How To Reconcile the Power Law with Normal Distribution
Two curves are the heart of the tension between capitalism and communism in democracy - how will authentic humanity and artificial intelligence shape the future?
Comrades: Democracy is a reconciliation of the power law with the normal distribution.
The power law is accelerating. Wealth is more concentrated than ever. Thanks to AI, smaller groups of top performers can now generate more income in shorter periods of time. The 80/20 Pareto principle has shifted even further to a world where the top 1% dominate most m…