Hacker News new | ask | show | jobs
by bjornsing 1446 days ago
> This is a bad example; the Putnam is designed as a competition and scored in a way to distinguish the 90th percentile from the 99th, not the 40th from the 50th. The median = 0 just means that the scoring system throws away everything below the median to better score everything above it.

Another example of such a competition is the global innovation economy. If you’re in the 50th percentile of GPU companies then you’re not nVidia, and economically speaking you can just go home.

I understand it sounds harsh, and it is. But it’s the truth.