thiccy on X: "the jackpot age " / X
To view keyboard shortcuts, press question mark View keyboard shortcuts Messages Article Reply See new posts Conversation thiccy @thiccyth0t the jackpot age 206 610 3.2K 590K This essay is about shifts in risk taking towards the worship of jackpots and its broader societal implications. There is some light math but it will be worth it to read to the end. Imagine you are presented with this coin flip game. How many times do you flip it? At first glance the game feels like a money printer. The coin flip has positive expected value of twenty percent of your net worth per flip so you should flip the coin infinitely and eventually accumulate all of the wealth in the world. However, If we simulate twenty-five thousand people flipping this coin a thousand times, virtually all of them end up with approximately 0 dollars. The reason almost all outcomes go to zero is because of the multiplicative property of this repeated coin flip. Even though the expected value aka the arithmetic mean of the
thiccy @thiccyth0t the jackpot age 8:44 PM · Jul 11, 2025 1M Views 263 0 2 6 3 651 0 6 5 1 4.7K 0 4 . 7 K 4.1K 0 4 . 1 K Read 263 replies
Explore this link on the map →related reading
- the jackpot age — LessWronglesswrong.com
- The Monks in the Casino - Derek Thompsonderekthompson.org
- Life is a Picture, But You Live in a Pixel — Wait But Whywaitbutwhy.com
- I'm 38. If You're in Your 20's or 30's, Read This.timdenning.substack.com
- Invisibility starts at 25rahulramchandani.com
- Publishing your work increases your luck · GitHubgithub.com
- Coolest Things I Learned in 2020 - David Perellperell.com
- sysls on X: "https://t.co/FQe5bCBqW1" / Xx.com
- Post 33: Seek Upside Risk - Neel Nandaneelnanda.io
- 十年sheracaolity.ghost.io
- EY | Substacksubstack.com
- x-risk-themed — LessWronglesswrong.com