[rubiety]

I think what you're trying to say is that technological progress brings highly increasing returns to intelligence such that one person has the capability to produce an extremely high amount of value relative to their peers (increase in income inequality, perhaps).

And I agree, this is most likely the case. But inequality as a side-effect is something that can be dealt with via relatively inefficient policies that do not distort too heavily the division of labor as it exists.

In other words, we should let this grand increase in efficiency happen, but correct perhaps for inequality resulting therefrom in a relatively efficient way as we need too.

Far too many people use the inequality argument to prove too much (that we should attempt to slow specialization of flat-ouf efficiency at its source), and this argument is deeply flawed IMO. In other words, don't shoot the messenger. Intelligent people are creating enormous amounts of value, but their income/price is just a messenger of this information.