The truth about the literary world is that, while a lack of talent can impose a ceiling—no one gets book awards in fiction for being rich or famous if they can’t write at least as well as an above-average college grad—there is no level of talent that overcomes the lack of access, and it’s a kind of access you’re born into, to get a fair read from anyone who matters in the industry.
It’s all a scam and even most people who succeed spend more trying to fulfill the expectations of the published-novelist/public-intellectual role than they’ll ever get back from it in royalties or options or anything else. It’s an exhausting, dismal life in truth. The lifestyle costs of being someone who can get a $500,000 advance every two years run to… easily that rate.
If you actually want to write and have a decent life, you have three options:
1. Write genre and go back in time to the 1970s when getting a literary agent (as opposed to a schmagent who can’t get anyone to read anything) was possible.
2. Figure out the self-publishing game and get really, really good at it.
3. Take a job that has absolutely nothing to do with writing and accept that you’ll take three times as long to produce a book as a career author. Self-publish or work through university presses and don’t expect to be read by more than a few hundred people.
I don’t love Silicon Valley but if they had done something about publishing in the era of “disruption” I would have cheered it on.