The salient point is that certain class of people are likelier take risks because failing will not leave their children hungry. Obviously, poor people can also take risks, but the ones that fail do not get to try again and you do not hear about them again.
Bezos is a ridiculous example to use anyway, as he obviously made bank working in finance before he took risks on Amazon such that he was never risking being homeless.
Just the simple fact that your parents own a home where you are welcome to live can be enough for you to be able to take risks. And Zuckerberg and Gates and others were not middle class, they were at least upper middle and I would bet their parents (dentists and prominent lawyers) were already above 90th percentile in wealth.
I love when people tell me examples of extremely poor people taking risks and hitting it big, and at the same time lament how people irresponsibly have children and debt they could not handle. Celebrate them when the gamble pays off, but shit on them when it does not.
> I love when people tell me examples of extremely poor people taking risks and hitting it big, and at the same time lament how people irresponsibly have children and debt they could not handle. Celebrate them when the gamble pays off, but shit on them when it does not.
How often does this happen? Who says those two things simultaneously?
Maybe not simultaneously, but I grew up in an immigrant family where everyone’s parents had farmland and houses in the original country. Almost all the families and cousins are pretty successful business/real estate owners/operators, who champion themselves, while ignoring the fact that they all had houses and farmland to go back to in their original country in case they failed.
But many, especially the older generations, also like to complain about people not striking it out on their own as a causal factor for why they remain poor.
It is a popular trope in culture too. It makes people feel good about themselves if they can forget about the shoulders they stood on, and for those who do not have shoulders to stand on, it gives them hope.
> people tell me examples of extremely poor people taking risks and hitting it big, and at the same time lament how people irresponsibly have children and debt they could not handle
Is having children a risk that could mean one hits it big? And it's definitely also possible (if not normal) for debt to come from lifestyle overspending rather than risking things to make it big. I just don't see the logical connection, although I can see there's an emotional one there.
Has it gone up? Cheap hardware and comms, free tutorials everywhere and a thirst for more tech talent can't hurt.
If you think it was easier when you had to study at or work for a wealthy university, and also everything had to be done painstaking by punched card instead of today's instant feedback on a free, beautiful tutorial website, then I'm not sure what to tell you.
