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posted by janrinok on Saturday March 03 2018, @11:56PM   Printer-friendly
from the just-my-luck dept.

MIT Tech Review reports on a new study which used computer model to analyze wealth distribution in society. It concludes that the majority of riches do not result from talent, intelligence or hard work - but luck. Those who succeed most in modern society are born well and experience several 'lucky events' which they exploit, but are of mediocre talent. The study's abstract states that the model has potential for encouraging investment in the genuinely gifted, and summarizes:

"...if it is true that some degree of talent is necessary to be successful in life, almost never the most talented people reach the highest peaks of success, being overtaken by mediocre but sensibly luckier individuals. As to our knowledge, this counterintuitive result - although implicitly suggested between the lines in a vast literature - is quantified here for the first time."


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  • (Score: 0) by Anonymous Coward on Sunday March 04 2018, @01:41AM (1 child)

    by Anonymous Coward on Sunday March 04 2018, @01:41AM (#647406)

    And look at Trump now. Melania is refusing to hold his hands in public. Ivanka has to answer to his infidelity. Trump wants to wage trade wars against all, allies and foes.

    Trump is making America super-fucking GREAT, not like never before.

    The only thing saving his tenure is Mike Pense being his replacement.

  • (Score: 2) by c0lo on Sunday March 04 2018, @10:52AM

    by c0lo (156) Subscriber Badge on Sunday March 04 2018, @10:52AM (#647576) Journal

    The only thing saving his tenure is Mike Pense being his replacement.

    Do you think he chose Mike Pence by luck?
    (grin)

    --
    https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford