The excess value (relative to global average) from technology goes to to:<p>1. consumers,<p>2. investors,<p>3. growing market share in the expense of traditional industries.<p>The ratio of where the value goes changes over time. Older industries like airline, car, and telecom industries are examples of high-technology industries where the profits margins are lower and market share grows only moderately and consumers get most of the benefits.<p>Netflix is movie company, FB and Google are advertisement companies, Tesla is a car company. Amazon is retailer mostly. At some point the consumer income is the limiting factor for tech gigants. With the growth constantly far above the average they would quickly exceed all the disposable income in the world.