Don't disagree that new wealth is being created, what matters when talking about quality of life and inequality, is who are the beneficiaries of this new wealth

Don't disagree that new wealth is being created, what matters when talking about quality of life and inequality, is who are the beneficiaries of this new wealth? Is it the already wealthy? If so, that's part of the positive feedback loop to drive inequality further. More assets, Yay. Held by fewer and fewer people over time. Boo.