It's weird that the development of our educational system is being driven by what basically boils down to free market competition where UCs reject the value pro

It's weird that the development of our educational system is being driven by what basically boils down to free market competition where UCs reject the value proposition of those standardized tests and impact the market for educational testing services. It's also interesting to see, if you view this as the market becoming more efficient, it's interesting to see how long it took for any significant move towards efficiency to happen by rejecting standardized tests. I wonder if market skeptics are right and that these evaluations and decisions would have been made a lot faster and better with regulation and centralization, or if market advocates are right and this was the best/fastest way to have educational institutions realize the impact subpar admissions selection based on flawed tests has and course correct, which they might only do because UC is competing against other institutions (unlike universities in other countries), and which opens up the market for better evaluation methods that will, because of a profit motive, lead to new, less biased standardized evaluations being developed rapidly to increase equity and equality of opportunity in society.