What has happened to industrial economic gains over the last 30 years?

Over the last 30 years, industrial economic gains have become increasingly concentrated, with significant benefits accruing to a small number of corporations and individuals while many workers have seen stagnant wages and job displacement due to automation and globalization. Technological advancements have driven productivity increases, but the resulting wealth has not been evenly distributed. Additionally, shifts toward service-oriented economies in many developed countries have led to a decline in traditional manufacturing jobs. Overall, while industrial productivity has risen, the socioeconomic implications have sparked debates about inequality and the future of work.