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> tech people could easily have gone to med school.

Some, but mostly not. The non-tech professions that offer high pay (medicine, law, banking) all have very different barriers to entry than tech. There are a lot of folks who made a ton of money in tech who didn't have the 4.0 + ridiculous extracurriculars to get into med school, or the Ivy-league background to get into a bank. I think those barriers make those professions less meritocratic than tech, don't get me wrong, but they are what they are.




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