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#053 - Skin in the Game: Nassim Taleb (Incerto Series)
rational vc
Incentives for Career Choices
Incentives are crucial to deter young people from choosing careers in banking, consulting, academia, or other environments with minimal real-world contact. Taleb advises young people to seek real-world experiences. The absence of 'skin in the game' hinders learning and ethical decision-making, as individuals do not face consequences for their mistakes. In the real world, only reality can prove someone wrong; winning arguments is irrelevant, survival is what counts.
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