I share your thoughts. Sometimes you just need to be at the right place, at the right time, solving the exact problem and this is troublesome, especially in this era when so much is already invented.
Maybe I just have a wrong view, but I don't know how to decouple from this.
Combined with the willingness to exploit those two things to hoard as much as you can, without qualms about taking advantage of cheap goods and cheap labor even from those who work as hard as you but get less because of economic/power/freedom asymmetries, without concern for the Mathews Effect (that wealth breeds wealth, that poverty breeds poverty)...
And just following up: Even though there is a significant amount of random chance, that does not mean you are randomly sorted into success and failure.
Even if you move from 0 to success with a very-small positive bias on your random walk, even the lower-bound on most of the results will be increasing with sqrt(n).
Don't let randomness dissuade you from effort, even maximal effort, because every thing you can do it increase your "bias towards success" will have an effect over long time scales.
The way my dad explained it to me: "a heads or tail might matter, in the grand scheme of things, but at the end of the day, you gotta be there to flip the coin in the first place." Granted, he said that in regards to me being in the wrong place at the wrong time, but the quote applies aptly here.
Tech has often been associated with novel success. That is success by inventing or perfecting a previously underrated, underestimated or wholly invented technology.
This isn’t the only type though.
There is success through persistence. In the long run, 95% of businesses fail. Simply running a component operation that outlasts competitors in a proven market can take you very far. It’s harder than it looks. Likewise this gets little traction on most media
Then there is success by accident. The one that gets most traction in media is businesses that have some flash in the pan unexpected success. These seem to be a traditional combination of luck and persistence. Along these same lines are businesses that come to fruition during a time in which they can succeed, like TikTok and the pandemic.
Absolutely. I've been pretty lucky in my career, especially at a couple of critical junctions. But I had also put the foundations in place to be lucky at those junctions.
Not just capitalism, luck applies to even ordinary things like getting jobs etc. This is not to say we shouldn't try or put effort into whatever we are doing, but luck does play a big part. In one place where I worked, this 18 year old kid got an internship. She wasn't terrible, but she wasn't great either. She masterfully did minimum work for maximum benefit. I learned she was the kid of a VP who worked there - I am sure there were plenty of kids who were more qualified/motivated than her, but they don't have a VP parent.
There is a reason young people today feel hard work doesn't reward as much as it used to. Everything is stacked against them - from student loans to crappy jobs. SO MUCH depends on luck
My side project is about market making in a very particular way / or niched between decentralised exchanges and centralised one. The good thing is that this industry is so big that even as a small competitor I can do a lot. I don't have a product, just a basic page that's broken here and there https://asset.plus/, my actual revenue comes from my bots trading. I am currently expanding my infrastructure, but I really have to take care of costs because servers for low latency are expensive.
I share the exact feeling as you do, it's a lot of bs that has almost no value. None of those problems reflect what business needs to solve; everything today can be Googled and fixed with straightforward code.
Usually, the computing part isn't the part that prevents a business from scaling more (servers are cheap).
> It's ok to post stories from sites with paywalls that have workarounds. In comments, it's ok to ask how to read an article and to help other users do so. But please don't post complaints about paywalls. Those are off topic.
What a great story, I remember I found the same mod on a server and I played for one month on a daily basis until I got rich, mostly by taking advantage of the trading system as well.
Just that in my case the economy crashed and we were forced to start over.
Interesting, how about adding them into a graph and show it on a weekly basis? I always wondered, plus if you could do something like avg salary and such... and evolution.
Also to take in consideration the country and inflation over there, plays a big role.
Can you add it percentual? I mean I can do the math, but I think it will be a lot more useful to see out of the total available remote jobs were it stands. Thanks!