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> But if we fix all the bad causes of economic inequality, we will still have increasing levels of it, due to the increasing power of technology. So, PG's logi
by crabasa 11y ago
> But if we fix all the bad causes of economic inequality, we will still have increasing levels of it, due to the increasing power of technology.
So, PG's logical conclusion is that economic inequality is an inevitable byproduct of technology and capitalism. I'm happy to grant him that. But it seems to me that history (pick your favorite revolution) teaches us that no matter what the inevitable consequences of a given system are, the majority of the people will not stand by and see their economic futures reduced to scraping by.
Which is why I'd love to see more people in the startup community (including PG) discuss what steps could be taken to both incentivize creators while simultaneously making average people better off. Because that's the amazing thing about creating value and growing the pie. Win-win scenarios.