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The Role of Luck in Life Success

blogs.scientificamerican.com

121–130 of 213 posts

Re: The Role of Luck in Life Success

#121
post #52

Earlier quoted context omitted.

But it is a race and gender issue. I'm not trying to divide people, just stating facts. Attaining wealth is much easier if you're born into a specific race, thus your chances of being born wealthy are directly correlated with your chances of being white. Attaining wealth is much easier if you're male. Among the many reasons are increased career opportunities in general, less chance of a stalled career because of chil…

Having a black doctor for a parent probably provides more benefit than having a white dockworker for a parent. That's the point of the comment above. Similarly for being the daughter of rich couple or the son of a poor couple.

>Having a black doctor for a parent probably provides more benefit than having a white dockworker for a parent.

Sure, but having a white doctor for a parent is very likely more beneficial than both of those examples. This should not be a very controversial point.

Re: The Role of Luck in Life Success

#122

The most important quote: "In general, those with greater talent had a higher probability of increasing their success by exploiting the possibilities offered by luck. Also, the most successful agents were mostly at least average in talent. So talent mattered."

I don't understand this artificial distinction between talent and luck. Isn't one lucky to possess the talent in the first place? What one does to develop that talent into something meaningful is of course a different matter.

Re: The Role of Luck in Life Success

#123

Earlier quoted context omitted.

"Getting in the game is a choice you make." If you are lucky enough to make that choice ;-)

Did you reply to me because luck took hold of your fingers, or did you choose to?

He's replying on this forum because he's lucky enough to have a life with enough leisure time to shitpost on a web forum.

Re: The Role of Luck in Life Success

#124
post #90

Earlier quoted context omitted.

Stop doing this. It is a factor - no one denies that, but it is only one of many factors. You're trying to elevate one factor above others and derailing the higher conversation people are trying to have here. It's just not productive.

Many people deny this, so I think it is an important part of the higher conversation and inherently productive to discuss. People tend to think luck is heavily about positioning yourself to succeed. I think that's true, but I also believe that the most important factors to putting you in those lucky positions are not in your control. Someone who is not already born into a lucky position has to get even more lucky to…

> Many people deny this Maybe, but nobody brought it up before you did.

>People tend to think luck is heavily about positioning >yourself to succeed.

>I think that's true, but I also believe that the most >important factors to putting you in those lucky positions >are not in your control.

>Someone who is not already born into a lucky position has >to get even more lucky to succeed.

That we all agree on, what we disagree on is you trying to elevate race above all other uncontrollable factors in ones life. I don't know if it's true or not, but you probably don't have the data to back that assertion up.

> You telling me to simply stop talking about something that I believe is an important point to make is very strange.

Because we are trying to have a civil and deep discourse about an important subject . Any social issue under the sun can be related to racial issue, from violence to education level to health; It's doesn't mean that adopting a racial frame is the best way of discussing,reflecting and solving those issues. We aren't even sure to which part race is a causing vs a correlating factor. What we do know however is that race is such a polarizing subject (in the US at least) that trying to shoehorn race into a debate is a sure way to derail it. Not to mentioned the blatant disrespect to all the other type of human experience that somehow you think are worst than being black in america (mental health and devellopmentale issue for example, and yes see we can all play the game of who as it worst...)...

So ultimately it's not that race is not important, it's that it's not a useful frame for every subject.

And yes i am black, and on my wish list of stuff i want to change about myself higher social status, more money, higher overall sexual attractiveness come way before race...

Re: The Role of Luck in Life Success

#125
post #11

The study was discussed yesterday at https://news.ycombinator.com/item?id=16496898 , but I guess we'll not treat the current article as a dupe, since it's a bit better.

why was the title editorialized? I think it's quite important that the results are in the title.

If you mean "The Role of Luck in Life Success Is Far Greater Than We Realized", that's misleading because the actual result was the output of a computer simulation. So we took the misleading bit out, per https://news.ycombinator.com/newsguidelines.html. It was also linkbaity, so that guideline applies too.

If you mean the title of the other post, it had the same problem and we edited it in response to https://news.ycombinator.com/item?id=16497343.

Re: The Role of Luck in Life Success

#126
post #116

Earlier quoted context omitted.

Studying improves your odds of success. Video games improve your odds of failure. It's your choice.

That's true, but being in the right place at the right time improves your odds of success more.

Right place at the right time is a stacker, like so many (most?) things.

Being in the right place at the right time, is probably worthless without the necessary skill/s (where studying/learning/education can come in) and attributes to take advantage of the opportunity in question.

Maybe you meet an elite investor in an elevator and have an opportunity to pitch them. You lack the technical skill or experience to bring it home. You perhaps never really had a shot at that right place + right time moment (so was it ever an opportunity at all? Is it a sliding scale? debate loop).

Some of what we can be is defined at birth. If your brain wiring is very heavily tilted toward being an artist, you likely will not be the next John Carmack. Adrian Carmack could not do what John could no matter how hard he tried (I know they're not related, I couldn't resist). I know there are exceptions to these rules, they're exceptions however.

Re: The Role of Luck in Life Success

#127
post #116

Earlier quoted context omitted.

That's true, but being in the right place at the right time improves your odds of success more.

So put yourself into the right place. There's a reason people move to Silicon Valley, for example. Put the video game console down, turn the TV off, get up and go to where the opportunity is.

Yes, luck is a factor.

If you roll once or twice, then say "It's just luck", you're completely right.

But if you keep rolling the dice again and again and again, you're eventually going to get a good roll - especially if you can tweak the roll just a bit. Then you say, "Luck is important, but hard work helps, too."

Re: The Role of Luck in Life Success

#128
post #108

I am financially independent and it is almost entirely due to luck. I was in a stable career as an AI researcher when, in 2000, pretty much on a whim, I decided to apply to work at an obscure little startup company called Google. It was the only startup I had ever applied to at that point (until then my ambition had been to become a university professor). Since 2005 I have participated as a principal in half a dozen…

Around 2001, a cohort of recent grads was working on an obscure experimental thing at Microsoft that never went anywhere. Half of the group went to Mountain View, and half stayed in Redmond. The first half are all millionaires now, and the second half are just well-off.

You can look at this from many directions. Did the natural hustlers hustle their way to Google, while the naturally complacent stayed put? Did the Googlers just go there because that's where their friends went, or because they thought it was cool? Did the Mountain View people catch the fever after the fact, and become hustlers, while the Redmond people absorbed the relatively relaxed culture there? Did everyone just go where they thought was best and then it turned out one of those places was saturated in money?

Re: The Role of Luck in Life Success

#129
post #116

Earlier quoted context omitted.

That's true, but being in the right place at the right time improves your odds of success more.

So put yourself into the right place. There's a reason people move to Silicon Valley, for example. Put the video game console down, turn the TV off, get up and go to where the opportunity is.

That is easier said than done. The right place is usually only evident in retrospect. A lot of people move to Silicon Valley, work their freakin' asses off for decades, and still don't succeed.

Don't get me wrong, I am not saying that it's hopeless and that you should just give up and play video games. But I believe that dumb luck is a bigger factor than effort. Luck is necessary, and can be sufficient for success. Effort and skill are neither. (And, BTW, this is a consequence of deep problems in the system we have set up, and we ought to try to change those. But you can't solve a problem without first acknowledging that the problem exists.)

Re: The Role of Luck in Life Success

#130
post #110

Earlier quoted context omitted.

I think most people believe that you can choose, on any given night, to study or play video games. And I think most people believe that if you choose to study then sooner or later you will succeed. And I think most people are wrong on both counts.

Studying improves your odds of success. Video games improve your odds of failure. It's your choice.

My point is: Your experiences taught and reinforced that lesson. It's turtles all the way down.
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