That would do as well as anything as a definition of adulthood: when you stop getting credit for effort.
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Do American universities give you credit for effort? They don't in Eastern Europe, which was a big shock for me coming from high school, where they do.
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I think they mean partial grades. You do not have to get the right final answer to a problem. You will get some points if your approach and method are sound I also had exams with open problems with no correct answer and you had to find a general form of how the solution looks.
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Somewhat similar difference between B2B and B2C service businesses. Only hear from C when things go wrong. Thankless mode.
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Is that a meaningful difference between B2B and B2C? I think that when software is working, you never hear anything, regardless of who you sell it to.
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Also no outsized returns in undergraduate- you can't knock it out of the park on just one assignment and get an A, assignments are averaged and have an upper limit
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That is a very important point. Interestingly, there are outsized returns in grad school in math and fields sufficiently near it: if you solve some very important open problem, that's an automatic PhD.
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Maybe that's also why the economically nonsensical Labor Theory of Value has appeal to many young people.
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I always counter that theory rather flippantly, asking people to grow plants without any tools or fertilizer. Surely having a higher work/produce ratio makes your produce more valuable! Or at least you can tell yourself that while starving.
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