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Wonder Cabinet

Skill vs Luck (update)

Wonder Cabinet

Wonder Cabinet Productions

Society & Culture, Wonder, Philosophy, Ttbook, Knowledge, Interview

4.81K Ratings

🗓️ 14 May 2017

⏱️ 52 minutes

🧾️ Download transcript

Summary

What's more important -- skill or luck? And how do you get more of each? Gambling with 100% Skill; Is there an Equation for Success?; Choreographer Bill T. Jones on the Randomness of Musician John Cage; Poker Legend Annie Duke on Luck; BookMark: Julie Schumacher recommends Saramago's "Elephant's Journey"; Calculus of Love - John and Julie Gottman.

Transcript

Click on a timestamp to play from that location

0:00.0

Support for WPR comes from St. Luke's Burthing Center, providing expectant mom's low intervention options with labor tubs, remote telemetry, and nitrous oxide.

0:10.4

More information is at slh Duluth.com slash baby.

0:18.6

It's to the best of our knowledge from PRI. I'm Anne Strain Champs. Today, skill versus luck.

0:25.5

We're up on night to get lucky. We're up on night to get lucky. In the late 90s, poker exploded, because suddenly you could play it online. You could gamble on poker anywhere, anytime, for real money.

0:39.5

And forget about going to Vegas. There were people making a living, playing online poker

0:43.8

at home in their pajamas. But then came... Black Friday.

0:52.4

April 15, 2011, the day the federal government shut down the top three

0:58.7

online poker gambling sites. They froze accounts, indicted executives, sent some of them to jail.

1:06.2

And all those people who were making a living playing poker had to find something else to do.

1:12.7

But here's the thing.

1:14.1

Remember I said we're talking about skill versus luck?

1:17.2

Well, the law that shut down internet gambling.

1:19.7

It's called the unlawful internet gambling enforcement act.

1:23.3

That law has a loophole.

1:24.9

It turns out it's not all internet gambling that's against the law.

1:29.6

It's wagering on games that are subject to chance.

1:33.3

And game designer, actually gaming legend, Jason Rohrer, took this loophole as a challenge.

1:39.3

I looked at the law and I read all the text of it.

1:41.3

I was like, oh, so what if we could make a game that is not

1:44.4

subject to chance that people would still feel like, hey, this is a game I might actually gamble

1:49.7

on, right? Sort of threading through the loophole in the law perfectly at the same time making a game

1:54.8

that was a compelling gambling game. Okay, so what did you come up with? So I realized that,

...

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