A: Seems to me, soon, universities will just go away because the rate of change is increasing which forces more effectiveness with translates to being more direct: peer 2 peer. What’s the structure of this? As Søren noted in Will MOOCs kill advanced degrees and credentials? YES!! It’s TAXONOMIES!!! The reason fractals are effective is because they have structured relationships. It’s what creates context which creates meaning, which creates value.
When real communication systems are correctly set up, including conflict resolution, it will be so powerful it can solve open ended problems. (Genetic algorithms already solve closed problems like the “ideal propeller design for a tugboat in cold saline water.”) Increasing competition engenders better asset allocation, which requires better communication systems, in order to create value in an expanding number of classifications. What is miss valued in a category won’t be for long due to arbitration, which will happen well before a person can take a semester class on it.
In other words, when we all are correctly connected, just “working” on our specific near term problem will actually solve problems we did not even know we were solving because some things will fit in a better classification that we likely knew nothing about because there are too many to know!
Even though we were ignorant, things can still work out. This serendipity is due to emergence, which seems to be due to a “enough” connections.
Story: A very successful manufacturing company (no debt, near zero employee turnover) president decided to hire 3-4 MIT grads since they are the “smartest people in the room”, and they passed professional all day psychological evaluations ($$$$). His wife, who is a self taught graphologist (study of handwriting), looked at their handwriting for a few minutes and said, “only hire them if they have solitary jobs because they lack people skills.”
Short story: total failure, for the exact reasons the non credentialed wife indicated at almost zero cost.
I have a 14 year old kid (and a masters.). I mostly care that the school does not squish her spirit, and that she refines her innate people skills. Some critical thinking skills would be a bonus, but I’m not sure that’s compatible with a teen’s need to be part of a group!
Math, etc., is trivial to acquire. And most math, etc., is taught backwards anyway. Kids should learn about rates of change way before linear ideas!
Everything is going peer 2 peer. So as an employer, I don’t care what your degree is. I simply want to hire you to get along with people and get the job done with minimal risk. If you have a good reputation and already done XYZ, and I’m asking for XYZ +/1 15%, I can hire you with little risk.
15-25 year olds, their energy, and creativity are hugely miss-valued and underutilized partly because there is no system in place to make win-win transactions with them a commodity. NOT them a commodity, the transaction. Imagine that same system available to the billions of people who, as a commodity, are only “worth” a pittance per day? A safe system where you don’t have to get “educated” to be able to add value, you can get educated AS you add value. Instead of one system fits all, you go at your own pace in your own direction. Since your ability to add value is decoupled from other’s permission, no one can “hold you back”, “disenfranchise” you, etc.
Porter Stansberry, James Altucher, and many others, say don’t send your kid to college. Give them the $20,000 to start a business. They will likely fail, but learn a lot, and can try again with the 2nd year of tuition.
I LOVE this story! How 4 Mexican ESL immigrant high school kids and their $800 robot beat MIT’s $11,000 robot MIT had six ocean-engineering students, four mechanical engineers, and two computer science majors. The immigrants, who lived in sheds, placed 3rd in the robot underwater tasks, and won the: judge’s special achievement award, design award, technical writing award, and overall winner.