4 ms·

These drugs seem to rise with the stakes. It really used to not matter very much how you did in high school. Then it became necessary to get a college degree, m

These drugs seem to rise with the stakes. It really used to not matter very much how you did in high school. Then it became necessary to get a college degree, more competition for less slots. It's unfortunate. Makes me sad for my children. Thankfully we have the means where we don't have to double-down on their education in order to provide for ourselves later in life.

stinos 8y ago
Then it became necessary to get a college degree, more competition for less slots Doesn't this heavily depend on the sector/region/country? Just 'more competition for less slots' sounds overly general. But if it's actually happening I'd be interesting in finding out why? More people? Less slots due to economic causes? Likewise for the necessity of a degree. Why is that, is it the result of automation or so? Do you have numbers to back this up?
- eksemplar 8y ago
  In Denmark it’s virtually impossible to get a job without a degree. It doesn’t have to be a university degree for all jobs, but for a wide range it does. Programmers could get hired from the street with next to no education 25 years ago, today the need at least a bachelors for quite a lot of the jobs. There are less people but automation and digitization has removed a lot of jobs that where previously filled with unskilled labour, and we’re rapidly eating into even semi-skilled labour. Finance is a good example, you used to have economics and accountants with various secretary functions below them. Thanks to automation and digitization you only really need the economics today, well, and a robot process automation programmer - but that could easily be one of the economics. Accounts are still somewhat needed, though you only really need about a third compared to before you automated and you only really need them because it’s impossible to hire enough analytics to run your ML. You can apply this stuff to almost every sector too. Secretary functions are rapidly becoming completely unnecessary and so are junior positions. An analogy I usually use is the assembly line. If you peeled into a factory hall 150 years ago it was full of people, today it’s full of machines. If you look into an office 100 years ago, it was full of people using typewriters and filing forms, an office is still largely like that, but in 50 years it’ll be like the factory. My department works with digitization. Before the summer vacation we automated a filing process in which 35.000 forms were sorted and filed into different cases each month by 5 people, now automation does it all and we didn’t even need any business knowledge from those 5 people because they were really just following a todo list for each form.
ikeyany 8y ago
Accelerating wealth disparity will do that to a society.
- fzeroracer 8y ago
  Unfortunately yeah. When the stakes are so high for people to break out of systemic poverty, people will resort to whatever they can in order to get ahead and find success. This can range from cheating on school tests or hiring quizzes to actively taking drugs to improve mental performance at other risks to your body or mental well-being.

stinos 8y ago

Then it became necessary to get a college degree, more competition for less slots Doesn't this heavily depend on the sector/region/country? Just 'more competition for less slots' sounds overly general. But if it's actually happening I'd be interesting in finding out why? More people? Less slots due to economic causes? Likewise for the necessity of a degree. Why is that, is it the result of automation or so? Do you have numbers to back this up?

eksemplar 8y ago
In Denmark it’s virtually impossible to get a job without a degree. It doesn’t have to be a university degree for all jobs, but for a wide range it does. Programmers could get hired from the street with next to no education 25 years ago, today the need at least a bachelors for quite a lot of the jobs. There are less people but automation and digitization has removed a lot of jobs that where previously filled with unskilled labour, and we’re rapidly eating into even semi-skilled labour. Finance is a good example, you used to have economics and accountants with various secretary functions below them. Thanks to automation and digitization you only really need the economics today, well, and a robot process automation programmer - but that could easily be one of the economics. Accounts are still somewhat needed, though you only really need about a third compared to before you automated and you only really need them because it’s impossible to hire enough analytics to run your ML. You can apply this stuff to almost every sector too. Secretary functions are rapidly becoming completely unnecessary and so are junior positions. An analogy I usually use is the assembly line. If you peeled into a factory hall 150 years ago it was full of people, today it’s full of machines. If you look into an office 100 years ago, it was full of people using typewriters and filing forms, an office is still largely like that, but in 50 years it’ll be like the factory. My department works with digitization. Before the summer vacation we automated a filing process in which 35.000 forms were sorted and filed into different cases each month by 5 people, now automation does it all and we didn’t even need any business knowledge from those 5 people because they were really just following a todo list for each form.

ikeyany 8y ago

Accelerating wealth disparity will do that to a society.

fzeroracer 8y ago
Unfortunately yeah. When the stakes are so high for people to break out of systemic poverty, people will resort to whatever they can in order to get ahead and find success. This can range from cheating on school tests or hiring quizzes to actively taking drugs to improve mental performance at other risks to your body or mental well-being.