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T2_t2 | 7 years ago
At any other ti in history, with any other technology (Tesla vs Edison) that would be true. But in tech, the billions made the companies. Page, Brin, Bezos, Gates all got the "bulk of the fruits".
There is this weird idea that work creates value in a vacuum. That's not true. Work in a context - of a company that has funding/profitability/stores of cash creates value. Work done in a vacuum does not.
We need to balance those elements carefully, because not enough workers slows growth, but so does not enough capital/misallocation of capital (see housing).
The ideal world is one in which we all move in the same direction together not out of compulsion but out of an understanding that we all benefit from moving in said same direction.
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