Urgent.News

What's breaking now, across thousands of outlets.

World

Palantir CEO, With a Straight Face, Warns That Wealth Tax Will Cause Mass Surveillance

You mean the mass surveillance that we already have? The post Palantir CEO, With a Straight Face, Warns That Wealth Tax Will Cause Mass Surveillance appeared first on Futurism .

Palantir CEO, With a Straight Face, Warns That Wealth Tax Will Cause Mass Surveillance

Palantir, a software company known for its surveillance capabilities, has CEO Alex Karp warning about the potential negative effects of a wealth tax. Karp argues that implementing a tax on the assets of the wealthiest individuals would require extensive surveillance, as AI could potentially track every aspect of their possessions.

He even goes so far as to imply that a wealth tax would lead to increased surveillance of the general public, which contradicts Palantir's previous stance that it is not a data company. Karp insists that he supports taxing the wealthy, but only if it does not result in the expansion of the surveillance state.

Written by urgent.news from Futurism's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at futurism.com →

More in World

More from Friday 13 November →