&quot;I agree with him that technology can make us all richer, but I disagree that it necessarily creates greater inequality, even if some startup founders become very rich. It only does that if companies don’t create real value in return for that wealth.&quot;<p>Tim provides no justification or evidence for this argument.  This makes no sense to me.  While there is certainly a difference between making money from rent-seeking vs rendering real value, the statement that lots of wealth can only come from not creating real value seems absurd to me.  If providing some value results in some wealth, why wouldn&#x27;t providing lots of value result in lots of wealth?  It is true that some of the highest money makers are from rent seeking activities (banking and finance sectors especially) but to say that lots of wealth can ONLY come from not providing value is absurd.<p>Technology, education, and access to capital all create inequality because they all create leverage.  Those who use leverage will always get further ahead than those who don&#x27;t use leverage.  Getting rid of leverage is not the answer though because leverage is the basis for creating more physical wealth in the world and for doing it with less resources.<p>We should ask ourselves, how can this leverage be democratized?