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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: 2) by Azuma Hazuki on Sunday March 04 2018, @03:22AM (7 children)

    by Azuma Hazuki (5086) on Sunday March 04 2018, @03:22AM (#647459) Journal

    People like Uzzard will never admit this, because their entire worldview is based around it not being the case. Don't even waste your time replying to him, except with things like "have fun in Hell." We are not dealing with a rational human being here.

    --
    I am "that girl" your mother warned you about...
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 2) by The Mighty Buzzard on Sunday March 04 2018, @05:28PM (6 children)

    You really should look up the word rational. I think you're going to be disappointed that it does not mean making decisions based entirely on your feelz.

    As for the comment you were replying to? tl;dr

    --
    My rights don't end where your fear begins.
    • (Score: 2) by Azuma Hazuki on Monday March 05 2018, @07:53PM (5 children)

      by Azuma Hazuki (5086) on Monday March 05 2018, @07:53PM (#648123) Journal

      Ye gods, I had no idea they made a halogen bulb big enough to handle that kind of projection.

      Here's a hint, carrion-breath: "taxation is theft!" is a "feelz" statement, not a "realz" statement. You can't back it up with much of anything, and if we dig deep enough, we will uncover the root of it, which is you sitting on a small pile of assets like the world's ugliest, rattiest mini-dragon and snarling at people to keep away.

      And your "tl;dr" is bullshit; what you really mean is "there's a lot in here i can't reply to so i'm just not going to even read it, and dismiss it out of hand, as if that somehow makes it wrong."

      Has it ever once in your miserable life occurred to you that money was made for humans, not humans for money? That the free market is not a God?

      --
      I am "that girl" your mother warned you about...
      • (Score: 0) by Anonymous Coward on Monday March 05 2018, @09:19PM

        by Anonymous Coward on Monday March 05 2018, @09:19PM (#648187)

        "which is you sitting on a small pile of assets like the world's ugliest, rattiest mini-dragon and snarling at people to keep away."

        Ha!! That is the best description of libertards I have yet seen, thank you.

        PS: not all libertarians are tards, but the venn diagram is a bit disturbing.

      • (Score: 2) by The Mighty Buzzard on Tuesday March 06 2018, @01:58AM (3 children)

        No, I really didn't read it. I almost never read wall-o-text comments. It's rarely worth arguing with my ADHD over.

        As for the rest, blah blah and blah. Learn a new tune. We've had those arguments before and you always lose because I can explain precisely why I believe something without resorting to an argument made entirely of feelz; and you can't.

        --
        My rights don't end where your fear begins.
        • (Score: 2) by Azuma Hazuki on Tuesday March 06 2018, @04:52AM (2 children)

          by Azuma Hazuki (5086) on Tuesday March 06 2018, @04:52AM (#648364) Journal

          More projection. Do you really think you're fooling anyone? Just how much contempt do you hold your userbase in? Plenty of people have called you out on your bullshit in the last couple of threads dealing with money topics.

          --
          I am "that girl" your mother warned you about...
          • (Score: 2) by The Mighty Buzzard on Tuesday March 06 2018, @12:13PM (1 child)

            Hold them in contempt? I'm trying to educate them. If they're on this site, they should be smart enough to throw off the propaganda they've been fed that's holding them back and see the truth. You know, the truth that nobody is keeping them down and all they have to do to get ahead is contribute something that people have a genuine and significant desire/need for and charge for it.

            And you should know better than anyone that having someone disagree with you does not make you wrong. Not being able to counter a rational argument might but consensus is not truth.

            --
            My rights don't end where your fear begins.
            • (Score: 2) by Azuma Hazuki on Tuesday March 06 2018, @08:48PM

              by Azuma Hazuki (5086) on Tuesday March 06 2018, @08:48PM (#648674) Journal

              So they should throw off what you call propaganda and replace it with your specific brand of propaganda? Because, Uzzard, I've news for you: you are playing the useful idiot for the sociopathic megacorps and their billionaire CEOs.

              Step back and see what it is you're saying: "Well, I have enough and did it my way, and no one helped me [this is utter bullshit by the way], so therefore a) anyone not succeeding has only themselves to blame, b) I am completely morally clean as to how I got this far, and c) everything is just fine with how the US economy works, except that too much is done to help people on my dime."

              Congratulations, Uzzard, you restated "fuck you, got mine" a different way. You care about no one and nothing but yourself, and because you don't even half understand the circumstances that allowed you to work hard and make the money you did, by default you throw everyone else under the bus, thus allowing and even supporting the continued degradation and slow democide of the working poor and the disappearance of the middle class.

              I can't comprehend this kind of selfishness. How do you live with yourself?

              --
              I am "that girl" your mother warned you about...