In the same way that mass production moved the locus of industry from small shops to huge factories, today's mutations have the potential to shift us away from business models based on economies of scale, asset intensification, concentration and central control.
The rise in inequality is due partly to the concentration of immigrants at both ends of the economic scale, but the LSE study suggests that the arrival of lots of poor people has also depressed wages.
The result will be more concentration of breakthrough products from fewer players and more pressure on startups to scale up quickly with a distinct advantage or get swallowed up.