Error comments on Things I Wish They'd Taught Me When I Was Younger: Why Money Is Awesome - Less Wrong

32 Post author: ChrisHallquist 16 January 2014 07:27AM

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Comment author: Error 17 January 2014 08:03:57PM 0 points [-]

That assumes a random distribution of potential programmers. Isn't IQ highly correlated with both familial wealth and programming ability? I doubt anyone's compared the programmer-nature with wealth directly, but if the two are also highly correlated, that 1% could mostly already have access to the training they need. Offering to 10x more would just get you (slightly less than) 10x more bad programmers.