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ChristianKl comments on Open Thread April 11 - April 17, 2016 - Less Wrong Discussion

3 Post author: Clarity 10 April 2016 09:01PM

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Comment author: Lumifer 17 April 2016 09:19:53PM 0 points [-]

Not so good for quality of life.

That looks to be a popular meme which is not true in reality.

Of course, there is the usual question of "compared to what?"

Comment author: ChristianKl 19 April 2016 03:51:13PM *  0 points [-]

I don't think I myself have strong data about the issue. Do you have any empiric data?

Comment author: Lumifer 19 April 2016 06:24:20PM *  0 points [-]

Anecdata in the form of observations that people working in finance don't seem to lead horrible lives.

Of course there is selection bias present: there are certain narrow career tracks in finance which require high-motivation full-effort workaholic overachievers. People self-select into these career tracks so it's no wonder that they work a lot of hours and don't spend much time sitting on the couch in front of a TV. I wouldn't call their quality of life "low", though, because they chose to do it and because there are side benefits like being able to fly to the Caribbean for a weekend if they feel like it.

Plus finance is a large industry. If you start as a teller and grow to be, say, a bank branch manager, your worklife will probably be quite placid and uneventful.