The power of education, or lack of it …

http://techcrunch.com/2013/06/01/after-your-job-is-gone/

“Trouble is, our societies and economies are built around the assumption of mass employment, and we’ll need some pretty wrenching adjustments to that paradigm to deal with the changes to come.”

“Do you believe education will save you, and/or your children? Sorry. Not all of the well-educated will find good jobs; increasingly, some won’t find jobs at all. Meanwhile, the cost of higher education keeps climbing higher and higher. Peter Thiel is already arguing that “we’re in a bubble and it’s not the Internet. It’s higher education.” .. It’s possible that universities will start to seem almost like casinos: great for the winners, but you’d actually be better off not going at all than paying to go and failing to win.”