alt Hacker NewsInnovation has pretty much always heightened the wealth disparity between the wealthy and the poor. A classical example would be the Industrial Revolution and America's guilded age, and another could be the circular investments between modern AI corpos (the whole nVIDIA, Microsoft, and OpenAI funding loop), which is probably a bad thing in the long run (systemic violence and class revolt). We have to walk this tightrope between the need for constant innovation and justice.
Replies
> Innovation has pretty much always heightened the wealth disparity between the wealthy and the poor.
In absolute terms however most poors in, say, the EU today live better than any king ever lived up until, say, the early 20th century (quality of clothes / bed, medicine, communication, knowledge, etc.).
I'd rather be working 8/5 at a gas station today (and then enjoy gaming or watching TV at home) then be an emperor with an infested tooth in the 17th century or a king with syphilis in the late 19th century.
Why do we need constant innovation?