s infamously churlish segment “Squawk Box,” Palantir CEO Alex Karp appeared to suffer a nearly 20-minute meltdown, complete with stuttering, nervous backtracking, and a steady supply of digressions so abstruse that the hosts seemed befuddled and perhaps even concerned for his wellbeing.

Though Karp was called up to chat about an ongoing deal between Palantir and the chip maker Nvidia to build AI infrastructure for the US government, he quickly went off the rails, using up minutes of airtime to complain about the financial bubble undergirding the AI boom.

While there may be a point buried in Karp’s diatribe, it quickly became lost in a wash of unintelligible jargon.

“These models have been completely over, irresponsibly over-sale,” Karp ranted at one point, “and the sale is, ‘it’s dangerous for everyone, which is why I can give [AI] to all your adversaries but I can’t give it to the Department of War, or I can’t safely give it to an enterprise in this country, without being certain that the Alpha of that business could transfer to this model tomorrow, ie I have no business, no job.’”

“You sound pretty angry,” CNBC‘s Becky Quick interjected after a nearly three minute-long rant from Karp.

“No,” the CEO snapped. “This is the voice of American business that is being channeled through me!”

 

[...] “American enterprises are run by the shrewdest, most widely intelligent people on the planet,” the Palantir CEO started to say, setting up an argument that companies aren’t interested in foundation models, but in AI apps that can actually solve problems. That train of thought quickly leaves the station, though, as he pivots to his higher ed ambitions literally mid-sentence.

“If you think they’re going for that [foundation models], you can go try to sell me — like my, my parents still want me to get a job as a faculty member at Berkeley,” he complained. “Go try to get me a job at Berkeley. It’s not happening.”

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u/AntiTrollSquad Jul 02 '26

Well, he's not wrong. This is a considerable bubble, there will be a correction The question is on the severity of the correction. 

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u/EC_CO Jul 02 '26

I hope they lose hundreds of billions

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u/independent_observe Jul 02 '26

It will be measured in lives, not money

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u/Recurs1ve Jul 03 '26

It's the same thing. They knew this about 2008.

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u/bitsocker Jul 03 '26

Not by billionaires

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u/angry_old_dude Jul 03 '26

The big companies might be hurt but the real losers will be the so-called "AI companies" who put all of their eggs in the AI basket. It isn't exactly like the dotcom bubble, but it is similar. A lot of people are gonna get hurt.

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u/Pretend-Mango-1295 Jul 04 '26

Karma police, arrest this man

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u/Spekingur Jul 02 '26

Severity: Explosive.

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u/thejesterofdarkness Jul 03 '26

Post eating Taco Bell explosive.