Connect with us
  • Loading stock data...

Business

Palantir CEO Alex Karp says prestigious college grads are doomed. People with expert knowledge will ‘make a lot more money’

Published

on

Palantir CEO Alex Karp says prestigious college grads are doomed. People with expert knowledge will ‘make a lot more money’

Gen Z is witnessing shrinking job openings and AI agents snatch up roles in the workplace—crushing their American Dream of attending college and landing a six-figure job. Palantir CEO Alex Karp, an outspoken critic of the higher education system, just revealed the one type of degree-holder who is doomed in the age of AI. 

“If you are the kind of person that would’ve gone to Yale, classically high IQ, and you have generalized knowledge but it’s not specific, you’re effed,” Karp recently said in an interview with Axios. “There’s some schools you maybe should go to, otherwise, go to the cheapest school and come to Palantir—or just come here.”

The CEO conceded he picked on Yale because he has family members there—and actually it’s one of the few colleges he says students should attend, aside from Stanford University. But his general sentiment is simply attending an elite U.S. college isn’t a one-way ticket to success. It echoes his many assertions higher education is no longer a reliable training ground for the next cohort of movers and shakers; earlier this year, Palantir even launched its Meritocracy Fellowship to sway high school students away from attending college and work at the $439 billion defense tech company instead. 

In this shaky labor market, Karp says he believes Ivy League degree-holders won’t always be the ones achieving greatness. Instead, it’ll be those who have specific domain knowledge—those who ask questions like, “How do I impute the problem in this complicated device that’s going wrong, that otherwise would be fixed by a Japanese engineer, while being a high school grad?”

“Those people are going to make a lot more money, specifically because you can turn it any way you want,” Karp explained. “Within a relatively rapid amount of time, you will get paid downstream of the value you create.”

The Meritocracy Fellowship and Karp’s disdain for elite colleges

The leader of Palantir—a tech company that’s faced controversy over providing software for ICE and running data analytics for the U.S. Army—has long slammed higher education for not preparing students for the real world. 

“Everything you learned at your school and college about how the world works is intellectually incorrect,” Karp told CNBC in an interview earlier this year.

Even when assessing what talent to hire for his own company, he doesn’t care if applicants attended a prestigious university. He says he believes working at Palantir is the top-notch qualification to put on resumes in the tech world, and is even recruiting teenagers to join his operation. 

“If you did not go to school, or you went to a school that’s not that great, or you went to Harvard or Princeton or Yale, once you come to Palantir, you’re a Palantirian—no one cares about the other stuff,” Karp said during the business’ Q2 2025 earnings call. “This is by far the best credential in tech. If you come to Palantir, your career is set.”

In expressing his devotion to sway budding talent away from “indoctrinating” colleges, Palantir commenced its Meritocracy Fellowship this April. The four-month, paid internship is aimed at recent high school graduates who are not already enrolled in college. The program required Ivy League-level test scores to qualify, and attracted more than 500 applicants, with only 22 Gen Zers making the cut.

Advertisement

“Opaque admissions standards at many American universities have displaced meritocracy and excellence,” the fellowship posting said. “As a result, qualified students are being denied an education based on subjective and shallow criteria. Absent meritocracy, campuses have become breeding grounds for extremism and chaos.”

During their stint, the pupils learned about U.S. history and foundations of the West, working alongside Palantir’s full-time employees in solving technical problems and improving products. The fellows will wrap the program this month after choosing to forgo their undergraduate degrees—and those who “excelled” will be given the chance to interview for a full-time job at the business.

Source link

Title

This industrial giant is emerging as a big AI play, says Wells Fargo This industrial giant is emerging as a big AI play, says Wells Fargo
News5 months ago

This industrial giant is emerging as a big AI play, says Wells Fargo

  Wells Fargo sees Caterpillar continuing to roar higher, emerging as an artificial intelligence play. The bank initiated shares of...

Novo Nordisk's strategy tested as investors push back on board revamp Novo Nordisk's strategy tested as investors push back on board revamp
News5 months ago

Novo Nordisk’s strategy tested as investors push back on board revamp

    Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic...

Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan
News5 months ago

Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan

  Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm. Kuo Zhang, president...

Abraham Lincoln set off an education revolution in 1862 with the Land Grant Act. We need the same thing today for AI Abraham Lincoln set off an education revolution in 1862 with the Land Grant Act. We need the same thing today for AI
News5 months ago

UK borrowing costs spike on report government to scrap plans to raise income tax

    Rachel Reeves, U.K. chancellor of the exchequer, delivers a speech in London, UK, on Tuesday, Nov. 4, 2025. Bloomberg...

An Indonesian Unicorn's Vision For Digital Payments An Indonesian Unicorn's Vision For Digital Payments
News5 months ago

Trump’s threatened the BBC with a $1B lawsuit: Here’s what’s going on

    US President Donald Trump speaks to reporters as he arrives at Palm Beach International Airport on Oct. 31,...

We're downgrading a portfolio stock. Plus, what's causing the market's rally We're downgrading a portfolio stock. Plus, what's causing the market's rally
News5 months ago

UBS’s picks for global returns next year

  Investors looking for global diversification opportunities should look to a specific subset of stocks in Europe, according to UBS...

Nvidia will soar nearly 75%, says Loop Capital Nvidia will soar nearly 75%, says Loop Capital
News5 months ago

AI companies admit they’re worried about a bubble

    Eakarat Buanoi | Istock | Getty Images LISBON, Portugal — Top tech executives told CNBC they’re concerned about...

CEO Southeast Asia's top bank DBS says AI adoption already paying off CEO Southeast Asia's top bank DBS says AI adoption already paying off
News5 months ago

CEO Southeast Asia’s top bank DBS says AI adoption already paying off

Tan Su Shan, deputy chief executive officer and managing director of institutional banking at DBS Group Holdings Ltd., speaks during...

China's economic slowdown deepens in October as housing slump worsens and investments shrink more than expected China's economic slowdown deepens in October as housing slump worsens and investments shrink more than expected
News5 months ago

China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that...

U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
News5 months ago

U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador

The United States said Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala and...

Advertisement