Dave McCormick: “I think we're likely to see that concentration [of wealth]…”

“But if you look at the data closely, it's not the 1%, it's, it's the 0.1%. And then if you look a little more closely, you say, what's likely to happen over the next 10 or 15 years? I think we're likely to see that concentration [of wealth] grow dramatically. because the owners of the ip, those that have the talent, those that have the capital, those have the equity, are going to be the enormous beneficiaries of this revolution.” (30:12–30:22)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.