All progress in tools increases economic inequality. Tools multiply output, and the bottom end of the range is always zero.
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@paulg@timoreilly I am with Tim. It's like you are saying poor of today are same 0 they were 500 years ago? No way. They are better "0".
@alexiskold Who said anything about the poor? Someone who does nothing creates no wealth. Surely that is invariant.
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@paulg I probably misunderstood. I thought you meant that tools widen economic gap, and that I don't agree with.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@alexiskold you can do nothing no matter how good yr tools. And it may or may not affect your economic condition relative to others.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@alexiskold wealth inequality can be explained by nothing more than random processes: http://www.sorinsolomon.net/shum/ccs/papers/new-evidence-power.pdf …. Alpha ~ 1/minimum wageThanks. Twitter will use this to make your timeline better. UndoUndo
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