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Viliam comments on Open Thread, January 4-10, 2016 - Less Wrong Discussion

5 Post author: polymathwannabe 04 January 2016 01:06PM

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Comment author: Viliam 12 January 2016 08:46:29AM 0 points [-]

Money has more or less logarithmic utility. So selling homeopathics could still bring higher average utility (although less average money) than startups. For every successful Google there are thousands of homeopaths.

Comment author: ChristianKl 12 January 2016 11:48:40AM 0 points [-]

Money has more or less logarithmic utility.

That depends on your goals. If you want to create social or political impact with money it's not true. Large fortunes get largely made in tech, resources and finance.