This is interesting to me though. Didn't most people (at least in developed countries) take tests in school? Get grades? I would think if you did below average on those you kind of....should know that you're in the bottom half?
I get that it's possible to make changes after schooling, and grades are only somewhat reliable (in that they also rely on effort) but still.
I believe we already do this to some extent. There are government funded grants for all kinds of things. I guess you just want more of that? I think you have to be careful, because that starts to look like the government picking a lot of winners and losers in private industry. Ripe for misallocation of resources.
The final summary of the article you linked:
"Using 105,950 observations from 32 different studies we find that CVC investments are performance enhancing, for both corporations and start-ups. Our results detect that time, country, and industry moderate the effects. Especially after the Dotcom bubble burst, high performance is detected. Similarly, the performance in the U.S. outreaches the performance of other countries. Due to the high risk of successfully developing a pharmaceutical drug, no statistically significant effect of CVC investments in the health care industry is observed. As expected, strategic performance outperforms financial impacts. Although there is good rationale for a clear strategic focus, the finding that CVC investment does not lead to stronger financial performance is surprising and urges practitioners to rethink their CVC objectives and approach"
Disregarding the fact that this is only looking at CVCs and not traditional VCs, I don't think this really supports your argument that it is a dice roll at best. Seems to me like it is broadly beneficial with some caveats.
I don't have a good business idea, not everyone has to. That's not even what we're talking about.
VC is clearly not "a joke". All you have to do is Google "major companies that took VC funding" to see the impact of it. Of course this leaves out the thousands of others that failed, but long term the winners are going to have a very positive impact on driving innovation.
You may say "those companies would have succeeded anyway" and maybe so, but I doubt it would have happened nearly as fast, if at all.
Maybe some well off black people wouldn't use the word, but it certainly would not be acceptable for any white person to use it in any context. Even if they grew up in "the hood" it would, at the very least, be frowned upon for them to say it. In many places it would earn them an immediate beat down.
Okay but this isn't what happens. When using services like instacart they will batch only maybe two or three orders in a car. Unless there are other services that I'm not aware of that will batch more?
I don't think grocery translates well to mass delivery because it increases rates of spoilage and damaged produce.
A delivery huh? I wonder by what mode if transport that would be delivered....
Yes I think it's very possible that if you were to graph a population's Intelligence using a some empirical score, then it has a high probability to NOT look exactly like a normal distribution.
For example, let's say that there was some score called "intelligence score" that scores people's intelligence from 0-100. Do you think that if you were to graph a given population's "intelligence score" that it would be EXACTLY centered around 50 in a Normal distribution? I think that's unlikely. It's more likely that there would be local maximums or minimums, or various skews in the graph. There could be a small peak at score 75, or a trough at 85. There could be all sorts of distributions.
And guess what? Given this hypothetical distribution, you could STILL draw lines somewhere on the graph showing quartiles. Those lines might not be at 25-50-75. They might not even be the same distance apart from each other. But you CAN draw them somewhere to split the scores. Just because a graph "has quartiles" does not mean it will always look like the OP.
Spendrill is not misunderstanding the OP. He's just saying that if intelligence could be measured by a better metric, then distribution of that metric among the population would not look as smooth as the one in the OP.
See I don't buy into this. To me, this is getting into seriously conspiracy theory stuff. I don't think that there is some grand plan to keep people stupid so that they don't cause trouble.
I think the system just fails at educating students well due to a variety of factors.