It is not the problem for smartness. But a system that encourages innovators receive potential huge payoffs. As long as the system is out there, then just like

It is not the problem for smartness. But a system that encourages innovators receive potential huge payoffs. As long as the system is out there, then just like old chinese saying "With money, you can hire ghosts to push mill wheel" Of course there will be wealth inequality in such a system. So it is up to people to choose "everyone lives better but allow some huge wealthy guys" or "let every one poorer but more equal". As long as the existing wealth creators understand if they intervene the system in order to keep their power to control, then the payoff for new innovators disappears immediately and the system is screwed.So they will come to understand instead of abusing their power, they should just help fostering new innovators and keep the system working.