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Cognitive elites are the MIT and Ivy+ grads that make up Jane Street like the speaker.

People like me aren’t getting $5m+ bonuses for being an SRE (I don’t have the pedigree to work at Anthropic either)

I think you put way too much stock into pedigree and what university people went to for undergrad.

There's not going to be many non-Ivy+ graduates at these companies. I make Jane Street/HRT/etc new grad pay 8 years into my career