No actually it is not https://twitter.com/Toffleresque/status/853964480857952256 …
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Leads to other interesting questions. Do the former, or their kids, have a good chance of becoming rich? Will the latter shrink?
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Questions explored (albeit not a principal theme) in the Diamond Age (plug for one of my all time favorites)
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That is a brilliant idea. There are builders and traders (like Trump). we are now shifting to the traders, which terrifies me ...
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When I run into rich Americans who are not from SV, I'm struck by how different they seem. More grasping. Mostly in finance or real estate.
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Rentiers are often rich but rarely particularly creative is the simple answer.
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For creative and not-rich, see everyone who rents in Oakland.
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