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My current guess is that a large part of this is the increase in various amounts of "chores" to manage, and this potentially increases with more wealth. Bills t
by projektir 9y ago
My current guess is that a large part of this is the increase in various amounts of "chores" to manage, and this potentially increases with more wealth. Bills to pay, insurances to get, appointments to make, this or that government obligation to fulfill, monitoring credit report and data breaches, investing money here or there, getting real estate...
+ other things, like continuous learning, information collection, designing exercise schedules, designing diet systems...
With the persistent threat that if you mess these up there will be trouble.
Related to this, I wonder if the proliferation of these things is why conscientiousness is currently strongly associated with success. I've seen highly intelligent people have significant failures in their lives because they simply couldn't efficiently manage the bureaucracy that it seems it is assumed you can just manage automatically, which very much does not seem to be the case.
In reality, I think the current small (and large) task management load is simply too large for most people to properly handle, and wealth doesn't particularly help with all this because it doesn't directly increase the mental load surface... unless you outsource the work somewhere else...