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I had a professor who’s brother worked in finance and he openly admitted his brother sometimes paid more in taxes than he got in salary. So I understand where y
by bumby 4y ago
I had a professor who’s brother worked in finance and he openly admitted his brother sometimes paid more in taxes than he got in salary. So I understand where you’re coming from.
And I do think some of that finance work has value. But let me ask, if you had to put a percentage on it, how many of the best and brightest would you want going into finance vs say, medicine or physics? At what point does it tip to being a worse outcome for society? What percentage should go to ad-spend software jobs?
The problem as I see it is when we’re acting on a value system with the singular goal of making the most money, it can become a sort of prisoner’s dilemma where the rational choice at the individual level leads to worse outcomes for the group (to include the individual making the choice)
- lordnacho 4y agoI don't know what the right amount is, but with the numbers being where they are, it just seems like doing any of the jobs that are considered socially useful (doctor/nurse/policeman/research/etc) is simply too big a sacrifice if you have the choice. You might be right about the prisoner's dilemma: if you are an engineer and you get an offer from the cure for cancer research group, vs potentially 7 figures in a few years, it's going to be awfully hard to save humanity.