Podcast

☠𝐓𝐡𝐞 𝐨𝐥𝐝 𝐞𝐜𝐨𝐧𝐨𝐦𝐲 (𝐫𝐞𝐥𝐲𝐢𝐧𝐠 𝐨𝐧 𝐟𝐨𝐫𝐦𝐚𝐥 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧) 𝐢𝐬 𝐚𝐥𝐦𝐨𝐬𝐭 𝐝𝐞𝐚𝐝, 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐭𝐡𝐞 𝐡𝐞𝐫𝐨 𝐠𝐢𝐯𝐢𝐧𝐠 𝐢𝐭 𝐢𝐭𝐬 𝐥𝐚𝐬𝐭 𝐬𝐭𝐚𝐛...⁣⁣

The new economy is slowly shifting towards becoming a skill-based marketplace - and this transition was inevitable from the beginning on.⁣⁣⁣

It's not only Elon Musk...⁣⁣⁣ Some of the biggest companies world wide like Google, Apple, and IBM no longer require a college degree...⁣⁣⁣

Google has teams in place with 15% of engineers not having any college education...⁣⁣⁣ And this may not seem like a lot right now, but these numbers are only increasing more and more.⁣⁣ Germany, where I live, and Europe in general face a HUGE problem with the centralization of education - almost all schools are public schools...⁣⁣⁣

And even the school system in North America, statistically having more "private schools and colleges", is not decentralized at all.⁣⁣⁣

Many people are caught up in the illusion of being "safe" with having a solid college education...⁣⁣

Even if they are not, The market does not care about your educational background, the market cares about your skills.⁣⁣ We are experiencing a global recession right now - and it's not the people with college education and diplomas that will strive...⁣⁣⁣ It's the people that have skills that are in demand.⁣⁣⁣

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