this post was submitted on 30 Jun 2024
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[–] SwingingTheLamp@midwest.social 1 points 5 months ago

The point is to explain what people mean when they say that nobody becomes a billionaire by their own effort alone. It's impossible for one, single human to generate that much value. Notch just got incredibly lucky.

You have a good point about the difference in risk versus reward of entrepreneurship compared to a job. People often choose the job because the alternative is destitution. It's not a free choice. Rates of entrepreneurship are much higher in countries that have a robust social safety net. Places like the U.S. actually have a relatively low rate.