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This is all interesting to me. Probably around 40 years ago someone in management decided that certain people were winning the economic game because they were
by jonbarker 9y ago
This is all interesting to me. Probably around 40 years ago someone in management decided that certain people were winning the economic game because they were better (meritocracy) and then when we went through a series of technological disruptions we came upon a funny variant which I will attempt to paraphrase "those who are successful are the best at increasing their at-bats and therefore their opportunity to have 'lucky' events." This system seems OK, it selects on people who aren't afraid of failure, and that can't be bad. However, the new problem we have is a situation where there are basically monopolies whose heads still have the 'fail fast' mantra stuck in their heads....