Software is eating the world & it scales infinitely. If you are under 35, you'll see in your lifetime a post-economics, post-scarcity world.
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honest history q (I slept through): in past 200y has automation increased or decreased wealth disparity?
that's a question for @MaxCRoser. It has dramatically decreased. https://ourworldindata.org/global-economic-inequality …
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thanks for the link!
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how about within a generation time point? Think about the miners in UK or East-France.
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Piketty argues the biggest reason wealth inequality fell during the 20th century was (drumroll) 1/
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most of the capital got blown up during World War II. without mass destruction, 2/
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am I reading this graph wrong? Disparity looks higher in 2000 than in 1820.
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Take a look at wealth distribution https://en.m.wikipedia.org/wiki/File:Share_of_wealth_globally.png …
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