Technology will increase return on capital and decrease the value of labor. As this article puts it, there's a "discrepancy between Wall St and Main St."

The solution IMHO is to have a culture that doesn't look at "how's the economy doing", "how are recent grads doing", or "how's my ethnic/demographic group doing", but rather looks around their own environment and finds creative ways to solve problems and serve people for money. I do not know how to get from to here to there. I hope it happens organically out of kids playing with social media and seeing other kids succeed in solving problems.

The problem of capital earning more money and workers stagnating or earning less will tempt people to adopt bad policies.

The only part I disagree with is the article's lines about inflation. The author seems to think if the dollar were worth 50% more, labor would cost the same nominal amount. It wouldn't. Suppose a reel of resistors costs $30 and an hour of someone running the pick-and-place machine that uses that reel also costs $30. If there had been no inflation over the past 20 years, the reel and and hour of labor would each cost $20. The worker would not, as the author suggests, earn $30 and be loading a machine with a $20 reel of resistors.