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by _red 1684 days ago
> As long as we ban IQ tests for employment employers are going to keep using this as the best practical proxy. I

Thats probably true to a degree, however I think the system will breakdown this decade. Given current inflation rates, anyone with an IQ >120 will soon see that the debt/benefit ratio is becoming unworkable.

The last 2 employees my company hired actually game via github - we were using an open-source repo that someone had made and eventually reached out and asked him if he wanted to consult for us and add some features to his code...that lead to an ongoing basic permanent consulting gig.

1 comments

Doesn't inflation mean that nominal debt is less painful to hold? ie I go $100k into debt for a degree, but 5 years down the line that $100k only has $50k buying power (in original year terms), so its easier to pay off?
Yes inflation does mean exactly that, but maybe OP meant interest rates (which I believe have been trending up of late).