Tech visionary Alex Karp, CEO of Palantir, predicts a surge in demand for top-tier tech talent, deeming them to become significantly more valuable in the near future.

In a revealing talk at Palantir's customer conference AIP Con 8, CEO Alex Karp shared insights about the rising value of skilled workers in the tech industry and the possibility of leaner teams in the future.

Karp, who was the chairman of Palantir mentioned on the tech talk show "TBPN", emphasised that qualified tech employees are becoming increasingly valuable. He noted this during his live-streamed speech on the conference.

The CEO's comments come amidst the intense competition for AI talent, where top performers are demanding higher salaries. Karp expects skilled workers to become more expensive due to their indispensable role in tech companies.

In a surprising move, Palantir nearly doubled its U.S. business compared to last year. Despite this strong revenue growth in the last quarter, Karp hinted that Palantir might follow the trend towards leaner teams, which is increasing in Silicon Valley. This could mean a potential decrease in the number of employees at Palantir compared to the current number.

Interestingly, Karp referred to "artistically inclined people" as incredibly valuable and deserving of high pay. However, it was not specified what Palantir means by "betting on expensive 'artists'."

In another significant development, Palantir achieved over $1 billion (€853 million) in revenue for the first time during the second quarter. Despite this impressive milestone, the company's sales team is getting smaller.

The news of potential downsizing in tech companies is not limited to Palantir. Some big tech company employees, including Microsoft, have been laid off this summer.

Karp, who works all the time according to his own admission, made these statements during Palantir's customer conference AIP Con 8. His comments underscore the changing dynamics in the tech industry, where the value of skilled workers is rising, even in a potential downsizing of big tech companies.