Allison Schrager notes:
https://www.washingtonpost.com/business/2023/05/11/this-one-weird-trick-could-save-the-us-economy/4fc82eb2-efe1-11ed-b67d-a219ec5dfd30_story.html
The labor market also feels ruthlessly competitive. It’s dominated by a few “superstar” firms, like Alphabet Inc.’s Google or McKinsey & Co. that pay more than other employers, confirming a prestige that can be monetized. Success is no longer a factor of risks well taken. Getting on the track to success requires taking no risks at all, going to the right schools, acquiring the right network, living in a big city, and establishing an impeccable work history before you even start your career. ...
… the marginalization of weirdness may not be sustainable. The economy still rewards creativity, self-sufficiency and ingenuity. The biggest rewards still go to innovators and people who see how to do things differently. This will only be more true as artificial intelligence becomes more pervasive in the economy. It does a great job finding solutions based on existing rules and information. It’s less well suited for novel solutions to new problems.
https://www.washingtonpost.com/business/2023/05/11/this-one-weird-trick-could-save-the-us-economy/4fc82eb2-efe1-11ed-b67d-a219ec5dfd30_story.html
The labor market also feels ruthlessly competitive. It’s dominated by a few “superstar” firms, like Alphabet Inc.’s Google or McKinsey & Co. that pay more than other employers, confirming a prestige that can be monetized. Success is no longer a factor of risks well taken. Getting on the track to success requires taking no risks at all, going to the right schools, acquiring the right network, living in a big city, and establishing an impeccable work history before you even start your career. ...
… the marginalization of weirdness may not be sustainable. The economy still rewards creativity, self-sufficiency and ingenuity. The biggest rewards still go to innovators and people who see how to do things differently. This will only be more true as artificial intelligence becomes more pervasive in the economy. It does a great job finding solutions based on existing rules and information. It’s less well suited for novel solutions to new problems.