CEO of company founded by Donald Trump’s guy in Silicon Valley: These workers will be crazy valuable

Palantir CEO

Alex Karp has good news for skilled

tech workers

. The chief of the defence tech and software company believes that skilled workers will become increasingly valuable and highly paid, even as some tech companies downsize. During a recent tech talk show live from Palantir's customer conference, AIP Con 8, Karp said: "Workers become more valuable. The person at the top is actually crazy valuable. People with technical expertise are crazy valuable." He added that“artist-shaped people are going to be incredibly valuable, and they're going to demand to be very highly paid.”He believes skilled workers will become increasingly costly as they grow more vital to tech companies.

What Palantir CEO said about hiring in his company

Despite beating analyst expectations in the second quarter, which crossed $1 billion in revenue for the first time and nearly doubled US commercial revenue from a year earlier, Karp hinted that Palantir may adopt

Silicon Valley

’s rising trend of smaller teams.“Our revenue is going up; our sales force is going down. The number of people we plan to have in the future is less than now,” he said.

While top talent may soon get higher pay packages, they may also have to adapt to tech’s renewed hardcore culture. “We don't do holidays. I'm working all the time,” Karp said about Palantir’s work culture.Karp's comments come amid a wave of job cuts in the tech sector, suggesting a potential shift where the most talented workers will hold more leverage. He also drew a comparison to Palantir’s company culture, which employees sometimes refer to as "an artist colony." Following the recent

AI boom

, rising salaries come as little surprise. Still, while a select group of AI researchers secured hundred-million-dollar deals from tech giants like

Meta

, most tech workers were left on the sidelines, with thousands even cut from companies such as Microsoft.