New Delhi, Nov. 12 -- Defense technology company Palantir's co-founder and CEO Alex Karp has suggested that college degrees will be useless in the artificial intelligence (AI) age, according to multiple reports. Karp felt that smart kids graduating from well-known universities with "generalized knowledge" are "effed."

Speaking to Axios on education, AI and building his company, 58-year-old Karp was rather critical of the future payoffs for the highly educated. "A high-IQ graduate of Yale, for instance, who has generalized knowledge, but it's not specific. You're effed," Karp said.

"The Yale grad will have to learn something specific - domain expertise. How do I actually write a script that allows me to target terrorists?. How do I put c...