[…] also moan a lot about not making as much money as salespeople, because they haven’t worked out that a working product is nice, but a selling product is […]
power = work / time is where this cartoon went wrong. firstly, power =/= distance. looking past that, ‘work over time’ should not be expressed literally, but as work * time, resulting in a significantly less comical conclusion that knowledge multiplies earnings power. but nice try. better off sticking to proving girls are evil.
This equation does not describe the amount someone will make, but rather the amount of work someone can do with a given amount of money. If Knowledge = Work / Money (eqn 1), this means that a smart individual (Knowledge) can do more of the things he/she wishes in his/her life (Work), with less Money than a dumb person could. This leads us to the conclusion that a smart/knowledgeable person is more efficient than a less smart one. If we are to assume that smart&dumb people are given the same upbringing and presented with the same opportunities, eqn 1 tells us that, on average, the smarter person will be more successful, which in this world means that he/she will make more money (on average again) than the dumber one.
So this equation doesn’t tell us that ‘the less you know, the more you’ll make’; it tells us the opposite.
“people who aren’t engineers and scientists easily make more money”. No. Few people in any field make lots of money.
Salary, like everything else in the world, is determined by supply & demand. You’re pretending not to understand that for the point of some bitter humor, but c’mon. Stop being disingenuous.
In my opinion there is a problem with your theorem, and that is that knowledge = power.
Knowledge by it’s self does not equal power, only when knowledge is combined with action does it have any power. Conversly action with out knowledge has no power.
IMHO.
Still thought it was humorous though.
I don’t know if you really meant something by this, but it implies that the less you know the more you make. That homeless guy down the street is probably a genius…
And postulate 1 is false. Knowledge is not power. Money is power. The world’s knowledgeable scientists can’t convince the world to be green, but throw in Leonardo DiCaprio and they make progress.
hi great info keep up the good work here is something that put to work in what I do from day to day! There are several ways to market your network marketing business. Some of the most frequently chosen methods to market online are through online forums, blogging and article writing. Often, the reason why people choose network marketing is because finances are limited.
.-= samuel mowe´s last blog ..Join the best money making club on the planet! =-.
This made me laugh.
From what I’m reading in the comments, I guess a lot of the commenters should be very rich…
.-= Yaisog Bonegnasher´s last blog ..Vienniese subways =-.
Power = Work / Time is a reference to the physical quantity power, which is the rate at which work is performed (hence: work/time, or work per time). This is the same “power” that you hear about when talking about cars (horespower) or lightbulbs (watts). Its inclusion here is sort of a nerdy inside joke that those who have studied science would get. See http://en.wikipedia.org/wiki/Power_(physics).
An easy and interesting way to think about power is the origin of the term “horsepower”. In order to figure out how good their steam engines were compared to horses, engineers needed to quantify the power horses could put out. So, looking at horses working in coal mines, they measured how high a horse could lift a given load of coal (height x weight = work) and measured the time it took. Dividing work/time gave power, and by establishing standard values for the height, weight, and time they arrived at a standardized power for a horse; horsepower.
Clearly they are mixing definitions of “power” here, since the “power” in the saying “Knowledge is power” is more like power in the political sense.
@asd
if you don’t know what money is, or what it is used for (a trusted means of exchange),what is it then? Money definitely has something to do with knowledge or at the very least imagination.
Ridiculous.
The reason why businessmen, politicians, salesmen, actors etc. so “easily” earn money lies within our perception, not their abilities. In short it’s like a lottery – there are so many businessmen etc. trying to earn money that by the laws of probability it is reasonable to expect that some will succeed big time. It’s in human nature to notice the best and forget all those who failed.
Also, scientists are not so into earning money in the first place. If they were then I am sure that they would have more or less the same percentage of success. Except perhaps mathematicians. I believe they would have above average success. If I remember correctly, some of the best investors of all times were two mathematicians. I don’t remember their names.
People who are very smart and have knowledge and experience in many fields (well rounded and diversified) will always earn less money than someone who has specialized and knows only about one thing.
@liz: time is money, even for a bum. Say you’re a bum and your job is to collect cans. It takes time to collect those cans, and by doing that you’re turning that time into money. Their time is just worth a LOT less than other peoples’ time.
And still no one has noticed the typo in the last slide: “Those of you who have had >>difficulity<< following this presentation must make a Lot of Money !" Sheesh…
There was the joke about the guy who made a lot of money went back to his high school reunion.
His friends asked him how he became so rich. He explained that he bought some products in China for $2.00 and sold them for $5.00
His friends were amazed that he was able to accumulate such a large fortune so easily. He explained further, “Yes, it’s amazing how much you can make off just 3 percent!”
December 24th, 2009 at 9:19 pm
[…] also moan a lot about not making as much money as salespeople, because they haven’t worked out that a working product is nice, but a selling product is […]
December 24th, 2009 at 9:55 pm
It should be. The less you know, the more money is worth…
December 24th, 2009 at 10:08 pm
power = work / time is where this cartoon went wrong. firstly, power =/= distance. looking past that, ‘work over time’ should not be expressed literally, but as work * time, resulting in a significantly less comical conclusion that knowledge multiplies earnings power. but nice try. better off sticking to proving girls are evil.
December 24th, 2009 at 10:27 pm
Brilliant. There is definitely some truth to this. Are managers promoted to their level of incompetence?
Thanks for the laugh.
.-= Brent Danley´s last blog ..Be Good For Goodness’ Sake! =-.
December 24th, 2009 at 10:45 pm
Haha!! So true!! Unfortunately there is no money in research.
Mark
December 24th, 2009 at 10:45 pm
It’s more like this: The more money you earn the company, the more money you earn.
December 24th, 2009 at 10:46 pm
Thanks for this theorem. Now, I know why I haven’t made much money from my 9 – 5 salary!!
That’s why I started blogging.
http://www.squidoo.com/people-i-follow-on-twitter
.-= victoriousm´s last blog ..PTC Sites =-.
December 24th, 2009 at 10:59 pm
This equation does not describe the amount someone will make, but rather the amount of work someone can do with a given amount of money. If Knowledge = Work / Money (eqn 1), this means that a smart individual (Knowledge) can do more of the things he/she wishes in his/her life (Work), with less Money than a dumb person could. This leads us to the conclusion that a smart/knowledgeable person is more efficient than a less smart one. If we are to assume that smart&dumb people are given the same upbringing and presented with the same opportunities, eqn 1 tells us that, on average, the smarter person will be more successful, which in this world means that he/she will make more money (on average again) than the dumber one.
So this equation doesn’t tell us that ‘the less you know, the more you’ll make’; it tells us the opposite.
December 24th, 2009 at 11:51 pm
[…] […]
December 25th, 2009 at 5:05 am
Funny, but total crap.
“people who aren’t engineers and scientists easily make more money”. No. Few people in any field make lots of money.
Salary, like everything else in the world, is determined by supply & demand. You’re pretending not to understand that for the point of some bitter humor, but c’mon. Stop being disingenuous.
December 25th, 2009 at 5:32 am
In my opinion there is a problem with your theorem, and that is that knowledge = power.
Knowledge by it’s self does not equal power, only when knowledge is combined with action does it have any power. Conversly action with out knowledge has no power.
IMHO.
Still thought it was humorous though.
December 25th, 2009 at 6:37 am
And the reason you have no money is because you spent your time figuring this out and then making it.
December 25th, 2009 at 10:45 am
That’s was ridiculously intrigued. Maybe true.
.-= Một Trăm Độ – Kết nối Cộng đồng blog Việt´s last blog ..Khoảnh khắc các Bộ trưởng =-.
December 25th, 2009 at 11:28 am
ok except for one fatal flaw.
Who said that Power = Work / Time
December 25th, 2009 at 1:23 pm
wow man taht was awesome
December 25th, 2009 at 3:08 pm
I don’t know if you really meant something by this, but it implies that the less you know the more you make. That homeless guy down the street is probably a genius…
And postulate 1 is false. Knowledge is not power. Money is power. The world’s knowledgeable scientists can’t convince the world to be green, but throw in Leonardo DiCaprio and they make progress.
December 25th, 2009 at 3:52 pm
money does not have anything to do with money so that equation is wrong
December 25th, 2009 at 3:53 pm
knoledge does not have anithing to do with money so that equation is wrong.
December 25th, 2009 at 5:42 pm
Power=Work/time but why did you say that?
lol…
This theorem may be right in some cases, some companies or countries. 😀
.-= Pavel´s last blog ..2007 Microsoft Office Add-in: Lưu file theo định dạng PDF hay XPS =-.
December 25th, 2009 at 11:23 pm
hi great info keep up the good work here is something that put to work in what I do from day to day! There are several ways to market your network marketing business. Some of the most frequently chosen methods to market online are through online forums, blogging and article writing. Often, the reason why people choose network marketing is because finances are limited.
.-= samuel mowe´s last blog ..Join the best money making club on the planet! =-.
December 26th, 2009 at 4:13 am
Why are multiple people saying Power is not equal to Work/Time? Ever taken high school physics? Lol.
http://en.wikipedia.org/wiki/Power_(physics)
But very funny.
December 26th, 2009 at 7:34 am
This made me laugh.
From what I’m reading in the comments, I guess a lot of the commenters should be very rich…
.-= Yaisog Bonegnasher´s last blog ..Vienniese subways =-.
December 26th, 2009 at 10:18 am
[…] who know more make less money. Therefore, if you know nothing, you should be fabulously wealthy! Link -via […]
December 26th, 2009 at 10:35 am
postulate #2 is wrong. time does not equate to money. bums have all the time in the world; are they filthy rich?
December 26th, 2009 at 1:14 pm
[…] The Less You Know, The More Money You'll Make | Fortune Watch By in Economics, Investing, News, Other – Business & […]
December 26th, 2009 at 6:25 pm
@Pavel, @Ben, @disagree,
Power = Work / Time is a reference to the physical quantity power, which is the rate at which work is performed (hence: work/time, or work per time). This is the same “power” that you hear about when talking about cars (horespower) or lightbulbs (watts). Its inclusion here is sort of a nerdy inside joke that those who have studied science would get. See http://en.wikipedia.org/wiki/Power_(physics).
An easy and interesting way to think about power is the origin of the term “horsepower”. In order to figure out how good their steam engines were compared to horses, engineers needed to quantify the power horses could put out. So, looking at horses working in coal mines, they measured how high a horse could lift a given load of coal (height x weight = work) and measured the time it took. Dividing work/time gave power, and by establishing standard values for the height, weight, and time they arrived at a standardized power for a horse; horsepower.
Clearly they are mixing definitions of “power” here, since the “power” in the saying “Knowledge is power” is more like power in the political sense.
Funny nevertheless 🙂
December 26th, 2009 at 8:45 pm
[…] The Less You Know, The More Money You'll Make | Fortune Watch […]
December 26th, 2009 at 9:19 pm
power=work/time is the equation for finding mechanical power
December 26th, 2009 at 9:41 pm
[…] Demonstrația AICI […]
December 27th, 2009 at 12:52 am
@asd
if you don’t know what money is, or what it is used for (a trusted means of exchange),what is it then? Money definitely has something to do with knowledge or at the very least imagination.
December 27th, 2009 at 12:56 am
[…] El teorema del salario (Humor) http://www.fortunewatch.com/the-less-you-know-the-more-money-youll-… por Malastre hace pocos segundos […]
December 27th, 2009 at 3:34 am
Priceless!
December 27th, 2009 at 4:10 am
This is not true because I don’t get it and I don’t have any money…
December 27th, 2009 at 6:03 am
Ridiculous.
The reason why businessmen, politicians, salesmen, actors etc. so “easily” earn money lies within our perception, not their abilities. In short it’s like a lottery – there are so many businessmen etc. trying to earn money that by the laws of probability it is reasonable to expect that some will succeed big time. It’s in human nature to notice the best and forget all those who failed.
Also, scientists are not so into earning money in the first place. If they were then I am sure that they would have more or less the same percentage of success. Except perhaps mathematicians. I believe they would have above average success. If I remember correctly, some of the best investors of all times were two mathematicians. I don’t remember their names.
December 27th, 2009 at 10:33 am
I don’t get why people have to correct the theorem or the equation.
It’s supposed to be a joke… Nuff’ said.
December 27th, 2009 at 10:34 am
I don’t get why people have to correct the theorem or the equation.
It’s supposed to be a joke… Nuff’ said.
December 27th, 2009 at 12:31 pm
Many years ago I wrote a theory similar to this:
People who are very smart and have knowledge and experience in many fields (well rounded and diversified) will always earn less money than someone who has specialized and knows only about one thing.
December 27th, 2009 at 4:50 pm
Of course, what a great site and informative posts, I will add backlink – bookmark this site? Regards, Reader.
December 27th, 2009 at 11:37 pm
[…] the less you know the more you earn. duh. […]
December 28th, 2009 at 12:17 am
Brilliant!
In my thinking, I add, and change the formula for myself, and insert somewhere:
“one’s connections” + “one’s willingess to kowtow”
December 28th, 2009 at 1:29 am
that explains it all !!
December 28th, 2009 at 4:54 am
@liz: time is money, even for a bum. Say you’re a bum and your job is to collect cans. It takes time to collect those cans, and by doing that you’re turning that time into money. Their time is just worth a LOT less than other peoples’ time.
December 28th, 2009 at 5:03 am
Maybe I should have been an NHL hockey player instead of scientist.
December 28th, 2009 at 7:55 am
It’s interesting to find how challenging the content side is for some
December 28th, 2009 at 8:34 am
And still no one has noticed the typo in the last slide: “Those of you who have had >>difficulity<< following this presentation must make a Lot of Money !" Sheesh…
December 28th, 2009 at 12:55 pm
The reason is as follows;
political thinking is based on lies enuendo deception illusion and camoflage, which is of no help in science
creative thinking is based on truth, wisdom, honesty, common sense and clarity, which is of no help in advertisment
money follow advertisment.
they who achieve have little time for propagandizing and they who have time to propagandize have little time left for achievment.
its a delema
December 28th, 2009 at 10:05 pm
This is why the nerds will soon abolish money by creating a post scarcity world!
December 31st, 2009 at 12:18 pm
I love it.
The causality still needs to be proven, but … I love it.
Happy 2010.
Yours
John
December 31st, 2009 at 6:23 pm
That explains a lot.
There was the joke about the guy who made a lot of money went back to his high school reunion.
His friends asked him how he became so rich. He explained that he bought some products in China for $2.00 and sold them for $5.00
His friends were amazed that he was able to accumulate such a large fortune so easily. He explained further, “Yes, it’s amazing how much you can make off just 3 percent!”
January 1st, 2010 at 4:10 am
[…] The Less You Know, The More Money You'll Make | Fortune Watch […]