Off topic: Why do executives make more money than engineers?
Thread poster: Narasimhan Raghavan
Why executives make more money
Engineers and scientists will never make as much money as business executives.
Now, for the first time we have a rigid Mathematical proof that explains why this is true.
Postulate 1: Knowledge is power.
Postulate 2: Time is money.
Now, as every Engineer knows,
-------- = Power
Since Knowledge = Power, and Time = Money, we have
-------- = Knowledge
Solving for Money, we get:
------------ = Money
Thus, as Knowledge approaches zero, Money approaches infinity, regardless of the amount of work done.
Conclusion: The less you know, the more you make.
For this and more engineer-related knowledge, see:
| | #41698 (LSF)
Local time: 17:42
Japanese to English
| Grand Unified Theory || Apr 12, 2005 |
I like the symmetry to mathematical methodology but I think the theory need to be taken 1 step further to come up with the Theory of Everything.
No doubt you illustrated 'relativity' of the relationship but you didn't illustrate what makes people to take the 'quantum' leap to become engineers or executives.
I'm awaiting the equation that can lead this world to the Unified Theory of Everything.
| The Power of Knowledge || Apr 12, 2005 |
-------- = Knowledge
Thus, as Money approaches zero, Knowledge approaches infinity?
Local time: 11:42
Italian to English
| That's cute, but flaws in the theorem || Apr 12, 2005 |
That's cute but there are at least two flaws in the theorem.
First, while it is true that knowledge equals power, one must adjust the equation for the following axiom:
it's not always what you know, but whom you know.
Second, it is also true that knowledge in itself has value - in fact, it may even have absolute value in the philosophical realm - but since we are talking about executives, and so, one assumes, about the realm of business, knowledge becomes valuable only when the result of applying the knowledge produces surpluses in terms of goods and services, to the benefit at least one member of society.
Therefore, we must also factor in "responsibility" as a variable: taking on responsibility for ensuring that the application of knowledge produces surpluses also has some kind of indispensible value.
Therefore, you are affectionately invited to re-work your formulas, factoring in the "knowledge" variable adjusted for "whom you know" and the "responsibility" variable to capture its value as described above. No easy task, I realize.
By the way, it is also true that in not a few cases engineers do rise in organizations to become chief executive.
Sincerely and with thanks,
| || || |
| "It's not always what you know, but whom you know." || Apr 12, 2005 |
Quite true I am afraid. Some years back I read this anecdote in a German joke book. It was a true-sounding situation. Two candidates were being considered for a sensitive post in the Atomic Commission. One was Fritz and the other Kurt. The former was an engineer and the latter an administration expert. There was one page full of the pros and cons of each candidate. The readers were invited to make their judgement, answer the question as to who got the job and then to check the answer given in a designated page. The answer given was "Adenauer's nephew!"
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Why do executives make more money than engineers?
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