The Weird Thing About Price's Law | Jordan B Peterson

If you're starting a business, the most difficult customer you'll ever get is the first one. And the second most difficult customer to get will be the second one. But once success starts, it multiplies exponentially.

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[ballkans]

Hope you're doing well Mr Peterson.

[farshadmn]

He is supposed to be a psychologist but he teaches economy, politics, general science, biology, statistics and etc. I wish he was my teacher through all my studies. Wish him all the health in the world

[ozymandias]

Listening to Jordan B. Peterson's presentations is an audio experience of the Pareto distribution in effective intellectual communication.
.... and the top 10% of his blogs...

[-l-]

this is titled like a Seinfeld routine and I love it “wHaT’s ThE dEaL wItH pRiCe’S lAw?” (bassline)

[ArthurDentJr]

This is one of the most intelligent people out there. Almost every lecture of his is an eyeopener. It would have been nice if we could see the graphs though.

[mikedl]

As your company grows, incompetence grows exponentially and competence grows linearly

[keithlauderjr]

Learned in retail that 10% of your customers take up 90% of your time. Worth losing. Get well Jordan! Price's law was fascinating and horrifying.😁

[erikeippel]

Carrying the light for future generations - preventing the dark ages again- thank God for Jordan Peterson.

[smokenspartaify]

Hello Jordan,
Hope you are doing better. We're praying for you and the Peterson family. Thank you for all you do. You've been a huge inspiration. I named my first child Senna Jordan, she's now 6 months old and almost ready to read, 12 steps to life. Lol. God bless.

[ulevrvx]

Ive seen anout a millions different you tube videos this one is the most impressive. Means most to me

[TallisKeeton]

I like how some lectures on YT serve as generators of good, educating talks between the commentators and give us the occassion to learn from each other. :) So Joe Horton, SuperRay and the others I thank you kindly for good talks :) Esp. the talks without trolling and cursing and hating and all this stuff :)

[ricpb]

Suffering also follows power law. Sometimes the most productive are the one who suffer the most. It's easy to want all the profits from the other and berring no consequences or suffering. The most productive are there for a reason, they accept trading what the others were not willing to do. They spend less time with their family, they spend less time sleeping, less time in leasure they work hard. Only politians can climb being the most parasite instead of productive. The democracy allows the really greedy and unethical to claim work of others, steal using taxation to steal from some to give to others. We don't need to fight the inevitable truth of life. We follow a power law distribution the more we produce the richer some will get. But more importantly, the more productivity they will be become.

[blackearthmt]

"Churn" is the key word. It seems there would be an optimal level of churn in an economy to provide opportunity. How do we measure churn and how do we affect it?

[ValeryLevchenkoTurin]

Dr. Peterson is an unbelievably brilliant lecturer! Those students who took his classes are extremely lucky and privileged :)
Please come back to us! The world is needing you!

[nickmagrick]

when math does a better job at explaining corruption than any legal expert

[kanchandrax]

Company : we have no vacancy
Me: I'm Jordan Peterson's student
Company : u r in
Me: it works!

[liquorpos]

What is the underlying mechanism at play?

Some have suggested that you can solve this problem by firing underperformers and hiring more "A-players.

If this is a function of how humans operate in large groups then some of the A players would cease being so. That would mean the only likely solution is to work in smaller groups. Supports the idea of "make one person responsible" (Zero to One).

[snorribjarnason]

I would say the statement "incompetance increases exponentially and competance increases linearly" Is somewhat of an inaquracy. Because It isn´t that incompetance increases it is that competance and the necessity or reinforcement of the few competant to solve all problems increases. The right way to look at it is that problems gravitate (just as mass gravitates towards a single point) toward problem solvers.

[SuperRayW]

For the record Peterson, in some of his previous lectures, mistakenly described Price's Law while consistently calling it a Pareto Distribution. As a consequence I still struggle with the correct term. Just a reminder that he is human, and fallible, and anything he says should still require citations, rather than just blind acceptance of his authority.

[itsallgood]

Price’s law: x9, 900 of the 10, 000 YouTube videos of Jordan Peterson are informative, dynamic, lectures. X100 are click bait, sensationalist topics. 50% of views are for click bait sensationalism 🙄. Price’s law strikes again!