Peter Lohmann notes that his smartest friends aren't his richest ones. The wealthiest tend to be moderately intelligent but willing to take risks, work hard, and build relationships. As the world changes faster, adaptability may matter more than raw brainpower.
I've never really noticed that like the super, super smartest of my friends are the ones who are making the most money. To their annoyance, I think it's usually the people who are like maybe like a standard deviation above average, but not like 3 or 4 standard deviations above average intelligence. And I do wonder how AI will change that, if at all. I mean, people who are hardworking, fun to be around, and get other people tend to do really well. And I don't know that that's gonna change much with AI. What do you think?
Historically, if you're an entrepreneur willing to take risk, like you're gonna have an outsized chance of rewards, but also outside chance of going bankrupt and, and having other issues. So I agree with you wholeheartedly about that. You know, with respect to things like engineering, which we both did, being intelligent and you could solve problems effectively is one of the things that gave you the ability for promotions, gave you the ability for all of those type of things. And that doesn't matter anymore. It's really about how well you can adapt to this changing world. I think that's going to be one of the major deciders of who is able to succeed and fail.
