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And I count 13 for the SF Bay Area.

This concentration of wealth generation is astounding.

Profit concentration is not the same as wealth creation in the broader sense.

Google demolished the newspapers classified ads. While probably more effective than otherwise ... it didn't all come out of nowhere.

I'd say Craigslist did more to demolish newspaper classified ads than Google.

I have long questioned what actually is "wealth"...

I think in this sense "wealth" is just "number of units of currency in your bank account". Perhaps you mean you question what "value" actually is? I would definitely agree with that.

You should read Paul Graham's best essay[1] then. It is not the only possible definition of wealth, but I think it is a very well worded definition, that really helps give a sense of what wealth really is.

[1] http://www.paulgraham.com/wealth.html

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