Is poker worth it?
Posted On June 2, 2019
It’s not worth learning poker.
Poker is a negative sum game. At the table more is lost than won. This provides harmful lessons for anyone who wants to develop in the business world. Today’s best companies offer win-win scenarios and highly competitive market thinking.
Poker is a game of scarcity. Money is tight, good games are short and robots will soon beat all but the very best players. These players will make a steadily worse income if they can stand the variance. Games want to become more diversified because robots are not emotionally affected by the variance.
Today’s business world is rich. Computing power is cheap. It’s easy to raise money. Individuals have a leverage that keeps pace with Moore’s Law. Many jobs want to become even funnier and more creative in the future.
Learn a few ways in which poker is a harbinger of the future and a seemingly rewarding form of training. Employees of the future expand their workflow with domain-specific heads-up displays, as used by poker players. Effective poker players, therefore, run simulation projects and build probability-based frameworks that view the world as a tree of potential futures rather than a linear path.
Today, every worker can apply the skills of the professional poker player from around 2005. Chrome Extensions, Slack Customizations, and IFTT provide countless ways to progressively improve performance. But outside Wall Street, there does not seem to be a technician comparable to the poker player’s practice of performing simulations and putting together Markov models.
These probability cards are useful for her in her later career. Each startup wants to weigh a CEO who maps the decision points upside down and make the multiplication for the differences.
Poker and Wall Street can be used as a tool to create maps. But it still does not pay to learn the game.
The opportunity costs associated with spending a lot of time on poker are immensely wasteful.
Poker promotes the strategic reworking and glorification of boredom that we have known for a century. This way, poker mostly teaches tactics, not strategy. Poker players are leaving the game, finding that much of their zero-sum strategy is badly transferable to the business world.
If you want to learn to play, consider Dominion, Magic or Pandemic. These games contain lessons that are more valuable outside the table. If you want to know more about Markov Models, you can go to Wall Street.
There is no reason to play poker.