What’s going to be very important in 5 years’ time that we’re not thinking enough about now?
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This implies a massive increase in information costs without a replacement. Are you betting on this resulting from macro-level decrease in info costs or a replacement credential that's similarly info-dense + higher signal?
What nobody wants to say: everything captured in a typical college degree could also be captured by an IQ test + the evidenced willingness to sit down and copy the Bible, word for word, by hand, over 4 years. The ability to credential *actual skills* has amassed a GIANT pot.
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1/2 While I agree with your last sentence, I think there's more signal in a college degree. For a (relatively) small group of effective autodidacts, there's low or no value. But forced-ish exposure to new ideas builds useful frameworks for a lot of people.
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2/2 I think the key insight is that universities are too expensive and inefficient as a mechanism to deliver that value. But they're well-understood (lower info costs), so more efficient methods still have a lot of work ahead of them to create a widely-understood credential.
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