Growth Mindset

Survivorship bias often gets discussed as a cautionary tale. For example, someone might point out a person’s or company’s success, and another will retort with, “But that’s just survivorship bias!” What’s rarely discussed is how to internalize survivorship bias in an actionable way. If you know that most success stories (whether in business, investing, dating, or even the actual lottery) are primarily the result of luck rather than skill, how can you use this information to your advantage?

I was reading Hacker News comments and someone was complaining about how they weren’t able to find a job in computers anymore due to ageism in tech. Reading this, something occurred to me which I thought was worth writing about, which is the idea of malleability. First of all, I agree that ageism in tech is a thing and it’s a problem for experienced people trying to find a new job. In a capitalist society you want to hire the cheapest employees who can “get the job done”, and experience is often grossly under weighted. My hypothesis for why it occurs has to do with the fact that some people perceive more experienced technologists as more expensive and less malleable.