Income Inequality

[Speaker to Animals]

How many people do you think have talent and intellect to do stuff like this? Seriously.

Millions, that's the problem: only the very, very lucky actually do because the winner takes all the spoils.

What makes you say millions?

[Okeefenokee]

How many people do you think have talent and intellect to do stuff like this? Seriously.

Millions, that's the problem: only the very, very lucky actually do because the winner takes all the spoils.

bull fucking shit. Millions my lilly white ass.

[Martin Hash]

350 million people in the U.S. 2% of the population is "gifted." That's 7 million right there, not counting brilliant immigrants, of which there's a larger % of "gifted" by natural selection. But my experience is that somewhere between the top 5-10% is extremely competent, and double that for competent. Almost all jobs could use any "gifted" people and most of the next range are interchangeable too. And once the process is in operation, it only takes a competent person.

[Speaker to Animals]

LMFAO

The immigrants we are getting have a lower average IQ than us except for Asians, but we are fucking over Asians with affirmative action.

Concocting a nebulous "gifted" label means nothing as well. To build something like Google, those guys needed the creative intellects to write the paper and patent the algorithm, the business acumen to build a viable enterprise using the algorithm, and the education to even be able to come up with the idea in the first place. The only one of those we can maximize as a matter of public policy is education, and Martin, we are doing the opposite with affirmative action in admissions and funding.. so what do you really expect here?



Beyond that, it is my firm belief that we actually are entering a kind of dark age (though we do have more permanent media, so it won't be quite as "dark"), and have been in this decline for some time. We don't innovate not because the government doesn't properly plan the society or whatever, but because our society and culture is totally rotten and infected with a kind of dark age mindset in which truth and even science must be the servants of politics and ideology.

Think about how our society ran from the late 19th century until about the 1960s. We saw rapid technological change throughout all that time. Now we have universities run by marxists. What we think of as our greatest innovations are mostly toys, not spaceships and cures for deadly diseases.

You have to be realistic about this stuff. Only a few people have the necessary combinations of intellect, talents, and personalities to really build amazing amounts of wealth like this. LOTS of people have the intellect and talents, and they drive what innovation we have, but they don't get fabulously wealthy because they depend upon others to build the business empires off of those things. One of the greatest inventors of our time is a man named Claude Berrou. His turbo coding algorithm makes high bandwidth wireless communications possible. That's pretty much our big claim to innovative fame in the past decades. But it took companies like Motorola to actually use that algorithm and build these wireless networks on the idea.

Hedy Lamarr was another good example. She was a great actress in her day, but not many people know she was a genius. She invented little things like frequency hopping spread spectrum that allows us to connect multiple mobile devices to one wireless network. HUGE. But she needed other people to build off of that.

If you are so concerned with money, the best I can tell is that to get super rich, you need a very good business acumen, an extroverted personality, and good business sense. You can use what geniuses provide you to build the empire. If you are a technological genius *and* the extroverted entrepreneur genius, then more power to you. But most people are not both.

And probably 90% of this forum are introverted borderline autists, which probably better explains this thread than anything else..

[Martin Hash]

There's way too much hero worship based on fame & wealth, as if fame & wealth adequately represent brilliance, effort & tenacity. If you want an objective measure of overall intelligence & wisdom, read my Renaissance Myn evaluation. (See button on my main page. If you think there's something RMyn fails to measure correctly, I'm interested in hearing it.)

p.s. I'll challenge anyone in the world to a Wyse-off.

[Okeefenokee]

You are wrong to think that all it takes is an above average brain.

Mozart had an above average brain and he died broke and was buried in an unmarked grave.

[Martin Hash]

You guys are making my case for me. IT'S MOSTLY LUCK!

[Okeefenokee]

You guys are making my case for me. IT'S MOSTLY LUCK!

Luck my ass. You're off in the woods, lost.

• Here are the 25 best-paying jobs, according to Glassdoor:
  Physician. Median base salary: $180,000. ...
  Lawyer. Median base salary: $144,500. ...
  R&D manager. Median base salary: $142,120. ...
  Software development manager. Median base salary: $132,000. ...
  Pharmacy manager. ...
  Strategy manager. ...
  Software architect. ...
  Integrated circuit designer engineer.

http://www.cnbc.com/2016/07/26/the-25-h ... erica.html

[Martin Hash]

You think those jobs and increasing wealth disparity have anything in common? Dude, I can assure you that you won't ever get on the 1% radar working for somebody.

My point is that the Middle Class would be much healthier than it is if income was pushed downward. This is not the same as redistributing wealth to the poor, it's letting the next equally talented & ambitious person catch some opportunity. Fuck The Poor, that's what Welfare is for.

[pineapplemike]

meanwhile

YouTube video gamer PewDiePie has assembled more than 50 million subscribers in his “bro-army” and made a fortune while doing it.

He made $15 million in 2016 according to Forbes, which puts his net worth in the $60 to 80 million range. PewDiePie has made $124 million since 2010 and falls in the 56 percent income tax bracket in Sweden, according to Coed.com.

The Highest Paid YouTubers in 2017
Hank Green: $2 Million
(tie) Lily Singh: $2.5 Million
(Tie) Rosanna Pansino: $2.5 Million
Jenna Marbles: $2.9 Million
Roman Atwood – $4.5 Million
Grace Helbig: $5 Million
Markiplier: $5.1 Million
Smosh: $11.8 Million
Pewdiepie: $18 Million
Michelle Phan: $50 million

I disagree about the no opportunity bit, there are tons of people making money on the internet. Maybe not a million, but probably more than you would think.