CEOs Now Warn that Getting A Degree is a Waste Of Time
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- čas přidán 7. 06. 2024
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Elon Musk interview at the SATELLITE Conference & Exhibition • Elon Musk, Founder & C...
Peter Thiel interview with Eric Metaxas for Socrates in the City • Peter Thiel: Zero to One
Thumbnail source:
Elon Musk photo: The Royal Society, CC BY-SA 3.0 creativecommons.org/licenses/... via Wikimedia Commons
Peter Thiel photo: Dan Taylor, CC BY 2.0 creativecommons.org/licenses/... via Wikimedia Commons
Tim Cook photo: Austin Community College, CC BY 2.0 creativecommons.org/licenses/... via Wikimedia Commons
Sources:
2:22 Source: College Board, Annual Survey of Colleges; NCES, IPEDS Fall Enrollment data.
See page 12: research.collegeboard.org/pdf...
2:30 Source: College Board, Annual Survey of Colleges; NCES, IPEDS Fall 2020 Enrollment data and IPEDS 2020 Institutional Characteristics data
See page 10: research.collegeboard.org/pdf...
2:36 The Atlantic www.theatlantic.com/education...
2:03 OECD survey released in 2019, based on U.S. data from 2017 www.youtube.com/watch?v=Cot_Y... Technology component is located @ 18:30 while math skills are located @ 14:57
4:03 Photo of Mark Zuckerberg: Anthony Quintano from Honolulu, HI, United States, CC BY 2.0 creativecommons.org/licenses/... via Wikimedia Commons
Photo of Bill Gates: Lukasz Kobus/European Commission, Attribution, via Wikimedia CommonsPhoto of Daniel Ek: Magnus Höij, CC BY 2.0 creativecommons.org/licenses/... via Wikimedia Commons
4:37 Tesla Gigafactory in Austin, Texas courtesy of Jeff Roberts / peterdog15 - Věda a technologie
*Does this spell the end of university as we know it?*
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Are you a Elon Musk channel?
@@2k7Bertram
It seems so. No matter how stupid are Elon opinions are, here they will be celebrated as they were spoken by the Messiah.
For those looking to build a career in tech, degree might not be necessary. But certain professions like Law(my area), Medicine, Pharmacy still require a college education.
Even then, while the degree requirements for medicine/law/etc. are formal in those industries, degree requirements are informal but no less real in most other knowledge economy industries. I wish it wasn't this way, but it is. For every Musk or Thiel telling you to drop out, there's a hundred other CEO's refusing to talk to anyone without a degree, and often a prestigious one at that.
If you will be working on real hardware Techs you need an University degree, you or this pedantic CEOs like it or not.
LOLOL. I could learn to be a nurse or doctor on the job more easily than I could learn how to build technology from scratch
also, there are states one can become an attorney WITHOUT attending Law school. but good luck becoming a licensed, professional engineer without a degree.
a real-life scorner in the book of Proverbs
For anyone trying to get an actual education, please don't waste your time like I did going to an university in any western countries... and go to an eastern country's university. Apparently they still value knowledge and proper education. For example, look at any Russian university's CS, Math and Physics curriculums or whatever curriculum for whatever degree you want to study, and then compare that with your country's universities. Don't tell me the difference isn't staggering. It is absurd that what we have in the west is still considered an "education". It is an insult to those who came before us and actually went to institutions that still cared about teaching real information.
CEOs: University degrees are becoming irrelevant!
Also CEOs: we would only hire those with a silver-spoon resume, preferably with a Masters
New Twitter ceo is from India's top university iitb. College is not completely useless but college tuition is such a let down
@@khushichadha512 college alone is pretty useless if all you have is the degree,and not the right skills, college doesn't teach you skills, you've to acquire it yourself
@@MEJOVA if people keep interest in learning after formal education then degree adds to the bonus. Obviously their are alot of self taught data scientist but without structure of college it is difficult and aerospace courses requires lab work you can't afford as general public
@@MEJOVA Don't treat CEOs as god.
@@khushichadha512 It's not like he is there only because of iitb. He has been a prodigy since childhood. College name doesn't matter anyways. A good college provides good environment, that's all.
I agree but sadly most companies use automated resume machines that throw away your resume if you don't have a degree And HR almost always post a degree as a requirement so .... I do agree that you can learn skills without a degree but it's rare to get a job without one.
HR is the biggest impediment to hiring technical staff. They search for reasons nit to hire, and not reasons to hire. In the UK only.
@@StillAliveAndKicking_ how's the salary in UK
@@amrit5679 shit
@@amrit1870 really?
@@amrit5679 yes, especially compared to living costs and rest of the developed countries. Also quite high taxes.
I hope these major corporations/companies practice what they preach, because in reality they not only list degree as an absolute essential to apply for a job but also expect an above 65 and sometimes above 75% aggregate.
My ex-wife was placed in her position in the IT department of a Law Firm by the Senior Partner because of her skills during a massive technology shift. She had the skills to helps the company make this move successfully. She remained there for almost 20 years. The firm later got a new HR director who looked at her resume and said she had no degree and had to be fired. She objected and explained the senior partner had placed her there well knowing what her degree status was. He had retired but still owned the major share of the company. He backed her against the HR newbie. The HR department lost in a way. During a later company restructuring her spot had been classified as needing a degree. But with the biggest stock holder in the company backing her she couldn't be fired. The deal she got was she had been with the company for over 20 years. She was asked to retire with a 2 year salary bonus. 2 year medical coverage and substantial retirement bonus for longevity. She took it as she was pretty well done with the company anyway and moved into a plumb job at another firm, all with better benefits.
Your wife must be pretty talented for a person who doesn't have a degree
Elon is either an idiot or evil. Or a mixture of both.
I just enrolled to the Google Project Management: Professional Certificate. Thank you for inspiring me into taking this step! I agree with this video!
What is that
@@amrit5679 online certificate
DOes it charge you money to take the lessons and get the cert..?
@@sexymary you will get a certificate either could be free or paid
Where can I take the course? through coursera?
A university is just a group of buildings gathered around a library
👍
for me, the whole point of College/University is to meet likeminded ppl (aka networking) and then start from there. The rest (learning, researching) you can do on your own.
@Satyam 12A aa tells that to my professors, 2 research papers / 4000 words each and a 1 on 1 presentation. I still have dreams about that. And dude is never in his office when we ask for help.
True
@Satyam 12A aa I think it depends what your learning. University for sure has value and its the set qualification for good jobs. Today, with many informal courses and flexible learning online, it is great for mature students like me. There are also many options for young people too. I find some of the curriculum for some business degrees in higher education rather boring. I don't want to learn What is a business? I know what it is. But yeah uni will always be relevant. I am on innovative approved courses outside the formal higher education system to get some great education that I believe can actually compete with an academic degree. But it's amazing legit universities are offering free short courses to anyone that wants to learn. I can choose subjects am interested in. It's great for mature learners.
I partly agree but I'm not sure how I feel about doctors who didn't go to college 😐
I don't think they fall under the category; Jobs that are highly practical skill-intensive will need some form of college certification for determining one's merit in the field (diagnosing ailments and disorders).
Yeah, this is the only exception here; Although some people can still argue.
Homeopathy 😂😂😂
i suspect that there are a lot of fake doctors
@@curiosityisamazing it's actually a crime. xd
Elon : "Degree is useless"
Also Elon : "a PhD from an ivy league and 69 years of experience needed to work just above minimum wage in Tesla"
yea sure they think they’re worthless until you try working for them
It's weird Elon says they are useless but then requires them from job applicants
He’s not saying they’re useless, he’s saying that there’s better ways to learn
@@shmibbybibby7668 So he's saying they're useless? Thanks for clarifying
Perhaps Elon could tell this to his HR departments
I have Master Degree in Physics... yess i believe Degree aren't important in Real Life but Knowledge & Thinking are always useful for Life
From Stanford??
you must not be smart
@SniperShiv yh
Which books or learning sources do you suggest that would give equivalent knowledge; especially to get a job without a degree in the field of physics?
If you're going into tech you don't need a degree. If you're going into other STEM fields you absolutely do.
can you explain the difference between tech and STEM.
@@justinequizon7257 STEM is: Science, Technology, Engineering and Mathematics. Tech is encompassed within STEM. But there are other disciplines within STEM that require a college education. Tech itself, is not the entirety of STEM fields. So they aren't interchangeable.
I think you only can be useful for a software job but University do have a lot of High cost machines and variety of other equipment to make the student more well versed with the industry which could be nearly impossible in learning online or from books
@@mehuljain5916 That's a fair point
@@mehuljain5916 Exactly the comment I was looking for. I feel like this narrative about "useless degrees" are only or mostly valid for software jobs. I also feel like the fact that nowadays a lot things are centered around software people quickly jump to the conclusion that degrees are useless. But there is also hardware.
I graduated in RF/Microwave systems and I am now an RF Characterization Engineer and in my field university and degrees are useful. You can learn the basics on internet, but when you work with hardware internet is far from being enough.
I think we should have a more accurate speech about this topic and not just turn this into a binary problem. We shouldn't just say that degrees are useless, it depends of what you want to do. Engineers and Technicians who work at NXP, Infineon, TSMC, Apple, Tesla and other hardware companies have degrees and these degrees are useful.
Also, the school system needs to be rebuild to be in phase of what is going on now
I think this may change some of our mindsets
I think what people fail to realize is these super successful people that dropped out wanted to focus more on their companies. Those successful guys are the minority of the people that dropped out, while the majority failed or are living normal lives. Not everyone can learn on their own because they can easily get side tracked, not only that but not a lot people has access to internet connection or the equipment necessary for the jobs that they want.
Take for example the Philippines, most of the job requirements that is required to be part of any government branch are: you need to know how to read and write, be a Filipino citizen, etc. There's literally a walking meme running for President, he's super unqualified and isn't fit for the job. Not only that but there are many unqualified people working in the government.
truth!
most of the school on our country are starting to forget that information are becoming financially free and simply they're starting to turn into a middleman.
get info at google, price it up and tell it to students.
I bet they wont hire someone without a college degree...
Absolutely in India companies require freshers with 3 years of experience. Hypocrisy
Because they are and it doesn’t take a ceo to see it
I agree to an extent. Education is becoming more universal , There has to be a shift from knowledge to skills.
I did my degree and masters in civil engineering. I worked extremely hard at university. I was in the library 12 hours a day. I achieved my 2:1 grade and I thought I was going to be successful. What happened. I fell into an 8000 pound debt and the architects took all the credit for my work not to mention being mistreated by everybody. My parents tried to push me to become a civil engineer not realising that civil engineers are not respected in the UK. People look down at you if you’re an engineer in the UK. I now suffer from trauma, have to extra therapy and I'm living in my father's house at age 36. I worked hard at university and this is what I get in return.
thats scary
Why not leave the UK and go somewhere where you will be respected?
To the *worthwhile person* seeing this, your dream is not dead. Don’t allow the past and current pains and hurts stop and define you. You’re more than a conqueror. Rise up and put yourself together. Keep pushing your future depends on it. I wish you all the best in life ❤.
They drop out of Havard! Not just some random uni.
Unless you have successfully launched a business and made millions, which may not happen if you have both creativity and talent, you need a degree to prove you know what you know. And even if you can prove what you know, the hiring managers have to choose by eliminating from the group of qualified candidates and that is where they use degrees and pedigree to shortlist
So they went to college and tell people not to go. Most "free" stuff is essentially worth what you pay for it. I really put this right up there with CEOs who became CEO's by job hopping and then turn right around and tell people NOT to job hop.
The education system needs to be changed completely not just on a techy level but a very deep philosophical
@Sebastian Christ it's a rat race
@Satyam 12A aa reality is very complex . Very very. Keep on moving forward
Schools must just teach students with skills with certification & degree that ready for work once they are out the door from campus.
Honestly they are right to do so. Imagine 2 people 1 with and 1 without degree but both doing the same course and 1 with no course no degree learnt it all online. The 2 people who did the same course are both great employees just one was teachers pet more and both of them had more money
Great video 👌 I personally believe one has to make this choice on their own based on whether they think the university experience will be of value to them or not and will it help them advance in the career they're interested in, most professions in today's day & age don't require a four year degree but a few do and these are the ones which require people to put in even more time than the regular four year courses (Master's and then PhD/Superspeciality). So it's up to the individual to decide and highly dependent on the career path they're interested in pursuing. Gaining education/knowledge is extremely important, now whether that's done through self education or institutionalised education, that's up to the individual. By the time people reach college they're mature enough to make such decisions on their own, so rather than completely focussing on the college issue, we should focus more on the K-12 education system as to how it can be improved, the education be made more conceptual & intellectual and how the spark of creativity that kids naturally have not be doused by the teaching methods of the archaic education system that we currently have. If the foundation is strong then anything of value can be built on it and in more ways than one. Gee, this comment became way too long 😬😂
Thank you for continuing to upload videos.🙏🙏
must be hard to sometimes uploading videos that are below 10 minutes
I have a friend that studied data science in university and intern to work at microsoft and 99% of the stuff she learnt is not even used in the job. It is all about learning what to do at the job. In the past university is just a way to pass on knowledge to those who wanted to learn more but now it became a status.
Critical Thinking & Good Analytical Skills combined with S.T.E.M is the best. However you still need a degree for S.T.E.M.
Elon closed his school after his kids graduated? Aww come on. I was hopeful he could change the education system.
Another wonderful video Cindy!! I’m a big fan and continue to enjoy your content. I agree and believe preparation for STEM careers could take place through Google courses, Khan Academy, Skill Share, Brilliant, etc. rather than the traditional path.
I agree for Software Engineering but not the other fields.
Wonderful research- love your work. I did have a problem though with some of the perceptions of having a degree vs. not having one. I have a Masters and been in the workforce for many of years and have seen one-offs that have the drive and talent without a degree. However, more than less the people without a degree most likely will not complete long term goals and have misplaced agendas. This didn’t mean they wouldn’t be able to “get it” but it sure meant that the companies would be taking a bigger risk on hiring long term skilled employees, something more valuable because of the higher chance of making a company successful. Just my thoughts. Cheers
I agree
Hey! Love all your videos!
College degrees are not important! Sundar pichai laughing in the background 😂. They are CEOs. Don't take their every statement as God's words.
Universities/Colleges were supposed to be a place of higher education/learning not a place of higher pleasure. Also most HR dept in companies have no clue to what actually the business is and wants.
cause they're CEO. they couldn't give a damn about someone education or not. they're not the ones who are hiring. nor that they're directly work with them. these CEOs work with executives and managers who are already in expert level. so yeah college degree is irrelevant at that point.
Yesssss a new video!!
"Those with a bachelor's degree still earn $500 more a week than those who only graduated high school"
Not in my part of world :D
And yet, the world still needs Lawyers, CPAs, Doctors, teachers…
it's easy to say college is unnecessary when you're incredibly intelligent, but there are still incredible undergraduate programs that prepare students well for life after college. I would support 2-3 years of college, as 4 years is pretty long.
for example, if you're going to major in business, just have students come in and do 2 years. maybe 2.5 to 3, but it's not really necessary to do 4
There are also a lot of completely worthless undergrad programs
What people forget is that they are talking about non professional courses...a medicine and surgery course isn't a waste of time
Watched and liked, thanks!
That's the thinking I am nudged to have .. but its absolute
Hypocrites CEO's. I doubt they will hire anyone relevant qualifications.
I think it just depends, if you feel like you're enjoying what you're studying and you actually feel you're not just sitting in a class staring at thin air, then going to a university is the way to go. But if you feel like you're just slogging through your classes, only to complete your assignments and what not, then university is not a place for you.
You know if there will be only enterpneurs, the country will not have any experts. Experts are very important part for country's growth
Hey , I am just addicted to your videos. Love from India🙃
This looks from a US point of view.
That about non-US universities?
Who would say his time at the university was a waste of time?
I respectfully disagree with the ceos here University degrees are not at all irrelevant if we want to go into medical fields then who will give us human organs while studying their anatomy, Only medical colleges will provide that. If i want to become a researcher then i will offcourse need labs to perform my practicals and analyse data.. In CS i can somewhat agree to the idea that degree is useless but what about chemical engineering , you can't learn that with just a laptop you need hands on experience , you need live interactions with the professors...
Its high time people stop showing only one side of the coin and completely disregard the other side.
I had a question that : I'm also interested in those Google Certificate Program and I'm willing to do them. However, after I finish them and nail my interview, would I be granted with a working Visa or stuff to work in Google USA, particularly their NYC HQ. Because I live in India and I want to work for Google while staying in USA not here. If anyone knows about it please tell me. I'm planning to work there for temporarily after my school ends. If Newsthink ever sees this comment then do tell me
Well for everything u need a confirmation degree is like a confirmation that this guy knows well about this subject or has this skill making things easier of others to know or differentiate differently skilled people
Sent this to my children for their children. Do you know of online programs for my 5 year old granddaughter to assist with her job on the moon, or Mars?
I totally agree
Getting up to 350K Cindy. I love it! That begs the Question. How long has it been now?
Again, survival bias. Just because a few people made it from dropping out of college, that doesn't mean that all people who drop out with the intention of starting a company or something succeeded.
Because they don't want to.pay for that.
I don't think people understand that the chance to make it without a degree is small and so difficult that if you don't have the drive to make it through uni, you won't have what it takes to be the one hit wonder
What the fuck are you talking about? There are so many good paying jobs without a degree.
You don't need a degree to START a company.
A Howard Hughes manager said getting a degree was not the award but show of ability in acquiring and organising information
Totally agree! And probably why many people leave University
If you want to be an entrepreneur; then yes, Uni is not for you, but otherwise go to Uni.
For anyone thinking to drop out; These people were geniuses most people need that degree to get an office job in insurance or marketing to live out their meager life, not everyone is a Gates or a Musk; get real.
Yes
Sadly, we are still pressured to go to college to get a job. 😞
But ofc, if you want to be an engineer or a doctor, nurse or surgeon, you need a degree. 😐
Feels good
These guys have much more talent than most, and it is there talent, not their learning which got them to the top of the heap. One prescription does not fit all…
getting a degree is not worthless, although there are some degrees out there that are worthless. But it is true to start a business you don't need education, you just need the tenacity to research and figure out everything you need to do to get your business started. if you're good at saving money, you can always hire people who have more knowledge than you do to build your product. I started my own company and I have an LLC getting ready to change it over to an s-corp, I've done my own trademark without needing a lawyer, I do all kinds of legal stuff as well as everything else necessary to start a business. There's plenty of websites out there that will tell you what to do
"$63,000/year average for high-growth, high-paying fields" What? I make that just moving boxes around a warehouse with only a HS diploma. I also plan on studying a trade like electrician which will pay in the 6 figures. There are plumbers making $200k a year. I want to thank all these people for their choice in going to college making my opportunities pay what I'm worth.
i make 1million a day sitting at home, you got more bs?
@@xDeFc0nxYou must be a fact checker. Shame you guys don't know anything. Do you need to see my W2 or is it the 6 figures for a trade that you don't believe in. People don't want to do manual labor anymore so they pay more for the people that do. Supply and demand it's not a new concept.
Aaron, you can't argue that college grads make more on average. it's not a point that. you can argue and win. give it up. there are singers who make $10M/year, and there are singers who make $12000/year.
come on, man!
@@RobertMJohnson 🤣
Only high school making $200+ a year own two homes one paid off in 2 yrs and debt free vehicles. They don’t teach you common sense at college.
Fantastic! Let Elon design his SpaceX rockets without a team of M.S. level engineers!
Liberal Art Colleges and their crappy degrees, OK. Get rid of 'em!
But, hard Scientists and Engineers need an organized period of both formal theoretical and supervised practical learning.
Then going to the M.S. and Ph.D. degrees is a choice that may be delayed at convenience.
Where do we find an engineering school that isn't worthless?
It's not only in the US, here as well university degress are irrelevant, a lot of people end up working in the fields unrelated to their degrees
Where?
doesn't matter, dude. university education teaches one how to think, write, communicate, frame and solve problems
I will start believing it once they hire researchers without degrees
Now try applying for a fortune 500 company without having a degree, or look at the education background these CEOs have... People like to use examples like Mark Zuckerberg being a college dropout but he dropped out from Harvard. Can you get into Harvard in the first place? Even if so, do you have a billion dollar idea like Mark Zuckerberg have?
This is utter non sense. The example show a few exceptional individuals and not the means of the engineers. The best keep secret in Silicon Valley is that if you want to make money take employment with one of the large corporation (Google, Apple, Facebook etc.) and stay there at least 20 years. There is no way any startup will match the stock appreciation you can get by saving your shares from employment. It is less glamorous but it works better.
It also misses the point of education. Give you a broad knowledge, I am aghast of the approach of education as utilitarian i.e. you get educated to get a job, I am not denying there is some value there but there is a much larger value in general knowledge that enables you to understand a very varied domain knowledge and think out of the box.
As for the cost of education, it should be free, It is free in a lot of countries (France, Germany etc.) and guess what that is were you have the most meritocracy. Society is flexible and social class break apart. Education cost is aa way to prevent social mobility. Look at Elon Musk example he built a super school for his child and then quickly closed it down so that no one else can benefit…
Exactly.
Then why doesn’t he hire people without degree?
I appreciate it but how do I become an electrical engineer without collage
I like how direct you where with your sponser this time.
Even tho, the whole video might've been a transition in on itself 😉.
Laags? lags!
This concept is only for few percent kids who are born geniuses but rest of them need to go through the process..
Knowing all this, I still want to do an MBA. Reasearch the process for someone who is genuinely interested in a 3rd world country. The only obvious path is MBA, the worst of all higher education
Tell the same to HR department
does skillshare give certificate as a proof of a course completion?
And while damn employers still seeking for university degrees!
I just submitted my exam paper and I am watching this video in my class room... How funny 😁 LOL..😤
I learned coding in college in the 70s, but I was an embedded systems guy. I'm wracking my brain, but I'm having trouble finding a reason that my step-daughter, who's in law school, should learn coding. Anybody have an idea?
smart contracts is my first guess. If someone is able to communicate with IT on a technical level, but also has a profound knowledge of law that would be a very very useful skillset 👌
"should" or "would benefit from"?
two diff qts
@@RobertMJohnson Yes, I agree, different but related questions. I used the word "should" only because Tim Cook (according to the video) used that word. I still think his is a myopic exaggeration, and I stand by my original question.
My step-son, who's studying architecture, uses CAD programs every day. I do see a use for him to understand them at a more technical level, especially if he's writing things akin to macros, and to understand at a deeper level, the strengths and limitations of the particular programs he's choosing/using.
Back to my step-daughter... As @Trayce Lost alluded, were she to be going into patent or IP law, I totally agree. However, her technical strengths pretty much stop at posting Instagram selfies and her word processor. Her interest in gadgets mostly involves the features of her iPhone. (And she's marvelous at that!!) At this time, well into her 2nd year, she's about as far away from coding as I am at preparing, or even understanding, a legal brief. As a lawyer I think she'll be totally fine without learning any coding.
Skills + Discipline + Patience + Hard work = Success!
no other degree program is gonna tell you otherwise
edit: Luck is irrelevant, because it favors the Bold
💯
Yeah if only there was Google professional certificate back then, it would teach what you need to know anyways. Based on my around 10 years experience big companies non bullshit jobs won't even call you for interview anyways even with a degree might as well just study for knowledge you're interested in don't bother with jobs there's none
It might be true because schools and colleges base on grades you perform in exams rather than on skills you have. Many students are skill enough but don't get good grades. So, which is more important grades or skills?..plz tell
This video is true, I haven't graduated but could any CEO give me a jop without it?. I'm ready to work hard for them if they do so.😊
Mohini pore. India
proude of you sunder sir elon musk sir speech thanks .
Education system
Why didn't this come earlier? I had to suffer from the stupid college route 😭 that's a few years of my life
Stupid college route? Yeah tell that to Elon Musk that had a double degree in physics and economics from UPenn, Peter Thiel that has a masters degree from Stanford, etc. majority of CEOs have a degree. Try applying for jobs at any fortune 500 companies without a degree...
I love this quote from Elon: "Colleges are for fun and to prove you can do your chores, but they are not for learning."
Lectures for sure, which is 90% of universities. But some things like experiments requires a facility.
Hey THERE how to enroll for free one month trial using your link?Couldn't Enter,, please help
skl.sh/newsthink12211
Good lord I know people who can't read who have made it doesn't mean we should abandon reading.
it's not up to musk or cook to not require a degree, it's up to dumb hr people who copy and paste first 20 google results for the job title into job posting and add random of 3 to 8 years of experience next to each
Only in US