And more economically useless work is done than ever before by an enormous margin (advertising, CGI, video games, cosmetics, PR, social media addiction, etc.). Just briefly think about how many people produce nothing of real value (i.e. value that would actually reduce housing, food, and medical costs) and how many are simply trying to redistribute the demand of the general population so they can get theirs. Basically, there are fewer economic "sources" than ever and more "sinks" than ever.