I don't want to vote up a valleywag article, out of principle, but I like the term "luckocracy". As pointed out in The Black Swan, skill and hard work do not account for multiple order of magnitude differences like those seen in our industry. They may of course be necessary ingredients to take advantage of what luck brings your way.
The vicious tone of articles like this makes me wonder - is it because journalists never do/create anything, it's easy for them to comment about people who try out stuff. Thank God, I recognized this trait in myself and now catch myself often.
