Jaron Lanier Quotes
A file-sharing service and a hedge fund are essentially the same things. In both cases, there's this idea that whoever has the biggest computer can analyze everyone else to their advantage and concentrate wealth and power. It's shrinking the overall economy. I think it's the mistake of our age.
Lanier, Jaron. Who Owns the Future?. Simon & Schuster, 2013.
The percentage changes over time, but in a capitalistic system, capital (wealth) can be invested and generates wealth.
The crisis of inequality of income and wealth has occurred seven times in American history.
Jaron Zepel Lanier is an American computer philosophy writer, computer scientist, visual artist, and composer of contemporary classical music. Considered a founder of the field of virtual reality, Lanier and Thomas G. Zimmerman left Atari in 1985 to found VPL Research, Inc., the first company to sell VR goggles and wired gloves. In the late 1990s, Lanier worked on applications for Internet2, and in the 2000s, he was a visiting scholar at Silicon Graphics and various universities. In 2006 he began to work at Microsoft, and from 2009 has worked at Microsoft Research as an Interdisciplinary Scientist.