Past, Present, and Future. If you control the means of production you win. Knowledge, skill, and experience are largely irrelevant to the conversation. I’ve held this opinion for quite some time and would be interested to hear alternative perspectives.

> In the future, those who succeed will be the owners of capital.

No. In the future, those who succeed will be the children of the owners of capital.

See The Economist, February 2025: https://archive.is/PCoWl

Means of production, yadda yadda… I feel a great sense of deja vu.

How do you know those aren’t the same thing?

Same as it ever was…

Same as it ever was…

Well, yes .. but they're going to need people to do their evil bidding /s

I don't think history bears this out. If you look at the most successful entrepreneurs of the computer age, none of them started out as owners of capital. Bill Gates, Jeff Bezos, Steve Jobs: yes, they had some level of privilege and opportunity, but they didn't start out as billionaires. Their success came from their ideas.

How does that work? Funding is useful, but we aren't seeing fully-automated startups, and often, founders don't need all that much funding.