3 ms·

Relatively speaking, more compensation is more sufficient than less.

triceratops 3y ago
Once you get beyond a certain amount of wealth, some things are more important than money. I don't mean people become altruistic, just that they pursue more than a number.
- usrusr 3y ago
  My impression is that the opposite can be true as well: beyond a certain amount of wealth, no number can be high enough to not chase an even higher one. I believe that the low point of pursuing more is when there is enough money to make the immediate utility of a little more unnoticeable but not so much as to make your wealth the defining characteristic of your identity. Once that happens, no number will ever be high enough, they'll seek the higher number like competitive gamers seek higher scores, runners seek lower marathon times, skaters seek ability to do more tricks, collectors seek rare collectibles.
  - johnnyanmac 3y ago
    >beyond a certain amount of wealth, no number can be high enough to not chase an even higher one perhaps, but I think the previous point is more poigninant. If you make a billion dollars, many would care less about making 1 billion more than maybe making $200 million more and a way to start influencing others. You don't buy a large website for tens of billions because you expect to turn that into hunderds of billions. You do that because you now have the eyes and ears of billions of people. Money correlates with Fame, but by itself isn't fame. It's a tool to gather fame or power or simply leisure. Collecting money for money's sake probably isn't unheard of, but extremely unlikely.
- mathgeek 3y ago
  Some things are always more important than money, at all levels of wealth. That’s not the point though. While you will find exceptions, the majority of people will accept more money when offered it for the same or similar role. This is especially true when talking about folks at the level of “Tesla board members”. These kinds of folks don’t have to choose between money and power/fame/connections so much as balancing them.

Once you get beyond a certain amount of wealth, some things are more important than money. I don't mean people become altruistic, just that they pursue more than a number.

usrusr 3y ago
My impression is that the opposite can be true as well: beyond a certain amount of wealth, no number can be high enough to not chase an even higher one. I believe that the low point of pursuing more is when there is enough money to make the immediate utility of a little more unnoticeable but not so much as to make your wealth the defining characteristic of your identity. Once that happens, no number will ever be high enough, they'll seek the higher number like competitive gamers seek higher scores, runners seek lower marathon times, skaters seek ability to do more tricks, collectors seek rare collectibles.
- johnnyanmac 3y ago
  >beyond a certain amount of wealth, no number can be high enough to not chase an even higher one perhaps, but I think the previous point is more poigninant. If you make a billion dollars, many would care less about making 1 billion more than maybe making $200 million more and a way to start influencing others. You don't buy a large website for tens of billions because you expect to turn that into hunderds of billions. You do that because you now have the eyes and ears of billions of people. Money correlates with Fame, but by itself isn't fame. It's a tool to gather fame or power or simply leisure. Collecting money for money's sake probably isn't unheard of, but extremely unlikely.
mathgeek 3y ago
Some things are always more important than money, at all levels of wealth. That’s not the point though. While you will find exceptions, the majority of people will accept more money when offered it for the same or similar role. This is especially true when talking about folks at the level of “Tesla board members”. These kinds of folks don’t have to choose between money and power/fame/connections so much as balancing them.