Earlier quoted context omitted.
IQ is definitely not a good measure of value, contribution, quality of thought. I think it's probably correlated, and for some contributions may be a gating factor, but I've seen plenty of smart people examining the wrong things, for sure. Meta-analysis of focus doesn't seem to come free with IQ. I think it's a skill.
A guy I know—who basically spends his time around high-IQ kids, seems to be on speaking terms with several Fields Medalists, and has closely studied the lives of lots of great scientists and mathematicians—says that great achievement comes from three ingredients: (a) mental horsepower (roughly measured by IQ); (b) taste, an aesthetic sense that helps one decide to work on the right things or investigate the right hyp…
It seems like it boils down to IQ, trait conscientiousness and the randomness inherently present in a complex, dynamical system.
I think people understimate or ignore the randomness aspect because you can't measure the way in which it contributes. But it's such an important factor. Randomness can generate circumstances that push and pull people at all ends of the distribution in all different directions. That not a trivial thing.
The detractors seem to want to focus on "well it's not a perfect predictor". Right. And you're not going to get one in a complex, dynamical system such as this.
But in case you were looking for some model that paints a roughly accurate picture in broad strokes, here's one we prepared earlier.