2min chapter

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How to Get Rich: Every Episode

Naval

CHAPTER

How to Achieve Specific Knowledge

Technology is, by definition, the intellectual frontier. It's taking things that we have not yet figured out how to mass produce and commercialize it. For example, if i become an world class expert in machine learning just when machine learning has started to take off, I'm going to do really well. But 20 years from now, machine learning may be second had. There are also timeless forms of specific knowledge. If youare good at persuading people, it's probably a scale that you picked up early on in life. And then there are time le specific knowledge skils, which come and go,. Even those tend to have fairly long shelf lives of decade or two decades or three decades

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