https://en.wikipedia.org/wiki/Gini_coefficient

Unfortunately, it’s been the outcome of every system we’ve yet tried - wealth always accumulates. It has, so far, only been redistributed through violence - either direct action by the proletariat, or their mass slaughter in war, allowing redistribution amidst the survivors.

I’d love to imagine that this time we can find a different path, but ten millennia of precedent is a hard trend to buck.

Which doesn't make him wrong about the AI boom being a huge risk in making the wealth divide (already beyond gilded age levels) much worse.

Of course, because he is who he is the only solution he talks about is getting people to "invest in stocks", which, yeah that makes a ton of sense if you already have wealth since the current ruling class have shown that they will not, under any circumstances, let number go down even if none of the economics make sense (sure, they'll orchestrate a little dip here and there so they can profit massively off the insider information, but hey crime is legal bro).

But it does nothing for the many people who are really going to get squeezed here who are already living paycheck to paycheck and watching the water rise up to about their necks at this point.