In several fields, people at the top 1% of skill level earn many times those at top 10% and the mediocre ones may barely get by. This phenomenon is spreading because better technologies enable top performers to serve more people.
How would the average workers or even ‘semi-rads’ in generally less lucrative fields like arts or cooking save enough for their retirements if they settle for that skill level?
(See: the Superstar effect for the most extreme examples. https://en.m.wikipedia.org/wiki/The_Superstar_Effect)
How would the average workers or even ‘semi-rads’ in generally less lucrative fields like arts or cooking save enough for their retirements if they settle for that skill level?