alt Hacker NewsI 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.
Replies
Matl • last Monday at 6:29 PM
In the case of Gates at least, it definitely came in part from having access to the right people.
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littlexsparkee • last Wednesday at 5:13 PM
If the labor -> wealth pipeline is weakening, then the present won't behave like the past, i.e. you would need assets to success since you won't be able to work your way up.
The fact that you had to separate them into an age should tell you something.
Something happened in the 80s, and it wasn't "the dawn of a new technology". It happened specifically in the US, and was done by their government.