4 ms·
"...they’re... going to destroy far more more wealth for their contemporaries than they create for themselves..." This is the trend, use less and less resource
by startupfounder 15y ago
"...they’re... going to destroy far more more wealth for their contemporaries than they create for themselves..."
This is the trend, use less and less resources (approaching zero) to make society more and more efficient. I see both sides of this coin.
The first is that industries need disruption and resources need to be used as effectively as possible. This will help solve the many problems caused by resource constraint.
The second is that by disrupting the way current industries are run jobs are also destroyed. Craigslist disrupts classifieds and hundreds of news papers go out of business. We all rejoice, but there is a gap that is occurring that is troubling. What happens to the people who loose their jobs?
There is a gap between people loosing their job and jumping on the new train that is accelerating. Where does this bring us in 10, 20, 50 years and how do we bridge this gap?
The answer is (re)education, but where and how? 50% of students drop out of high school!
Education needs to be disrupted if we ever want to close this gap, the consequences if we don't are massive and will corrode any progress that is made.
- idoh 15y agoIt's too bad that no one is trying to disrupt education (except for Khan Academy, Coursera, Udemy, Lumosity, Knewton, Skillshare, CourseHorse, Inkling, Edufire ...)
- robryan 15y agoI think it's more the status in society of formal education over alternatives rather than education itself that needs to be disrupted. People will still pay for more for the same education if it comes with a piece of paper from a recognised and well regarded institution.
- firefoxman1 15y agoWe can only hope that the college bubble will be popped. Otherwise it may take several generations before this elitist attitude toward formal education is out of our systems.
- tnorthcutt 15y agos/loose/lose s/loosing/losing
- lifeisstillgood 15y agoActually we might not bridge the gap (http://m.techcrunch.com/2011/08/21/software-is-eating-all-the-jobs-too/ http://m.techcrunch.com/2011/08/21/software-is-eating-all-th...) The Luddites were right - technology does destroy jobs. The hope is that new technology creates new jobs fast enough to replenish it is just a hope.
- ryanwaggoner 15y ago50% of students drop out of high school! I don't think this is anywhere close to true on a national basis in the US. Do you have a source for that? The Dept. of Ed seems to indicate that it declined from 14% in 1980 down to 8% in 2009: http://nces.ed.gov/fastfacts/display.asp?id=16 http://nces.ed.gov/fastfacts/display.asp?id=16
- firefoxman1 15y agoYeah, do you think he meant college? I don't know what the rate is for college, but high school certainly isn't 50%.
- startupfounder 15y agoRyan, You are correct. The graduation numbers are 74.7% nationally, but in DC it is as low as 56%! (http://news.yahoo.com/blogs/lookout/high-school-graduation-rates-states-lag-behind-152514652.html http://news.yahoo.com/blogs/lookout/high-school-graduation-r...)