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RE: Memeconomics: How To Feed a Bear

in #economics7 years ago

Picking up on yr college section (not sure a value is strictly a meme though?)

'getting a college education today is following a meme. With the current rate, eventually everyone will have a degree (or even higher degree of some sort) which will render the power of degrees down to null'

In Britain, on current trends (roughly) a degree will be worthless by 2045

graduate-earnings-2015.png

Given the general societal acceleration trend, probably a lot sooner than that!

Any youngsters out there need to start thinking outside the box for sure...

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It will probably be well before then.
Colleges are shooting themselves in the foot. Snowflakes, SJWs, safe spaces...
Soon they will not be taken seriously.

At the same time, online education, or self education from thouTube is taking off.
Almost every course you would choose to take is now online, by the best teachers, at your discretion.

Further, colleges educated people are untrained to do any work.
What did they spend 4 years going to college for?, the hiring person wants to know.

Already programming companies are trying to hire potential computer programmers out of high school before they get to college. So that they can teach them correctly, and not have to untrain them from the ivory tower perfect classes crap.

So, colleges are losing big time, from all sides.

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