tl'dr: The game is rigged for the top 1% so it can face less competition and not...

hjhgjtyhgd · on March 26, 2016

How exactly is the game rigged for Paul Graham, Mark Zuckerberg, Drew Houston, Evan Spiegel, Elon Musk, Peter Thiel, and the millions of other entrepreneurs?

URSpider94 · on March 26, 2016

He pretty much gives entrepreneurs and high tech workers a pass, by saying that they have earned the right to be in the 1%.

The concern is more that their children, and their children's children, are likely to be in the 1% as well, no matter what they do, or don't do.

TheLogothete · on March 26, 2016

Wealth does not pass a generation.

http://time.com/money/3925308/rich-families-lose-wealth/

It is a very known fact, but I couldn't find better sources quickly, so this article has to do.

hackuser · on March 26, 2016

EDIT: morbius says it much better than I did.

I'll add that they also are all Americans, 5% of the world's population with an enormous advantage. Based on the success rate of tech startups in Somalia, I would guess that if they were born there we never would have heard of them. How many brilliant people does the world lose to bad circumstances like that? Almost certainly, it's nearly all of them.

solipsism · on March 26, 2016

Did they also establish whether water is wet?