It matters quite a bit what the return to competence is, whether one models the returns to competence as being static or increasing (or decreasing), what one models the present distribution of competence as, and whether we can intentionally change competence in the small or large
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can't you let a man dream
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but yes, agree completely. people often assume certain industries are incompetent people, when they are jus tmisaligned incentive structures of course, over time that has feedback loop with talent that comes to industry making it self fulfilling. I'm very excited to throw my
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