Palantir CEO says token usage does not prove value in the AI era

max_paperclips · x · 2026-08-04

Palantir CEO Alex Karp, in a shareholder letter, argues that the industry’s focus on clicks, chats, and token usage is misleading.

He says usage alone does not prove value, and that many large-model builders may be trying to capture the “means of production” of their partners. The letter frames Palantir as rejecting a parasitic platform relationship and instead selling outcomes, not raw model engagement.

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