It&#x27;s precisely because of the latter issue of productivity that the overall tone&#x2F;thrust of PG&#x27;s essay is wrong. If productivity increases are inevitable and will put most humans out of work, or devalue their labor, then returns to capital will increase even more, making the entire system unstable, and practically begging for redistribution.<p>We can&#x27;t have a society for very long where a few unicorn software and robot companies run everything with AI and bots, and most people displaced. It&#x27;s not good for everyone, not even the hyper rich owners of those unicorns.<p>There&#x27;s a certain amount of wealth and income where the marginal utility of more comes with a global detriment to everyone, even you.