Trends - Creative work → superstars
Dror Poleg
To view keyboard shortcuts, press question mark View keyboard shortcuts Thread See new Tweets Conversation Dror Poleg @drorpoleg Creative work is inherently unequal. This is very visible in the income distributions of singers and movie stars, but less visible in white-collar professions.
Why? Thanks to/because of the office. 1/7 8:53 AM · Feb 23, 2022 ·Twitter Web App 181 Retweets 85 Quote Tweets 945 Likes Tweet your reply Dror Poleg @drorpoleg · Feb 23 Replying to @drorpoleg Office-based companies only hire from a small local talent pool. In a small pool, employees face less competition & are less likely to encounter “outlier” competitors who are 50x better than them. (if NBA teams only hired locally, worse players would get to join the league) 2/7 Dror Poleg @drorpoleg · Feb 23 Employee evaluation in offices is biased towards input and presenteeism rather than output and impact. At the office, “showing up” counts for a lot, making it easy for low-performers (or whole layers of management) to survive. 3/7 Dror Poleg @drorpoleg · Feb 23 Offices also handicap the best performers, pulling them down with distractions and wasting their time with meetings and commutes. 3/7 Dror Poleg @drorpoleg · Feb 23 Office “culture” limits the spectrum of salaries and perks. When everyone is in the same place, it’s hard to pay one programmer 20 times more than the person sitting next to them, or less one person do a day’s work in one hour and then take a nap. 4/7 Dror Poleg @drorpoleg · Feb 23 Once companies discover the benefits of hiring from a larger pool, there’s no going back. To remain competitive, most companies will have to adopt some level of remote and flexible work. 5/7 drorpoleg.com The Office Prisoner’s Dilemma Dror Poleg @drorpoleg · Feb 23 And once more employees work remotely, the distribution of income in white-collar professions will increasingly resemble that of entertainment and athletes. 6/7 drorpoleg.com Rise of the 10X Class Dror Poleg @drorpoleg · Feb 23 In such a world, anyone who works remotely gets a chance to earn like a superstar. But they also lose access to stable, guaranteed income and the safety of being “average.” Are you ready? 7/END drorpoleg.com No Floor, No Ceiling