The economy is becoming a lottery. Chance events play a growing role in determining the winners, and the winners are becoming bigger than ever. Instead of a "Middle Class" of near-average earners, we are moving to a world characterized by a "Long-Tail Class" where most people earn much less than the average.

How do we respond to this shift? The first step is to understand that it is happening. The next step is to maximize the benefit to society.