"College is expensive, and a growing number of skeptics have questioned its value proposition. Palantir CEO Alex Karp has said it doesn't really matter where his employees went to college, and Apple CEO Tim Cook has said a four-year degree isn't even required to work at the company. The rise of AI has only added to doubts of a degree's value."
"He paints a troubling picture for the future of white-collar US jobs, saying as AI advances, high-skilled work is more likely to be offshored. "If AI makes these jobs easier, you will see more activities shifting towards places where labor is cheaper, whether that's India or the Philippines," Frey told Fortune. "I think that's going to put a lot of pressure on people's wages doing knowledge work.""
"Despite his estimation, Frey says earning a college degree is still worthwhile, as it imparts three core skills in which humans hold a competitive edge over AI: complex social interactions, creativity, and navigating complex environments. Complex social interactions AI has made leaps in communication advancements during the past decade. Despite that, Frey says those improvements actually make human-to-human interaction more valuable."
College tuition is costly and skepticism about the value of a four-year degree has grown, especially as some major tech companies no longer require a degree or care where employees attended college. Advances in AI raise questions about degree value but also enable offshoring of high-skilled knowledge work to lower-cost countries, increasing wage pressure on knowledge workers. A college education continues to provide advantages in complex social interactions, creative problem solving, and navigating ambiguous environments, areas where humans currently outperform AI. Communication and emotional intelligence skills are becoming more valuable while routine math skills decline in importance.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]