Piketty’s Revenge: Why the “AI God” Just Validated the World’s Most Hated Economist

In 2013, Thomas Piketty released a 700-page brick called Capital in the Twenty-First Century. The “smart guys” in the room laughed. They said his math was broken. They said he didn’t understand that hammers need hands—that as capital (hammers) grows, labor (hands) becomes more valuable.

For a hundred years, the critics were right. Labor and capital were …