The 80/20 rule (or Pareto Principle (https://en.wikipedia.org/wiki/Pareto_principle)) is a phenomenon originally noted by economist Vilfredo Pareto when he found that 80% of the land in Italy was owned by %20 of the population. This concept, that there is a power law distribution (Power Law) common in natural orders, can be abstracted to many other contexts.
In general though, it's practically used to remember to put most of your focus on the parts of a system that are most important.
#toolong
## Timestamp Notes [4:35] The best jobs aren't being advertised on job boards. Potentially 80% of jobs aren't ever advertised. "Shadow Market" jobs. ...
The process of learning from lectures is one that's messy ([[202003232032 Inefficiency is where we learn best]]). It needs to go from a structured lec...
The Power Law is a phenomenon discussed in statistics, found across many domains. It's represented by a graph with an extremely tall head, and a reall...