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The Importance of Inequality in the Tech Industry
Google and Facebook make such tremendous profits and employ almost nobody. And we're also in this period where the most profitable companies basically employ nobody. Is inequality then necessarily built in to this sort of economy? And is really the only answer just major income redistribution, maybe universal basic income? Or is there something else that we could do to sort of write this kind of economy? Yeah. I struggle a lot with this question because I don't want to give the impression that there's nothing we should do in the kind of near term.