Damodaran: AI giants' real liability is IP theft from customers, not cybersecurity

pdamodaran · x · 2026-09-18

Responding to Jim Cramer's take on Palantir CEO Karp's comments, Aswath Damodaran argues Cramer misses the point: AI companies are unlikely to be negligent on cybersecurity, with in-house security arms likely better than anyone but Palantir. The real liability Karp warned about comes from IP theft — shifting customers' proprietary value into the AI companies' own models.

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