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."
(Score: 1) by anubi on Sunday March 04 2018, @01:51AM (3 children)
Chaotic.
"Prove all things; hold fast that which is good." [KJV: I Thessalonians 5:21]
(Score: 2) by FatPhil on Sunday March 04 2018, @02:05AM (2 children)
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 2) by ilPapa on Sunday March 04 2018, @02:08AM (1 child)
Anemic.
You are still welcome on my lawn.
(Score: 2, Funny) by Anonymous Coward on Sunday March 04 2018, @05:30PM
This thread is converging towards the next Daft Punk hit.