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Some in the Valley have become downright glib about the leveling bias of technology. “Thanks to Airbnb,” the venture capitalist Marc Andreessen says, “now anyone with a house or apartment can offer a room for rent. Hence, income inequality reduced.” Investors like Andreessen, according to this view, are just like the Occupy movement, but with bigger houses and clearer results.
Winners Take All: The Elite Charade of Changing the World
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