Yes, it would be much better for inequality if everyone's salaries were low and the trillions of value created in tech to go to a couple VCs, their LPs and their trust fund kids.
Some of that goes to workers with vested options too plus 401k and pension investors as well. Also, we are not talking about low salaries with the FAANG companies; the rest of the industry gets paid much less and noone is crying a river for them.