The knowledge economy is a myth. We don’t need more universities to feed it

[bripat9643]

I agree. the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

The knowledge economy is a myth. We don’t need more universities to feed it | Andre Spicer​

Governments around the world believe that to remain competitive in a global economy they must become smarter. In an attempt to boost its knowledge intensiveness, the UK government has just launched a plan to overhaul the university sector. It aims to transform universities by creating many more of them. The hope is that this will increase the number of people with degrees, and the UK will be a more competitive economy.

The idea of the knowledge economy is appealing. The only problem is it is largely a myth. Developed western economies such as the UK and the US are not brimming with jobs that require degree-level qualifications. For every job as a skilled computer programmer, there are three jobs flipping burgers. The fastest-growing jobs are low-skilled repetitive ones in the service sector. One-third of the US labour market is made up of three types of work: office and administrative support, sales and food preparation.

The majority of jobs being created today do not require degree-level qualifications. In the US in 2010, 20% of jobs required a bachelor’s degree, 43% required a high-school education, and 26% did not even require that. Meanwhile, 40% of young people study for degrees. This means over half the people gaining degrees today will find themselves working in jobs that don’t require one.

This bleak picture could get worse. There has been a decline in demand for knowledge-intensive workers requiring a degree since 2000. Over 47% of existing jobs are under threat of being automated. The occupations most likely to be automated out of existence are knowledge-intensive ones such as auditor, insurance underwriter and credit analyst. Those least at risk of automation are hands-on jobs such as masseuse and fire fighter.​

 

[theDoctorisIn]

The "knowledge economy" isn't about filling jobs, it's about driving innovation.

 

[C_Clayton_Jones]

I agree. the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

The knowledge economy is a myth. We don’t need more universities to feed it | Andre Spicer​

Governments around the world believe that to remain competitive in a global economy they must become smarter. In an attempt to boost its knowledge intensiveness, the UK government has just launched a plan to overhaul the university sector. It aims to transform universities by creating many more of them. The hope is that this will increase the number of people with degrees, and the UK will be a more competitive economy.

The idea of the knowledge economy is appealing. The only problem is it is largely a myth. Developed western economies such as the UK and the US are not brimming with jobs that require degree-level qualifications. For every job as a skilled computer programmer, there are three jobs flipping burgers. The fastest-growing jobs are low-skilled repetitive ones in the service sector. One-third of the US labour market is made up of three types of work: office and administrative support, sales and food preparation.

The majority of jobs being created today do not require degree-level qualifications. In the US in 2010, 20% of jobs required a bachelor’s degree, 43% required a high-school education, and 26% did not even require that. Meanwhile, 40% of young people study for degrees. This means over half the people gaining degrees today will find themselves working in jobs that don’t require one.

This bleak picture could get worse. There has been a decline in demand for knowledge-intensive workers requiring a degree since 2000. Over 47% of existing jobs are under threat of being automated. The occupations most likely to be automated out of existence are knowledge-intensive ones such as auditor, insurance underwriter and credit analyst. Those least at risk of automation are hands-on jobs such as masseuse and fire fighter.​

Conservatives hostile to knowledge and learning – what a surprise.

 

[Dragonlady]

Education isn't primarily about learning a trade, it's learning to analyze data, obtain information to make sound, informed decisions.

 

[bripat9643]

The "knowledge economy" isn't about filling jobs, it's about driving innovation.

How does a degree in Women's Studies drive innovation?

 

[theDoctorisIn]

The "knowledge economy" isn't about filling jobs, it's about driving innovation.

How does a degree in Women's Studies drive innovation?

It doesn't, at least not directly. But Liberals Arts degrees (which include "Women's studies") account for only 2% of bachelor's degrees granted in this country.

 

[emilynghiem]

I agree. the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

The knowledge economy is a myth. We don’t need more universities to feed it | Andre Spicer​

Governments around the world believe that to remain competitive in a global economy they must become smarter. In an attempt to boost its knowledge intensiveness, the UK government has just launched a plan to overhaul the university sector. It aims to transform universities by creating many more of them. The hope is that this will increase the number of people with degrees, and the UK will be a more competitive economy.

The idea of the knowledge economy is appealing. The only problem is it is largely a myth. Developed western economies such as the UK and the US are not brimming with jobs that require degree-level qualifications. For every job as a skilled computer programmer, there are three jobs flipping burgers. The fastest-growing jobs are low-skilled repetitive ones in the service sector. One-third of the US labour market is made up of three types of work: office and administrative support, sales and food preparation.

The majority of jobs being created today do not require degree-level qualifications. In the US in 2010, 20% of jobs required a bachelor’s degree, 43% required a high-school education, and 26% did not even require that. Meanwhile, 40% of young people study for degrees. This means over half the people gaining degrees today will find themselves working in jobs that don’t require one.

This bleak picture could get worse. There has been a decline in demand for knowledge-intensive workers requiring a degree since 2000. Over 47% of existing jobs are under threat of being automated. The occupations most likely to be automated out of existence are knowledge-intensive ones such as auditor, insurance underwriter and credit analyst. Those least at risk of automation are hands-on jobs such as masseuse and fire fighter.​

Let's teach Constitutional laws, process and ethical standards of govt:
ethics-commission.net
Why have law schools teach more people to run the monopoly on laws, state rules and judges?

Why not model a Reformation movement after the Lutherans who broke free from
Church authority acting as the middle man between people and law, where
people became liberated by learning to govern themselves directly under the laws.

Some Libertarians and Constitutionalists have been teaching this for generations about states rights and
rights of the people.
Then the Tea Party made it popular to preach the Declaration and Constitution, Bill of Rights, etc.

Why not set up schools and mediation/grievance programs that actually teach and practice these
policies instead of handing authority over personal issues and conflicts over to govt and courts to decide for the people.
How is that different from waiting on Priests or the Pope to issue interpretations and rules?

If we're facing 40% tax rate going to govt, and only retaining 3/5 of our income and labor,
isn't that back to the days of slaves being 3/5 free?

Why not teach conflict resolution and liberation, not more enslavement to govt as a third party to hand over authority to.
We could be teaching legal and business education, how to manage programs directly and invest money there,
deducted from taxes, in order to reward individual citizens and owners for taking back responsibility instead of
handing it or hiring it out to govt in ways that abuse or waste resources.

 

[BluesLegend]

The Democratic party has corrupted universities, they slave out students to ungodly amounts of student loan debt, those student loans guaranteed by the government, the recipients of that money the universities kick part of the money back to Democrats to get re-elected.

 

[TemplarKormac]

I agree. the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

The knowledge economy is a myth. We don’t need more universities to feed it | Andre Spicer​

Governments around the world believe that to remain competitive in a global economy they must become smarter. In an attempt to boost its knowledge intensiveness, the UK government has just launched a plan to overhaul the university sector. It aims to transform universities by creating many more of them. The hope is that this will increase the number of people with degrees, and the UK will be a more competitive economy.

The idea of the knowledge economy is appealing. The only problem is it is largely a myth. Developed western economies such as the UK and the US are not brimming with jobs that require degree-level qualifications. For every job as a skilled computer programmer, there are three jobs flipping burgers. The fastest-growing jobs are low-skilled repetitive ones in the service sector. One-third of the US labour market is made up of three types of work: office and administrative support, sales and food preparation.

The majority of jobs being created today do not require degree-level qualifications. In the US in 2010, 20% of jobs required a bachelor’s degree, 43% required a high-school education, and 26% did not even require that. Meanwhile, 40% of young people study for degrees. This means over half the people gaining degrees today will find themselves working in jobs that don’t require one.

This bleak picture could get worse. There has been a decline in demand for knowledge-intensive workers requiring a degree since 2000. Over 47% of existing jobs are under threat of being automated. The occupations most likely to be automated out of existence are knowledge-intensive ones such as auditor, insurance underwriter and credit analyst. Those least at risk of automation are hands-on jobs such as masseuse and fire fighter.​

Curious...

If we were to treat the accumulation of knowledge as an "economy" wouldn't it be more advantageous to have more of it? To contribute more knowledge to the pool? While I don't know if there's such a thing as a "knowledge economy" I do know that knowledge drives innovation. We'll always need more of it.

 

[emilynghiem]

The Democratic party has corrupted universities, they slave out students to ungodly amounts of student loan debt, those student loans guaranteed by the government, the recipients of that money the universities kick part of the money back to Democrats to get re-elected.

So BluesLegend let's set up a law school system to STUDY cases of conflicts and damages,
assess the debts to the taxpayers and charged to which wrongdoers,
and credit back the full amount charging the wrongdoers the interest and legal fees.
How many jobs for legal internships could be paid for on commission by
going after corruption and collecting back on behalf of taxpayers defrauded by crooks?

How much education could be paid for with money made unlawfully, if it were paid back even by credits.

If it is unethical but not illegal, maybe these amounts could be required to lend to scholarship and educational funds, but if it is found against laws, then it should be mandatory payback reimbursing taxpayers and investing in wherever those dollars were intended to go.

If the wrongdoers don't have the funds to pay back what they owe,
let other citizens and investors have the option to BUY those debts from them
and either charge the wrongdoers interest or claim shares in property and programs
as collateral. Why not hold the actual wrongdoers responsible for costs of their abuses instead of taxpayers?

 

[Remodeling Maidiac]

The "knowledge economy" isn't about filling jobs, it's about driving innovation.

How does a degree in Women's Studies drive innovation?

It doesn't, at least not directly. But Liberals Arts degrees (which include "Women's studies") account for only 2% of bachelor's degrees granted in this country.

Those classes account for 2% of the degrees but what % of the debt incurred & resources wasted? And i don't mean that in a negative way but i think our 4 year colleges need to be retooled for the modern age.

 

[Siete]

I agree. the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

The knowledge economy is a myth. We don’t need more universities to feed it | Andre Spicer​

Governments around the world believe that to remain competitive in a global economy they must become smarter. In an attempt to boost its knowledge intensiveness, the UK government has just launched a plan to overhaul the university sector. It aims to transform universities by creating many more of them. The hope is that this will increase the number of people with degrees, and the UK will be a more competitive economy.

The idea of the knowledge economy is appealing. The only problem is it is largely a myth. Developed western economies such as the UK and the US are not brimming with jobs that require degree-level qualifications. For every job as a skilled computer programmer, there are three jobs flipping burgers. The fastest-growing jobs are low-skilled repetitive ones in the service sector. One-third of the US labour market is made up of three types of work: office and administrative support, sales and food preparation.

The majority of jobs being created today do not require degree-level qualifications. In the US in 2010, 20% of jobs required a bachelor’s degree, 43% required a high-school education, and 26% did not even require that. Meanwhile, 40% of young people study for degrees. This means over half the people gaining degrees today will find themselves working in jobs that don’t require one.

This bleak picture could get worse. There has been a decline in demand for knowledge-intensive workers requiring a degree since 2000. Over 47% of existing jobs are under threat of being automated. The occupations most likely to be automated out of existence are knowledge-intensive ones such as auditor, insurance underwriter and credit analyst. Those least at risk of automation are hands-on jobs such as masseuse and fire fighter.​

the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

"we don't have enough -- we have too many

read that to yourself real s-l-o-w and try to figure out why you're a complete idiot.

todays world no degree, no job .. major be danmed.

 

[CremeBrulee]

This means over half the people gaining degrees today will find themselves working in jobs that don’t require one.

They will still meet the prerequisite.

 

[theDoctorisIn]

The "knowledge economy" isn't about filling jobs, it's about driving innovation.

How does a degree in Women's Studies drive innovation?

It doesn't, at least not directly. But Liberals Arts degrees (which include "Women's studies") account for only 2% of bachelor's degrees granted in this country.

Those classes account for 2% of the degrees but what % of the debt incurred & resources wasted? And i don't mean that in a negative way but i think our 4 year colleges need to be retooled for the modern age.

I would say they probably account for less of the loan total than you'd expect. Every "women's studies" or comparable major I've ever met has been a rich kid, whose parents paid for the tuition at Hampshire or Bard in cash, and walked out with no loans at all.

I agree that there's a lot that needs to be retooled, though.

 

[hazlnut]

I agree. the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

The knowledge economy is a myth. We don’t need more universities to feed it | Andre Spicer​

Governments around the world believe that to remain competitive in a global economy they must become smarter. In an attempt to boost its knowledge intensiveness, the UK government has just launched a plan to overhaul the university sector. It aims to transform universities by creating many more of them. The hope is that this will increase the number of people with degrees, and the UK will be a more competitive economy.

The idea of the knowledge economy is appealing. The only problem is it is largely a myth. Developed western economies such as the UK and the US are not brimming with jobs that require degree-level qualifications. For every job as a skilled computer programmer, there are three jobs flipping burgers. The fastest-growing jobs are low-skilled repetitive ones in the service sector. One-third of the US labour market is made up of three types of work: office and administrative support, sales and food preparation.

The majority of jobs being created today do not require degree-level qualifications. In the US in 2010, 20% of jobs required a bachelor’s degree, 43% required a high-school education, and 26% did not even require that. Meanwhile, 40% of young people study for degrees. This means over half the people gaining degrees today will find themselves working in jobs that don’t require one.

This bleak picture could get worse. There has been a decline in demand for knowledge-intensive workers requiring a degree since 2000. Over 47% of existing jobs are under threat of being automated. The occupations most likely to be automated out of existence are knowledge-intensive ones such as auditor, insurance underwriter and credit analyst. Those least at risk of automation are hands-on jobs such as masseuse and fire fighter.​

Books are like kryptonite to brifat9643.

Big Words and math scare him.

 

[bripat9643]

I agree. the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

The knowledge economy is a myth. We don’t need more universities to feed it | Andre Spicer​

Governments around the world believe that to remain competitive in a global economy they must become smarter. In an attempt to boost its knowledge intensiveness, the UK government has just launched a plan to overhaul the university sector. It aims to transform universities by creating many more of them. The hope is that this will increase the number of people with degrees, and the UK will be a more competitive economy.

The idea of the knowledge economy is appealing. The only problem is it is largely a myth. Developed western economies such as the UK and the US are not brimming with jobs that require degree-level qualifications. For every job as a skilled computer programmer, there are three jobs flipping burgers. The fastest-growing jobs are low-skilled repetitive ones in the service sector. One-third of the US labour market is made up of three types of work: office and administrative support, sales and food preparation.

The majority of jobs being created today do not require degree-level qualifications. In the US in 2010, 20% of jobs required a bachelor’s degree, 43% required a high-school education, and 26% did not even require that. Meanwhile, 40% of young people study for degrees. This means over half the people gaining degrees today will find themselves working in jobs that don’t require one.

This bleak picture could get worse. There has been a decline in demand for knowledge-intensive workers requiring a degree since 2000. Over 47% of existing jobs are under threat of being automated. The occupations most likely to be automated out of existence are knowledge-intensive ones such as auditor, insurance underwriter and credit analyst. Those least at risk of automation are hands-on jobs such as masseuse and fire fighter.​

the problem with this country isn't that we don't have enough people with college diplomas. If anything, we have too many.

"we don't have enough -- we have too many

read that to yourself real s-l-o-w and try to figure out why you're a complete idiot.

todays world no degree, no job .. major be danmed.

Right. That's why we have millions of millennials with college diplomas and no job living in their parent's basement and owing $250,000 in student loans,

Read that to yourself real s-l-o-w and try to figure out why you're a complete idiot. There's no bigger idiot than an arrogant idiot.

 

[BluesLegend]

The Democratic party has corrupted universities, they slave out students to ungodly amounts of student loan debt, those student loans guaranteed by the government, the recipients of that money the universities kick part of the money back to Democrats to get re-elected.

So BluesLegend let's set up a law school system to STUDY cases of conflicts and damages,
assess the debts to the taxpayers and charged to which wrongdoers,
and credit back the full amount charging the wrongdoers the interest and legal fees.
How many jobs for legal internships could be paid for on commission by
going after corruption and collecting back on behalf of taxpayers defrauded by crooks?

How much education could be paid for with money made unlawfully, if it were paid back even by credits.

If it is unethical but not illegal, maybe these amounts could be required to lend to scholarship and educational funds, but if it is found against laws, then it should be mandatory payback reimbursing taxpayers and investing in wherever those dollars were intended to go.

If the wrongdoers don't have the funds to pay back what they owe,
let other citizens and investors have the option to BUY those debts from them
and either charge the wrongdoers interest or claim shares in property and programs
as collateral. Why not hold the actual wrongdoers responsible for costs of their abuses instead of taxpayers?

As I approach 55 years of age I have come to the very sad realization that the USA has become as corrupt as any country in history. In spite of the founders best efforts politicians and people of corrupt character have found ways around our constitutional protections and laws. To the point that they just ignore the laws. $20 trillion dollars in debt, really the richest nation on earth, the richest nation in earths history and we are $20 trillion in debt and adding ungodly amounts of more debt each day. And look what we have to show for it, nothing really. That is a measure of the corruption.

 

[JakeStarkey]

I knew that bripat had flunked out of school, but apparently the entitled millennial that he is is still bitter about it.

 

[Siete]

The Democratic party has corrupted universities, they slave out students to ungodly amounts of student loan debt, those student loans guaranteed by the government, the recipients of that money the universities kick part of the money back to Democrats to get re-elected.

So BluesLegend let's set up a law school system to STUDY cases of conflicts and damages,
assess the debts to the taxpayers and charged to which wrongdoers,
and credit back the full amount charging the wrongdoers the interest and legal fees.
How many jobs for legal internships could be paid for on commission by
going after corruption and collecting back on behalf of taxpayers defrauded by crooks?

How much education could be paid for with money made unlawfully, if it were paid back even by credits.

If it is unethical but not illegal, maybe these amounts could be required to lend to scholarship and educational funds, but if it is found against laws, then it should be mandatory payback reimbursing taxpayers and investing in wherever those dollars were intended to go.

If the wrongdoers don't have the funds to pay back what they owe,
let other citizens and investors have the option to BUY those debts from them
and either charge the wrongdoers interest or claim shares in property and programs
as collateral. Why not hold the actual wrongdoers responsible for costs of their abuses instead of taxpayers?

As I approach 55 years of age I have come to the very sad realization that the USA has become as corrupt as any country in history. In spite of the founders best efforts politicians and people of corrupt character have found ways around our constitutional protections and laws. To the point that they just ignore the laws. $20 trillion dollars in debt, really the richest nation on earth, the richest nation in earths history and we are $20 trillion in debt and adding ungodly amounts of more debt each day. And look what we have to show for it, nothing really. That is a measure of the corruption.

to what extreme has debt to the tune of 20 trillion dollars effected you ... be specific

 

[ogibillm]

this thread screams someone trying to justify their lack of education