Earlier quoted context omitted.
The same arguments have been made about the internet and other technological advances, and yet, inequality has _grown_ sharply in the past 50 years. So no, "trickle down technologies", just like "trickle down economics", does not work. https://rwer.wordpress.com/2018/05/18/income-inequality-1970...
The situation is nuanced. For example, in medicine, technological advancements have undeniably benefited people across all economic strata. Vaccines, antibiotics, and improved diagnostic tools have increased life expectancy and quality of life globally, including in developing nations. These benefits aren't limited to the wealthy; they've had a profound impact on public health as a whole. > The same arguments have be…
But when it comes specifically to reducing economic inequality, they have not done that -- in fact, they have possibly exacerbated it.
Global poverty is a separate issue from economic inequality, and the gains there have been primarily from extremely low levels, primarily in China and India. In China this was driven by political change and also globalization that allowed China to become the world leader in manufacturing.
I would also put medical advances in a separate category than the internet and similar tech advances.