US Debt Surpasses 100% of GDP, AI's Impact on Wealth Inequality and More: This Week in Economy - Palantir

As the week wraps up, let's take a look at the top stories that made headlines.

From the U.S. debt surpassing 100% of GDP to the warning issued by a top European venture capitalist, here's a quick round-up of the week's key events.

Palantir CEO Alex Karp Warns AI Could Become America's Biggest Driver Of Wealth Inequality Palantir (NYSE:PLTR) CEO Alex Karp has raised concerns about the potential of artificial intelligence (AI) to exacerbate wealth inequality in the U.S.

Karp highlighted this issue during a recent podcast, warning that AI could lead to a significant increase in the wealth gap.

"You now have a revolution where, you know, I could become 20 times wealthier than I am now," he added.