YouTube2Text

Palantir CEO Says Only 2 Types of Jobs Are SAFE From AI — Transcript

by Finance Bureau · 2,511 words · 384 segments · language en · Watch on YouTube

Full transcript

  1. 0:00Low-end code, routine contracts,
  2. 0:02standard [music] copy. This is the sort
  3. 0:05of work that once trained new graduates
  4. 0:07entering the workforce, [music]
  5. 0:09but now it all runs on a quick prompt.
  6. 0:12In offices around the world, the desks
  7. 0:14[music] are still there, but the work
  8. 0:16that justified them is starting to
  9. 0:18leave. And everyone who spent their
  10. 0:20early 20s and a lot of money preparing
  11. 0:23for those jobs is now wondering
  12. 0:28what work is a actually Alex [music]
  13. 0:31Karp has an answer. Only two groups of
  14. 0:34people will really thrive [music] in the
  15. 0:36coming age of AI, and neither of them is
  16. 0:39the typical graduate that the system
  17. 0:41[music] has been producing. So, to
  18. 0:43understand his argument, we'll look at
  19. 0:45the work that's going first, the case
  20. 0:47for the two groups he backs, [music] and
  21. 0:49the company that's already reorganized
  22. 0:52its hiring around this whole concept. My
  23. 0:55name is Guy, and this [music]
  24. 0:56is the Finance Bureau.
  25. 1:00Now, Alex Karp is known for being, shall
  26. 1:03we say, pretty forthright with his
  27. 1:05opinions. And back in March, on the tech
  28. 1:08show TBPN, he laid out his views on
  29. 1:11where he reckons AI is going without
  30. 1:14mincing his words. Quote, "There are
  31. 1:16basically two ways to know you have a
  32. 1:18future. One, you have some vocational
  33. 1:21training, or two, you're neuro
  34. 1:23divergent." Not really a comforting
  35. 1:25outlook on the idea of humans and
  36. 1:27machines working side by side. Now, as
  37. 1:29Karp sees it, only two groups stand to
  38. 1:32have any kind of certainty in the future
  39. 1:34ahead. So then, who exactly are these
  40. 1:37two groups? Well, the first is
  41. 1:39essentially the people who work with
  42. 1:41their hands. So, think electricians,
  43. 1:44plumbers, carpenters, welders, etc. The
  44. 1:46people you call when something breaks or
  45. 1:48needs fitting, and ironically, the
  46. 1:51trades that plenty of schools spent a
  47. 1:53long time steering bright students away
  48. 1:56from. The second group is people whose
  49. 1:58brains are wired differently. Karp uses
  50. 2:02the term neurodivergent, and in case
  51. 2:04you're unsure about the meaning there,
  52. 2:06that's an umbrella term for conditions
  53. 2:08like dyslexia, ADHD, and autism, where
  54. 2:11the brain processes information
  55. 2:13differently from a typical pattern. In
  56. 2:15other words, the people the standard
  57. 2:18classroom was least designed for. Now,
  58. 2:21there's an amusing bit of detail about
  59. 2:23who's delivering this message. Karp
  60. 2:25studied at Haverford College in
  61. 2:27Pennsylvania, took a law degree at
  62. 2:29Stanford, and then earned a doctorate in
  63. 2:31social theory from Goethe University in
  64. 2:33Frankfurt. So, something of an academic.
  65. 2:37But, bear in mind his case isn't against
  66. 2:40thinking. He's making a case against a
  67. 2:42particular kind of education and the
  68. 2:45particular kind of job it was made to
  69. 2:48prepare people for, which means before
  70. 2:50we go any further, we need to look at
  71. 2:53what's being left behind. So, what
  72. 2:56exactly is AI taking first? Well, not
  73. 3:00the top of the profession, but the
  74. 3:02bottom rungs instead. Consider for a
  75. 3:04moment how a career in software used to
  76. 3:07begin. A graduate entered a tech firm
  77. 3:09and got handed the jobs nobody senior
  78. 3:11wanted, like first-pass code and simple
  79. 3:15debugging. The small fixes that piled up
  80. 3:17in the ticket queue. It was tedious, but
  81. 3:20it was also how you learned, because
  82. 3:22every bug you chased taught you a little
  83. 3:25more about how the whole system fitted
  84. 3:27together. That work is now the first
  85. 3:30thing an AI coding assistant does. The
  86. 3:33legal profession is in a similar
  87. 3:35position. A first-year associate spent
  88. 3:37their early years on routine contracts,
  89. 3:40reading clause after clause until they
  90. 3:43could spot the one that would cause
  91. 3:44trouble. Now, firms are trimming their
  92. 3:47junior intake because an AI model can do
  93. 3:50the first read. And copywriting went
  94. 3:52down the same road as well. The product
  95. 3:54descriptions and standard emails that
  96. 3:56taught a young writer how to how to hit
  97. 3:57a brief have moved into automated
  98. 4:00workflows. So, it's fairly easy to see
  99. 4:03how things go from here. The senior
  100. 4:05engineers, partners, and editors are
  101. 4:07safe for now, at any rate, but the
  102. 4:09junior work that trained them is
  103. 4:11disappearing. And that leaves confusion
  104. 4:14and uncertainty lingering in every
  105. 4:16office because if the junior work is
  106. 4:19gone, how does anybody become senior?
  107. 4:22The judgment you need to check what an
  108. 4:24AI produces was always developed by
  109. 4:27doing the dull work yourself over and
  110. 4:30over for years. Take that away and the
  111. 4:33apprenticeship goes with it. Now, Karp's
  112. 4:35argument goes one step further than the
  113. 4:37jobs themselves. He goes after the
  114. 4:40education system that typically precedes
  115. 4:42them because in his view, a lot of what
  116. 4:45universities sell is compliance. Learn
  117. 4:48the framework, apply the framework, and
  118. 4:51then produce the answer that's expected.
  119. 4:53But when you look at it that way, it
  120. 4:55pretty much sounds like work that a
  121. 4:57machine tends to do very well. Now, Karp
  122. 5:00has been especially harsh on the
  123. 5:02humanities and standard philosophy
  124. 5:04tracks, warning that AI will gut them
  125. 5:07along with the corporate jobs they were
  126. 5:09made to supply. He said that elite
  127. 5:12generalized degrees, especially in the
  128. 5:14humanities, will be hard to sell without
  129. 5:16a specific skill alongside them because
  130. 5:19a degree that teaches you to follow a
  131. 5:21specific system is training you for a
  132. 5:24job that machines are about to take. So,
  133. 5:27while graduates may not be short of
  134. 5:29talent, the trouble is they were trained
  135. 5:31to follow processes that software now
  136. 5:34handles better. Not exactly the best
  137. 5:36return on years of tuition. And with AI
  138. 5:40now reshaping who gets hired, where, and
  139. 5:43on what terms, it's clear that the world
  140. 5:45is going to change a lot in the coming
  141. 5:48years, which is exactly why we started
  142. 5:50the Finance Bureau newsletter. It's
  143. 5:52completely free, and every week we break
  144. 5:54down the biggest developments in the AI
  145. 5:56buildout, the industries it's
  146. 5:58transforming, and everything else
  147. 6:00happening across the markets. So, just
  148. 6:02click the link in the description or
  149. 6:04scan this QR code on your screen to get
  150. 6:06started. Right, let's get back to Carp's
  151. 6:09first group, the people with practical
  152. 6:11skills that AI is nowhere near
  153. 6:14replacing. Consider what it is about a
  154. 6:16trade that software can't touch. Imagine
  155. 6:19an old house with a flooded basement.
  156. 6:22Nobody knows where the water is coming
  157. 6:24from and there are no plans showing
  158. 6:26where the pipes run. A plumber arrives
  159. 6:28and starts inspecting the old cast iron
  160. 6:31pipes, tapping them with a wrench and
  161. 6:33listening for signs of damage.
  162. 6:35Eventually, they find a cracked section
  163. 6:37that's been leaking for God knows how
  164. 6:39long and the damaged pipe has to be
  165. 6:41removed without disturbing the rest
  166. 6:43while a replacement fitted at exactly
  167. 6:46the right angle is needed to keep the
  168. 6:48water flowing. Get it wrong and the
  169. 6:51basement could flood all over again and
  170. 6:54throughout the process, everything has
  171. 6:56to meet local building codes for good
  172. 6:58measure. Now, consider how many
  173. 7:00decisions just got made in that
  174. 7:03basement. Which pipe to trust, what a
  175. 7:05different tone meant when a particular
  176. 7:07piece of pipe got tapped, how much of an
  177. 7:09old system can be disturbed before
  178. 7:11something else gives way. All of that
  179. 7:13knowledge came from someone standing in
  180. 7:15the water and reading the room with
  181. 7:18their collected senses and experience.
  182. 7:20And there's a name for why that's so
  183. 7:23hard to automate. It's called Moravec's
  184. 7:26paradox after the roboticist Hans
  185. 7:29Moravec. Basically, the things we think
  186. 7:31of as difficult like logic, calculation,
  187. 7:34and writing code turn out to be cheap
  188. 7:37and relatively easy for computers. The
  189. 7:39things we barely think about though like
  190. 7:41balance, touch, and working with an
  191. 7:43awkward tool in a cramped space, they
  192. 7:46turn out to be hugely expensive and
  193. 7:48difficult for computers. So, that's the
  194. 7:50heart of Carp's first group. The
  195. 7:52textbook knowledge, how a drain should
  196. 7:54fall or how a circuit should be wired,
  197. 7:57can be written down and a model can
  198. 7:59recite it. What doesn't transfer to
  199. 8:01software though is the judgment on site,
  200. 8:04the part when someone is physically
  201. 8:06there. And that's why the trades, long
  202. 8:09considered as the fallback option, are
  203. 8:11right at the top of Karp's list. But
  204. 8:13Karp's second group is perhaps less
  205. 8:16obvious, and it's the one he takes
  206. 8:18personally. Karp is dyslexic, and for
  207. 8:21someone with serious dyslexia, the
  208. 8:23standard route through school comes with
  209. 8:26a lot of friction. The textbooks and the
  210. 8:28worksheets, the step-by-step methods
  211. 8:30everyone else follows, don't really work
  212. 8:33the way they're supposed to for someone
  213. 8:35whose brain is wired differently. So,
  214. 8:37they're forced to find another way to
  215. 8:39the answer. And Karp credits that with
  216. 8:42how he thinks. In his words, quote, "If
  217. 8:45you are massively dyslexic, you cannot
  218. 8:48play a playbook, and therefore we learn
  219. 8:50to think freely." Now, in Karp's
  220. 8:53argument, a playbook is the agreed way
  221. 8:55of doing things. Think the template for
  222. 8:57a contract or the standard structure for
  223. 9:00a report. These are the approved methods
  224. 9:03for a problem that's been solved a
  225. 9:05million times before. Throughout its
  226. 9:07history, corporate work has been about
  227. 9:09running playbooks well, and education
  228. 9:12has been about teaching people to run
  229. 9:14them. But, a playbook is written down,
  230. 9:17and anything written down a large
  231. 9:19language model can learn. So then, if an
  232. 9:22AI runs the standard approach faster
  233. 9:25than any graduate, who has anything left
  234. 9:28to offer? Well, according to Karp, it's
  235. 9:30the people who never fitted the standard
  236. 9:33approach to begin with. The dyslexic
  237. 9:35thinker who learned to see a problem
  238. 9:36whole because reading it line by line
  239. 9:39wasn't really an option. The person with
  240. 9:41ADHD who's familiar with ambiguity,
  241. 9:44jumping between ideas a more orderly
  242. 9:46mind would never connect. Or the
  243. 9:48autistic engineer who spots the pattern
  244. 9:51or the anomaly that everyone else's
  245. 9:53process is likely to smooth over. For a
  246. 9:56long time, those traits were considered
  247. 9:58problems to be managed. They didn't fit
  248. 10:01the interview format, and they clashed
  249. 10:03with performance reviews that rewarded
  250. 10:05doing the expected thing reliably. But
  251. 10:08now, the expected thing is what AI has
  252. 10:12started to take over. So, thinking that
  253. 10:14was once a handicap in a world of
  254. 10:16standardized systems becomes the one
  255. 10:19thing that AI can't supply. And that's
  256. 10:22what ties Karp's two groups together,
  257. 10:24even if a welder and an autistic
  258. 10:26software engineer don't, on the face of
  259. 10:29it, appear to have much in common.
  260. 10:31Neither of them does work that can be
  261. 10:33boiled down to a set of instructions.
  262. 10:36One reads the physical world while the
  263. 10:38other reads problems sideways. And Karp
  264. 10:41hasn't just talked about this. He's put
  265. 10:43Palantir's hiring approach behind the
  266. 10:46idea. So, what does a company look like
  267. 10:49when it actually acts on this thinking?
  268. 10:51Well, for starters, it stops relying on
  269. 10:53the usual pipeline. You see,
  270. 10:55historically, elite firms have recruited
  271. 10:57the same way. Top university, top
  272. 11:00grades, a polished internship, a
  273. 11:02polished interview. Palantir has set up
  274. 11:05two doors that go around that route in
  275. 11:07entirely. And the first of them opened
  276. 11:10in April last year. It's called the
  277. 11:12Meritocracy Fellowship, and it's aimed
  278. 11:14at people who've just left high school.
  279. 11:17Not university graduates, mind you, but
  280. 11:19recent school leavers who aren't
  281. 11:21enrolled on a degree course and don't
  282. 11:24hold one. To get in, you need at least
  283. 11:261,460
  284. 11:28on the SAT or 33 on the ACT, plus some
  285. 11:33experience with programming. The
  286. 11:35fellowship runs for 4 to 5 months in New
  287. 11:37York and pays $5,400
  288. 11:40a month. That's not a bad deal,
  289. 11:42especially for people who, in the normal
  290. 11:44scheme of things, would be paying a
  291. 11:46university for the privilege of being
  292. 11:48there. Hundreds applied for a first
  293. 11:50cohort of only a couple of dozen places.
  294. 11:53And what happens once you're in is
  295. 11:56rather interesting because for the first
  296. 11:585 weeks, fellows don't get to touch a
  297. 12:01line of code. Instead, they study
  298. 12:03Western civilization, American history,
  299. 12:06philosophy, and religion from Frederick
  300. 12:08Douglass to a visit to Gettysburg.
  301. 12:10Somewhat surprising a curriculum for a
  302. 12:13company whose boss is so scathing about
  303. 12:15the humanities. But bear in mind what
  304. 12:18Karp's complaint is actually about. He
  305. 12:20has nothing against reading hard books
  306. 12:22and discussing them. But what he objects
  307. 12:24to is the compliance culture that's
  308. 12:27developed around them. After the
  309. 12:29seminars, the fellows go straight onto
  310. 12:31real Palantir engineering teams working
  311. 12:34with live clients. And the strongest of
  312. 12:37them can then go on to interview for
  313. 12:39full-time roles. Then Palantir has a
  314. 12:42second avenue. In December last year,
  315. 12:44shortly after a clip of Karp fidgeting
  316. 12:47on stage at the New York Times DealBook
  317. 12:49Summit went viral, Palantir announced
  318. 12:51its neurodivergent fellowship. And the
  319. 12:54company is clear that it isn't a
  320. 12:56diversity initiative. Palantir's
  321. 12:58position is that neurodivergent people
  322. 13:01will be the elite builders of the next
  323. 13:04technological era. And it's hiring for
  324. 13:06every kind of role on that basis. Now,
  325. 13:09no diagnosis is required to apply, but
  326. 13:12self-taught candidates are encouraged
  327. 13:14alongside formally educated ones at any
  328. 13:18stage of their career. The roles are
  329. 13:20full-time, based in New York or
  330. 13:21Washington, and pay between $110,000 and
  331. 13:25$200,000 a year.
  332. 13:27And the final round of interviews is
  333. 13:29conducted by Karp himself. So, the chief
  334. 13:33executive is personally sitting across
  335. 13:35from candidates the old system would
  336. 13:37have filtered out before they ever
  337. 13:39reached a recruiter. Now, reports vary,
  338. 13:41but the fellowship drew somewhere
  339. 13:43between 1,000 and 2,000 applications
  340. 13:46within days of launch. So, let's
  341. 13:48consider what Palantir has actually done
  342. 13:51here. It's hired school leavers with no
  343. 13:53degree and put them on live client work
  344. 13:56while also opening full-time roles to
  345. 13:58self-taught people with no credentials
  346. 14:01to show. And it's told neurodivergent
  347. 14:03applicants that the way they think is
  348. 14:06the reason it wants them, not something
  349. 14:08to be accommodated. Plus, on top of it
  350. 14:11all, its chief executive has made
  351. 14:13himself the final gatekeeper. Now,
  352. 14:16whatever you may think of Palantir, and
  353. 14:18safe to say many people aren't exactly
  354. 14:20fans of the company, it's nonetheless
  355. 14:22likely giving us an early glimpse of
  356. 14:25where the job market is heading. For
  357. 14:27most of modern history, the safe
  358. 14:29approach was to learn the standard way
  359. 14:31of doing things and do it better than
  360. 14:33the next person. But, as AI takes over
  361. 14:35more and more of that work, employers
  362. 14:38will place greater value on skills that
  363. 14:40machines can't easily replicate. Whether
  364. 14:43that's a plumber who can diagnose a
  365. 14:45problem no software could solve, or
  366. 14:48someone who thinks differently enough to
  367. 14:50find the solutions that nobody else
  368. 14:52considered. And who knows? Perhaps the
  369. 14:55high earners of the future will be those
  370. 14:57people we call at 9:00 in the evening
  371. 15:00when the bathroom's flooded and it
  372. 15:02really can't wait until morning. That
  373. 15:04kind of makes a lot of sense when you
  374. 15:06think about it. But well, do you think
  375. 15:08Karp is onto something here, or is he
  376. 15:10way off the mark? Let us know your
  377. 15:12thoughts in the comments down below. And
  378. 15:14if you want to see how the AI boom is
  379. 15:17running into some problems that could
  380. 15:19slow AI's takeover of the job market,
  381. 15:21then you can check out our video on that
  382. 15:23right over here. As always, thank you so
  383. 15:25much for watching and I'll see you in
  384. 15:28the next one. This is Guy signing off.

About this transcript

This page contains the full transcript of Palantir CEO Says Only 2 Types of Jobs Are SAFE From AI by Finance Bureau, generated from the public captions YouTube serves with the video. The transcript has 2,511 words across 384 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

What you can do with it

Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to choose a caption track available on the video.

Free YouTube transcript tool

YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, caption language selection, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.