Getting Capitalism Wrong - AI Will Reduce Economic Inequality, Not Increase It

We've another of those pieces shouting that artificial intelligence is going to overturn the world and thus we need more taxes, more government and even, in this argument from Kai-Fu Lee, more colonialism. It's not going to work out like this of course, it's just not going to work out like this at all. For Lee's supposition is that AI is going to increase economic inequality. In fact, there's no way that they can work that way--it just isn't true that the owners of a new technology get all the money. Secondly, even if they did, real wages for the rest of us would be more than doubling every year. That's just not a problem, is it?