Good point Arun. But I think that means more about exchange rates and currency values than the value of IQ.
No, no, no, no....NO.
Like capital, IQ inevitably flows to where the best returns can be made.
There is a market for IQ just like there is a market for H'wood actors, painters, bricklayers, plumbers and engineers.
The best knowledge workers will get paid the most, though market unbalances definitely exist. But these unbalances even out over time.
At the last CTIA in New Orleans I attended in I think '03, the QCOM booth was manned almost exclusively by Asians and Indians as well as other brown-skinned folks.
They were the tip of the iceberg, the vanguard.
But IQ is not the end-all, be-all. I remember a lot of my university mates who carried tremendous mental horsepower inside their skulls. They all made mincemeat out of me at chess, card games, Monopoly, and their grades were all much higher than mine. They were clearly smarter than me, and the pecking order was established to reflect this phenomenon.
Many if not all of them have not gone as far in life as I have, which I admit is not much on a global scale. Nonetheless, I have surpassed most of them on 'objective' scales such as income, etc.
Perhaps they used their IQs in the manner that most suited them, that made them most happy, and in that sense I should not gloat. When I do run into them, however, I sense a bit of resentment, a bit of bitternesss, a sense of "why you, you dummy?" |