News for hackers. Stuff that matters.
Re:Wealth isn’t created at the top, it is merely devoured there by danmaz74 on Sunday April 16, 2017 @07:07PM (#14128078)
Playing devil's advocate: because the chance of winning the lottery is a big motivation...
Re:Wealth isn’t created at the top, it is merely devoured there by dsacco on Sunday April 16, 2017 @07:13PM (#14128110)
I don't follow - wealth itself is motivating to people who want it. Why single out the lottery?
Re:Wealth isn’t created at the top, it is merely devoured there by grogenaut on Sunday April 16, 2017 @08:56PM (#14128551)
GP is likely referring to the startup lottery. Why did amazon win and pets.com fail? Why Facebook and not Myspace or orkut? Right place, right time + skill to make it + lucky = lottery.
Re:Wealth isn’t created at the top, it is merely devoured there by papabrown on Monday April 17, 2017 @10:05PM (#14135979)
You really believe that the different between MySpace and Facebook is total lottery? Circumstances? MySpace sucked. It was an idea that was executed very poorly. Letting users turn their profile pages into CPU sucking machines was one of many poor choices made by the company. The reason Facebook succeeded and MySpace failed was because Facebook made different decisions than MySpace did.

This whole concept is like saying, well, one guy decided to do the things he loved, go to baseball games, get drunk with his buddies, and watch copious amounts of TV. But this other guy spent 8 years educating himself and working his butt off accomplishing many things. Let's reward them equally because they both grew up in the same town thus should have equal outcomes.