Skills, Careers, fate, irony and the rich - Edition 5
Skills Plateau Because Of Decay And Interference
Writers at 55 are not better writers than writers of age 35. Doctors under 40 have a better cure rate than doctors above 40.
The Decay Hypothesis postulates that doctors are seeing only X variations of the patients. By 40 they have seen it all. Adding more years is not helping them gain more knowledge.
As per the Interference Hypothesis, people have trouble remembering stuff that is very similar to each other.
3D Careers
The digital age presents a challenge of which career path to choose. There are so many paths to achieving Maslow's hierarchy.
Previously you need credentials to be a professor. Now anyone can teach via Teachable, YouTube, TikTok, Masterclass, or other mediums. Previously you needed to work with a media company to get your voice out. Now anyone can blog. Same with the musicians. Some did MBA for networking. Now one can build a network by being useful online.
Miekii is a bike messenger but he has over 50K twitch followers. Hikaru plays chess but he has 1.5 million twitch followers. He and others have transformed their mundane job into something of value.
Fate Loves Irony
The author gives many examples of fate-loving irony. Here is mine. During the pandemic stock market went higher, more startups were funded, and people had more wealth by saving and assistance from the govt. Once the pandemic ended and the fed started raising the interest rate then layoffs started. Shouldn’t the end of the pandemic be a joyous occasion?
The Rich And The Wealthy
Are you rich or are you wealthy? Is it true that the richer one becomes the harder it gets to live within the means? Is it true that abundance is harder for us to handle than scarcity?