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A comment on The Economics of Status (2006). Parent comment
> but in technology people spend > a lot less time worrying about > that
- Big-name employer (Google, Facebook, etc)
- Inflated job titles (CxO or VP at a 2 person firm)
- Going into management when they don't enjoy it
- "Meritocracy"
- Arguing in architecture or planning meetings
- Using the latest and coolest technology
- Speaking at every opportunity at events
It's possible to do all and any of those -- and to any degree -- without status seeking. But many people do those for the status.
EDIT: Personally I spent a fair amount of time and money on a mid-career Ivy League MSc I didn't need, almost entirely for the signalling effect.
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- Big-name employer (Google, Facebook, etc)
- Inflated job titles (CxO or VP at a 2 person firm)
- Going into management when they don't enjoy it
- "Meritocracy"
- Arguing in architecture or planning meetings
- Using the latest and coolest technology
- Speaking at every opportunity at events
It's possible to do all and any of those -- and to any degree -- without status seeking. But many people do those for the status.
EDIT: Personally I spent a fair amount of time and money on a mid-career Ivy League MSc I didn't need, almost entirely for the signalling effect.