I'll try to find the article.
It looks more like technology is <<redistributing>> wealth, which is SUPER scary since technology inherently allows concentration.
Facebook killed 1 million newspapers, yay, now 1 American corporation can siphon all those profits to... no one even knows where, since it's probably parked in some tax haven. It created 10k jobs paid 500k each by killing 10 million jobs each paid 60k. I'm not super convinced the end result is better.
Edit:
https://cs.stanford.edu/people/eroberts/cs201/projects/produ...
> The productivity paradox (also the Solow computer paradox) is the peculiar observation made in business process analysis that, as more investment is made in information technology, worker productivity may go down instead of up. This observation has been firmly supported with empirical evidence from the 1970s to the early 1990s.