(no subject)

[timelets]

A - opportunity;
B - outcome;
Z - cumulative capital;
E - [new technology with] minimally viable cumulative capital;

u : Z ≥ E.

Technology works as as an equalizer that eliminates the Matthew effect (f, g) on opportunity as a function z of cumulative capital.

If we consider human capital to be a kind of cumulative capital, then a new technology eliminates return on human capital. What you have left is return on the learning curve associated with the new technology.