[mistermann]

In some ways it's good, but in other ways it's worse. One noteworthy change in the last few years compared to say 10 to 20 years ago, most startups are either self-funded or funded through incubators of the already rich, unlike pre-2005 or so when regular investors had a chance getting in relatively close to the ground floor (let's ignore that most everyone lost their shirt!)

I think the negative of this is that most of the wealth created in the technology is going to remain in the pockets of those who are already rich and well connected.

I'm increasingly feeling like as our society becomes more technically advanced, it's almost inevitable that the vast majority of wealth is going to flow up to the top 10%.