Becoming narrowly focussed on something not directly tangible, such as ‘impact’ can be a recipe for burnout. Especially if it draws you away from things you may otherwise find intrinsically rewarding and enjoyable, but that may have a smaller amount of direct utility. This can be seen in a somewhat similar light to the more commonly seen issue of people seeking to maximize their income, to the detriment of any sense of enjoyment or work-life balance. It is almost never sustainable, and inevitably leads down paths that may have otherwise been seen as undesirable.
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I believe it is important to consider the various aspects of a career choice, namely compensation, satisfaction, impact, purpose, social standing, in a more discrete fashion as a first step
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personally I wouldn't want to use the weighted sum approach. I'd prefer to mostly think more about thresholds and aim to 'satisfice' in most areas other than impact.
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This approach might also be worthwhile as much of what these other factors are aiming for is likely to be something like happiness, and satisficing is more likely to be conducive to happiness (https://psycnet.apa.org/record/2002-18731-012).
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