Comment by scottyah
1 day ago
ah, money is not a fixed resource. It is a made up system to track how much value people/groups are adding to the world. "share of all the money in the world" is a frequently quoted bad mental model, typically from people trying to bring others down
OpenAI, Google, and friends now hand out $10-20 M packages to a few hundred ML specialists worldwide, not because those engineers add more "value units" but because their skill set is brutally scarce.
Money is elastic, but relative slices still matter when the pie is made of houses, GPUs, and your grocery bill. Calling "share of all the money" a bad mental model is like saying gravity is a bad mental model because planes fly: True in the abstract, irrelevant when you hit the ground.