I'd like to present a different perspective, abeit slightly radical.
I believe that there's a place for a time-efficient, minimal human approval, risk-reward system for a society in which jobs have been gatekept to ever-higher requirements and are even harder to sustain due to pressures of the people gatekeeping you out and around you once you've gotten in (ie. the bureaucracies of your co-workers and your boss's temper tantrums).
If you've ever talked to creative-passion professionals(ie. media-content, artists), clients don't really respect them and abuse their passion, plus the people around them put a lot of pressure on them. In addition, polishing their work takes up a lot of time. So it's highly probable that they would be stuck in this loop if they didn't do something.
You could say 'oh, they can upskill themselves' or whatever. However that carries significant risk and still binds the individual to people's approvals and their hidden/overboard requirements. All the while, time and mental health is being sapped from them. I knew a programmer in gamedev who pivoted to robotics. It was all math heavy stuff and consumed him and his mental health to the point of his relationships suffering.
Point is skills-pivoting is hard to execute, and gets riskier by the day (think ai and jobs). However, say there's a system that is easy to execute, but the rewards are variant. But if that individual is able to figure out a plan to generate positive expectancy, that's a great alternative to the system of 'get a job and another job and hope you tick the requirements'. It's like a business in which you fail until you don't.
Of course, the keyword is being able to turn whatever you're doing into *positive expectancy*. Like a business with a new offering/venture, everything new looks like a gamble because you don't know the information, the theories and the outcome. Do you want really want to kill off these new businesses?
I think what you're saying is that society would benefit from a kind of lottery system that made it easy for people to earn a sizable amount of money randomly, without any sort of gatekeeping?
I agree with the premise, however, in actuality gambling systems are almost all designed to just extract money from people. Not function as a wealth redistribution system.
it's not really lottery, that system has to involve growing a 'skill' such that one could possibly get 'good' and 'rewarded' at it, and that 'skill' doesn't need human approval, which will make it a true alternative to getting jobs. bonus points if one can scale it up.
Take daytrading for example, of the 99% who fail are they all gamblers or are they just tolerating enough failures until they get a positive expectancy?
> however, in actuality gambling systems are almost all designed to just extract money from people. Not function as a wealth redistribution system.
Yea what I'm talking about isn't exactly a gambling system which will try to screw you over the instant you get some momentum of out a positive expectancy system.
Maybe playing sports is the closest?
Doesn’t the House very effectively gatekeep sharps from the table?
yea what i'm talking about excludes the house banning people from playing their game.