This would only be true in scalable professions like software. It's interesting he uses a chef as an example because I think its an example that proves his poi

This would only be true in scalable professions like software. It's interesting he uses a chef as an example because I think its an example that proves his point incorrect. You will still be an extremely profitable restaurant if you have a chef 96% as good as the best chef in the area. That's because chefs and restaurants aren't scalable. The best chef can't service everyone unlike, say, the best software provider.