/sci/ - Science & Math » Thread #12378928

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Anonymous Mon 23 Nov 22:53:04 2020 No.12378928 View Reply Original Report

why aren't smart or high iq people not that much richer?

Anonymous

Anonymous Mon 23 Nov 2020 22:55:28 No.12378937 Report

Quoted By:

we live in a society

Anonymous

Anonymous Mon 23 Nov 2020 22:57:47 No.12378946 Report

Quoted By: >>12379596

>>12378928
Most didn't get an MBA and fell for the STEM meme

Anonymous

Anonymous Mon 23 Nov 2020 22:59:59 No.12378953 Report

Quoted By:

nepotism, personality skills, unquantifiable life circumstances, and perhaps, a nonessential view towards money. Even then, there's still a trend on that graph.

Anonymous

Anonymous Mon 23 Nov 2020 23:00:11 No.12378956 Report

Quoted By:

You should look at annual income and not net worth.

Net worth can be affected by lots of things such as inheritance and or marriage/divorce or working for daddys company

Anonymous

Anonymous Mon 23 Nov 2020 23:02:22 No.12378960 Report

Quoted By: >>12379033

Hardly any over 120 IQ people have 30k or under net worth, that is all clustered with the dummies.

being super rich is not the goal of a lot of scientist or teacher's or whatever's lives. Those are jobs a smart person might like just fine.

but being super poor sucks so bad everyone avoids it if they are capable

Anonymous

Anonymous Mon 23 Nov 2020 23:04:35 No.12378972 Report

Quoted By: >>12380142

But they are. Most billionaires are at least 130IQ. Most millionaires are at least 120IQ. The dropoff at 150IQ is due to different pathways they take in life. Many higher IQ people realize that they have serious cognitive function, yet they choose not to change the world because of indifference. Fear is also a consideration, which coincides with the inability to communicate effectively to those a standard deviation lower (not always). Many high IQ people are relegated to wage jobs, many good paying high respect jobs, but they fail to lead due to social inability/misunderstanding/pee pee poo poo.

The point here is that 150IQ+ individuals that are objectively 150IQ+ (not subjective test measurements), are not applicable to the earnings graph that the rest of society follows. If someone had an IQ of 9001 I am sure that they would be able to accomplish much of what they set out to do, and change the direct course of humanity we are currently on. 150IQ+ is great, but with a cognitive superiority so comes an inferiority in learning how to dumb down correctly. Lower IQs are vicious and if we are all equal in society, so too are our voices. An awful thought to comprehend but eventually you will get so high in intelligence that nobody will look out for you, even yourself.

This entire post is garbled but the sweet spot to immense wealth is patents or innovative technologies. Intelligent people are free to pursue both.

Anonymous

Anonymous Mon 23 Nov 2020 23:07:41 No.12378984 Report

Quoted By:

>>12378928
wealth has too much chaos and independent variables

Anonymous

Anonymous Mon 23 Nov 2020 23:13:02 No.12379008 Report

Quoted By:

>>12378928
I know plenty of morons with masters degrees, at the end of the day coming from money is a greater determining factor in growing up to make a lot of money than anything else. If you ask me, being smart is a liability in the wrong environment.

Anonymous

Anonymous Mon 23 Nov 2020 23:16:43 No.12379019 Report

Quoted By:

when you get smarter you realize that additional money doesnt matter much, and you can pursue high prestige jobs that dont pay well

Anonymous

Anonymous Mon 23 Nov 2020 23:20:38 No.12379033 Report

Quoted By: >>12379064

>>12378960
I'm over 130 and I'm worth maybe 9k if you include electronics. I have a friend who blows me out of the water and he works at a grocery store. intelligence is a tool, it's not a get out of poverty free card. it takes a lot of other attributes that can take advantage of it, like drive, work ethics, an actual desire to accumulate wealth. sociopathy works great too because then you can just manipulate people stupider than you without caring about it.

Anonymous

Anonymous Mon 23 Nov 2020 23:29:57 No.12379064 Report

Quoted By:

>>12379033
nobody said it's a get out of poverty free card, but on average people with higher IQs have significantly higher incomes, on average. Some get history degrees and barista

Anonymous

Anonymous Mon 23 Nov 2020 23:37:11 No.12379088 Report

Quoted By: >>12379139

Why was Taleb so determined to misrepresent the data analysis? he should be smart enough to understand his argument is wrong so why does he push it?

Anonymous

Anonymous Mon 23 Nov 2020 23:52:09 No.12379139 Report

Quoted By: >>12379155 >>12379191

>>12379088
Maybe because he’s not actually wrong? His track record is impeccable and he’s extremely honest intellectually. Brainlets have literally been caught up in a scam set up by Psychologist to legitimise their discipline as a science since every other aspect of the field is crumbling under the reproducibility crisis. You guys hate pop sci fags yet IQ is the exact same thing. It’s an appeal to scientism. Honestly at this point seeing who promotes IQ as a valid metric for intelligence is a pretty good heuristic for telling you if someone doesn’t understand statistics.

Anonymous

Anonymous Mon 23 Nov 2020 23:56:25 No.12379153 Report

Quoted By: >>12379160

>>12378928
When I work, I earn about $85k/year. But my expenses are low so I only work a couple of years at a time and then take a couple of years off. I've been doing this for decades and think it has given me an enjoyable life. If I worked thirty or forty years in a row, I'd end up with more wealth, but I'd also be old and unable to use the money then for as much enjoyment as I got with lesser money throughout my life.
t. IQ 132-138 range (four tests, twice during childhood, twice as an adult)

Anonymous

Anonymous Mon 23 Nov 2020 23:56:49 No.12379155 Report

Quoted By:

>>12379139
Yet Taleb is quite clearly wrong.
https://www.youtube.com/watch?v=ju_rEErqUrI

Anonymous

Anonymous Mon 23 Nov 2020 23:59:26 No.12379160 Report

Quoted By: >>12379232

>>12379153
Any offspring?

Anonymous

Anonymous Tue 24 Nov 2020 00:11:27 No.12379191 Report

Quoted By: >>12380449

>>12379139
No, he's quite wrong. He's pretty open about how he only said that shit to pre-emptively make himself uncancellable.

https://www.quora.com/Is-Nassim-Taleb-right-that-IQ-is-largely-a-pseudoscientific-swindle
https://www.jsmp.dk/posts/2019-06-16-talebiq/
https://ideasanddata.wordpress.com/2019/01/08/nassim-taleb-on-iq/

tl;dr the fact that IQ isn't linear is irrelevant, transformations can be done on it to deal with that. Nobody wants Gattaca. Your IQ is less than 70.

Anonymous

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Anonymous Tue 24 Nov 2020 00:16:49 No.12379207 Report

Quoted By: >>12379748 >>12380022

150+ here, everything i think about is suicide and death, but I have 8 cats so i need to take care of them and when they die i kms

Anonymous

Anonymous Tue 24 Nov 2020 00:24:00 No.12379232 Report

Quoted By: >>12379245

>>12379160
No, but I grew up in a low income household with four siblings so I'm quite certain that with good planning, I could still do the same with children. There would be some extra risk as children are basically random event creation machines. Add a spouse to the mix and things get much more difficult, not only because of added randomness but also because of resentment if one person works all the time and the other doesn't, even if they both bring in the same average income over time.

Anonymous

Anonymous Tue 24 Nov 2020 00:27:14 No.12379245 Report

Quoted By:

>>12379232
you could have one spouse work one year and another spouse work another year maybe

Why don't you look into investing your money into passive businesses?

Anonymous

Anonymous Tue 24 Nov 2020 01:00:21 No.12379360 Report

Quoted By:

>>12378928
Most high IQ people are too busy doing stuff like going back to high school over and over again, they probably don't give a fuck about excess money or prestige.

Anonymous

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Anonymous Tue 24 Nov 2020 01:03:02 No.12379371 Report

Quoted By: >>12379422

All I see is dots, where are the regressions?

Anonymous

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Anonymous Tue 24 Nov 2020 01:18:53 No.12379422 Report

Quoted By: >>12379435 >>12379476

>>12379371
here ya go

Anonymous

Anonymous Tue 24 Nov 2020 01:19:50 No.12379429 Report

Quoted By: >>12379634

tesla was broke as fuck

chasing money can take you away from your genuine interests

Anonymous

Anonymous Tue 24 Nov 2020 01:22:02 No.12379435 Report

Quoted By:

>>12379422
You know... I prefer linear regressions and all, but I guess this is good too. Thank you, anon.

Anonymous

Anonymous Tue 24 Nov 2020 01:34:17 No.12379476 Report

Quoted By: >>12379561 >>12379625

>>12379422
It's surprising how so many people has so little money

Anonymous

Anonymous Tue 24 Nov 2020 02:03:11 No.12379561 Report

Quoted By: >>12379594 >>12379620

>>12379476
What is surprising is that someone with 70 IQ makes over 200k a year.

Anonymous

Anonymous Tue 24 Nov 2020 02:14:45 No.12379594 Report

Quoted By:

>>12379561
Yeah look how rare it is on the graph though.
People who are born into money really don't have to try that hard to maintain their levels of wealth. I doubt there are many rags to riches self made millionaires with that low of an iq.

Anonymous

Anonymous Tue 24 Nov 2020 02:14:53 No.12379596 Report

Quoted By: >>12379893

>>12378946
please debunk STEM then dear anon

Anonymous

Anonymous Tue 24 Nov 2020 02:16:10 No.12379603 Report

Quoted By:

>>12378928
Smart people realize that the games not always worth playing. Money isn't everything.

Anonymous

Anonymous Tue 24 Nov 2020 02:17:11 No.12379610 Report

Quoted By:

>>12378928
because they are usually mega autismos and don't do well in social settings and just want to think about formal systems all day.

Anonymous

Anonymous Tue 24 Nov 2020 02:20:02 No.12379619 Report

Quoted By:

>>12378928
Capitalism peaked and now it's all about inherited wealth for the rich. You don't need to be smart to inherit wealth.

Anonymous

Anonymous Tue 24 Nov 2020 02:20:15 No.12379620 Report

Quoted By: >>12379657 >>12379710

>>12379561
An athlete or model probably

Anonymous

Anonymous Tue 24 Nov 2020 02:20:23 No.12379621 Report

Quoted By:

>>12378928

Because they realize that many hi++ paying jobs are boring as fuck and instead take roles they are passionate about which don't necessarily pay a ton.

Anonymous

Anonymous Tue 24 Nov 2020 02:21:18 No.12379625 Report

Quoted By:

>>12379476
80:20

Anonymous

Anonymous Tue 24 Nov 2020 02:23:45 No.12379634 Report

Quoted By:

>>12379429
man I wish Tesla could pin me down, fuck life is a bitch

Anonymous

Anonymous Tue 24 Nov 2020 02:28:53 No.12379651 Report

Quoted By:

>>12378928
It’s all oligarchy now.

Anonymous

Anonymous Tue 24 Nov 2020 02:30:02 No.12379657 Report

Quoted By: >>12379710

>>12379620
That's true, I vote for athlete.

Anonymous

Anonymous Tue 24 Nov 2020 02:39:18 No.12379692 Report

Quoted By:

>>12378928
Because why would I pay them more than they need to survive? It's not like the majority of the other capitalist needs to do so either.
Thankfully you can also get the smarties for cheap because they actually posses the capacity to see their shortcomings.
Getting born rich or getting lucky with your business is awesome but doesn't need that much INT.

Anonymous

Anonymous Tue 24 Nov 2020 02:43:58 No.12379710 Report

Quoted By: >>12379880

>>12379620
>>12379657
There are a lot of dumbfucks in business. I know a guy who inherited a chain of loan offices and liquor stores from his father and he pays himself more than 200k

literally probably below 70iq, barely knows what is going on and is drunk all day. good thing his dad hired decent managers

Anonymous

Anonymous Tue 24 Nov 2020 02:45:48 No.12379716 Report

Quoted By:

>>12378928
wealth is genetic; most wealthy people are born into it, and the ones who aren't are born via incredibly successful parents. elon musk's parents were a model and an electromechanical engineer with sailing and pilot experience.

Anonymous

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Anonymous Tue 24 Nov 2020 02:53:29 No.12379748 Report

Quoted By: >>12380022 >>12380057

>>12379207
based
t. sames

Anonymous

Anonymous Tue 24 Nov 2020 02:57:16 No.12379765 Report

Quoted By:

>>12378928
No point above 130 IQ, how could this be relevant to /sci/?

Anonymous

Anonymous Tue 24 Nov 2020 03:23:39 No.12379872 Report

Quoted By: >>12379894

there's an old saying rags to riches to rags in three generations, most wealth doesn't make it to the grandkids generation
if the privately owned Fed wasn't a parasitic printing press for certain elite families through Fiat money then there wold be even more wealth cycling.

Anonymous

Anonymous Tue 24 Nov 2020 03:24:56 No.12379880 Report

Quoted By:

>>12379710
wasn't there that australian mining heiress that was batshit crazy?

Anonymous

Anonymous Tue 24 Nov 2020 03:27:51 No.12379893 Report

Quoted By: >>12380041 >>12380215

>>12379596
Unless you run a hedge fund or sell your own company you won't get rich with STEM. If getting rich is your priority you should apply your intellect elsewhere.

Anonymous

Anonymous Tue 24 Nov 2020 03:27:56 No.12379894 Report

Quoted By:

>>12379872
https://voxeu.org/article/drivers-wealth-persistence-across-generations

Anonymous

Anonymous Tue 24 Nov 2020 03:36:17 No.12379933 Report

Quoted By: >>12379945

>>12378928
Read Taleb. IQ is a bad predictor of performance.
>Two people
>One is braindead, one is normal
>Have them perform a task graded 0-10 and an IQ test
>Braindead one gets a 0 on the task, 0 on IQ test
>Normal person scores some random number, let's say 8 on the task
>Gets a 100 on the IQ test
>Congrats, IQ correlates with task performance

Anonymous

Anonymous Tue 24 Nov 2020 03:38:38 No.12379945 Report

Quoted By: >>12379955

>>12379933
>Read
>Taleb
anon, why must you talk out of your arse?

Anonymous

Anonymous Tue 24 Nov 2020 03:41:07 No.12379955 Report

Quoted By:

>>12379945
N

Anonymous

Anonymous Tue 24 Nov 2020 03:59:25 No.12380022 Report

Quoted By:

>>12379748
>>12379207
Thanks for being so selfless and for not abandoning your kittys
I love you anons, you're both great people
I wish you strength and as good of a live as you can have

Anonymous

Anonymous Tue 24 Nov 2020 04:07:31 No.12380041 Report

Quoted By:

>>12379893
The Flappy Bird guy could have done pretty well for himself if he hadn't freaked out and removed the game. Then all the clones came in, making about ten cents each.

Anonymous

Anonymous Tue 24 Nov 2020 04:12:40 No.12380057 Report

Quoted By: >>12380263

>>12379748
/an/ would murder you in your sleep for this

Anonymous

Anonymous Tue 24 Nov 2020 04:29:19 No.12380103 Report

Quoted By: >>12380122

>>12378928
Not everyone wants to abuse the labor of people in sweatshops for materialistic purposes

Some of us just want to make the world a better place

Anonymous

Anonymous Tue 24 Nov 2020 04:36:03 No.12380117 Report

Quoted By:

>>12378928
Academia basically pays peoples peanuts for work and labour that in other markets would fetch a much higher salary elsewhere in the private and public sector.

Anonymous

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Anonymous Tue 24 Nov 2020 04:36:14 No.12380118 Report

Quoted By:

>>12378928
>if you're so smart, why aren't you rich?
You just know that society is not meritocratic when me, a high IQ intellectual, has to go through the same midwit institutions and get a wagie job instead of spending my time and brainpower on more important topics.

Anonymous

Anonymous Tue 24 Nov 2020 04:37:15 No.12380122 Report

Quoted By:

>>12380103
>Not everyone wants to abuse the labor of people in sweatshops for materialistic purposes
and there's ways to do that and make pretty penny along the way.

Anonymous

Anonymous Tue 24 Nov 2020 04:43:34 No.12380142 Report

Quoted By:

>>12378972
>This entire post is garbled but the sweet spot to immense wealth is patents or innovative technologies.
Or opening up/making a splash in developing markets.

Anonymous

Anonymous Tue 24 Nov 2020 04:55:00 No.12380171 Report

Quoted By: >>12380182 >>12380425

Imagine being muhrican and valuing money over passion, health, art/skill mastery, love, friendship, etc.

Anonymous

Anonymous Tue 24 Nov 2020 04:57:36 No.12380178 Report

Quoted By:

>>12378928
These numbers are really low.

Almost everyone I know has more $250k due to house and retirement fund alone

Anonymous

Anonymous Tue 24 Nov 2020 04:57:57 No.12380182 Report

Quoted By:

>>12380171
Unfortunately, passion, healthy, art/skill mastery, love, friendship, etc doesn't pay the bills.
Seriously, fuck capitalism and having to earn money and pay for shit.
If I starve to death I'll at least know its my fault because I was too lazy to go out hunting but dying of starvation in contemporary society is entirely due to factors outside of an individual's control.

Anonymous

Anonymous Tue 24 Nov 2020 05:12:52 No.12380215 Report

Quoted By:

>>12379893
Yup, it's easy to increase salary in the business world by jumping every 2.5 for a promotion plus raise.
STEM is great until you get promoted into a manager role same as the business guy. In general you can only climb so high and still be applying your STEM knowledge or whatever.

Anonymous

Anonymous Tue 24 Nov 2020 05:14:16 No.12380222 Report

Quoted By:

>>12378928
>Based rich 75 IQ
Must be the life desu, anything you can dream you can have

Anonymous

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Anonymous Tue 24 Nov 2020 05:29:10 No.12380263 Report

Quoted By:

>>12380057
it's a colony of feral-ish kots that I take care of with another catlady, they all get snibb snabbed and in return food and water provided is every day and ear rubs and chin scratchings for the ones that are brave enough to come up to me
two of them that i've been making frens with for a while come over to my house to eat more snaccs every evening and sometimes sleep in my room in the evenings when it's cold out, and if they want to move in further I will fully adopt them but they seem happy with current state of affairs for now

Anonymous

Anonymous Tue 24 Nov 2020 05:33:34 No.12380277 Report

Quoted By:

>>12378928
Because skills and products that are valuable are not necessarily the "smartest" or "highest IQ" skills and products. Also IQ DOES correlate to higher pay, but the difference is not THAT great unless we're talking about 55 vs 155 IQ scores here.

Anonymous

Anonymous Tue 24 Nov 2020 06:32:23 No.12380425 Report

Quoted By:

>>12380171
Money is not mutually exclusive of those other things. Especially since it makes attaining that stuff easier.

Anonymous

Anonymous Tue 24 Nov 2020 06:52:24 No.12380449 Report

Quoted By:

>>12379191
>Sean last
Racist psuedoscience pusher

Anonymous

Anonymous Tue 24 Nov 2020 07:02:40 No.12380467 Report

Quoted By:

>>12378928
>why aren't smart or high iq people not that much richer?
The scatter plot ends at 130. That's when the real fun starts!

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