Hacker News Reader

Reminds me of one of my favorite Simpsons lines: "Aw, you can come up with statistics to prove anything, Kent. Forty percent of all people know that"

“They say sixty-five percent of all statistics Are made up right there on the spot”

https://www.youtube.com/watch?v=IUK6zjtUj00

I’m partial to Homer’s “Facts are meaningless. You can use facts to prove anything that's even remotely true!”

Also, the chart doesn't take into account that the biggest companies have more power, are bigger right now, and it's not inherent to them using AI. If not AI, it would be something else. Shares and revenue are growing, and people are getting fired. They will not collapse.

The conclusion I drew was "The level of value inequality in the S&P 500 is higher than before".

From that, any number of conclusions are possible, including perhaps:

* The level of innovation at those companies is high. Certainly the 90s tech booms were actually very innovative and profitable.