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That's what meritocracy tells us. But I think we're actually quite bad at objectively measuring aptitude, which I would say is what we really want. Capability is a today thing, aptitude is capability plus potential.

We use apparent "merit" as a proxy for aptitude, and that leads to a rich get richer effect, because merit, at the time of evaluation, is often inflated by overinvestment. It's a self-fulfilling prophecy. In other words, I think there are a huge number of false negatives in our meritocracy games.

As a hiring manager, I've taken advantage of this for years. I look for proxies for potential, rather than present capability. That allows me to acquire underpriced, overlooked talent.



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