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Browsing Tag

wealth inequality

7 posts
AArtificial intelligence
With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises
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With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises

  • July 18, 2026
The artificial intelligence boom has propelled Palantir‘s market value to roughly $322 billion—and pushed CEO Alex Karp‘s net…
PPersonal finance
Mark Cuban says your 401(k) is why billionaires get 'insanely rich' — and argues their wealth is building yours too
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Mark Cuban says your 401(k) is why billionaires get ‘insanely rich’ — and argues their wealth is building yours too

  • June 17, 2026
When billionaire entrepreneur Mark Cuban recently weighed in on the debate over wealth inequality, he offered a perspective…
AArtificial intelligence
Justin Trudeau warns AI boom could create hundreds of trillionaires—and it will mean there’s something ‘fundamentally wrong with the world’
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Justin Trudeau warns AI boom could create hundreds of trillionaires—and it will mean there’s something ‘fundamentally wrong with the world’

  • April 29, 2026
For all the hype around artificial intelligence—from curing cancer to accelerating space travel—tech leaders have been quick to…
EEconomy
Labor spending not to blame for soaring inflation: Chalmers
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Labor spending not to blame for soaring inflation: Chalmers

  • March 18, 2026
Jim Chalmers has defended Labor’s management of the economy after Sunrise host Nat Barr accused the government of…
EEconomy
Wealth taxes to tackle inequality, more support for families and seniors: MPs on Day 2 of Budget debate
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Wealth taxes to tackle inequality, more support for families and seniors: MPs on Day 2 of Budget debate

  • February 25, 2026
SINGAPORE – As the House sat on Feb 25 for a second day of debate on the Budget…
EEconomy
Oxford Economics: AI is unlikely to help resolve K-shaped economy anytime soon
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Oxford Economics: AI is unlikely to help resolve K-shaped economy anytime soon

  • January 29, 2026
Good news! The massive investment into AI has made American households on average significantly wealthier, and will continue…
SSpace
Elon Musk's wealth has soared past $600 billion—he's now worth double the next richest person alive, Google's cofounder Larry Page
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Elon Musk’s wealth has soared past $600 billion—he’s now worth double the next richest person alive, Google’s cofounder Larry Page

  • December 17, 2025
Elon Musk just woke up $168 billion richer. Even as the wealthiest man in the world, he is…
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