That's an interesting point. America is a good example of an economy where the majority of businesses are designed to channel the majority of their revenues to the ultra wealthy. I could see an exodus of ultra wealthy people where it opens up greater economic opportunity for regular people and small businesses.
> America is a good example of an economy where the majority of businesses are designed to channel the majority of their revenues to the ultra wealthy.
A boy is born into the Colonel Sanderson's plantation. Young eyes see thousands in stooped labor on vast fields disappearing to the horizon.
attention is finite. land is finite. resources are finite. access to qualified doctors is finite. access to food is finite (something we'll realize at the next great famine). access to water is finite. your time living on earth is finite (and shorter the less money you have).
we operate at a scale where that matters nowadays.
From where the higher IQ groups would get their even higher IQ inspiration from and push up / raise their networks of influence? (improve social mobility).
How their daily lives will cross vs common experiences with substantial opportunities creators be permanently aborted?
How that wouldn't produce irreversible consequences in a population?
You could say, oh wait, just loosing one Elon has zero impact in a population and yet whole humanity might not become multiplanetary without that one guy in the country that had created the conditions for that raising a ton of talented guys up.