[benlivengood]

Transformers grew out of the value-add side (autotranslation), though, not really the ad business side iirc. Value-add work still gets done in high-progressive-tax societies if it's valuable to a large fraction of people. Research into luxury goods is slowed by progressive tax rates, but the actual border between consumer and luxury goods actually rises a bit with redistributed wealth; more people can afford smartphones earlier and almost no one buys superyachts and so reinvestment into general technology research may actually be higher.