Is the implication that as societies scale they become unsustainable because humans, with their mimetic tendencies, copy behaviors more often of the lucky than the skillful? It doesn’t seem to be that way in practice. It seems few people copy the people who’ve had the greatest
-
-
Replying to @Molson_Hart @DellAnnaLuca
outcomes. And, further, while at first I agreed with the idea that as societies scale they’re greatest outcomes will be more a function of luck than skill, this also doesn’t seem to be born out in practice. Bezos, Gates, and Buffett seem more skilled than lucky.
2 replies 0 retweets 0 likes -
Replying to @Molson_Hart
They're definitely extremely skilled. The scoreboard of solid companies is filled with skilled people (


)
But the masses don't know Bezos and don't copy Bezos.
The participants to the scoreboard used by most people to determine who to copy are mostly there by luck.2 replies 0 retweets 0 likes -
Replying to @DellAnnaLuca
Do you mean the subset of people available to most people to copy is determined by luck or the rich uncle that one copies got his riches from luck?
1 reply 0 retweets 2 likes -
Replying to @Molson_Hart
I meant the former. But I definitely have to think more on this.
1 reply 0 retweets 0 likes -
Replying to @DellAnnaLuca @Molson_Hart
The intuition I had (far from proven, just an hypothesis) was that “imitating the behavior of those on top of my mind”, *all other things equal*, tends to be a riskier strategy in a metropolis than in a village.
1 reply 0 retweets 1 like
That feels true but maybe it’s not if the people on top originated from your village. Said another way, perhaps it’s not risky to attempt to be a billionaire in the United States. Cuba or North Korea may be a different matter.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.