Why is it warmer in summer than in winter? Sure you could google and tell me why. Yet Harvard Grads. had trouble correctly answering this question (without Google, of course)
When such is the state, where the competition is intense, average i.q. much higher, fees steep. Imagine asking the same question, in a less privileged school, where the barrier to entry is low.
The root cause is that, Google has not merely caused information overload, but has caused disruption in many fronts.
It first killed the adage, 'Knowledge is Power'.
Even if you worked for 30 years in a domain, someone passionate about the domain, can shake your foundation in a matter of months.
It then killed the myth of "hard work".
You could have worked on something all day long, every day, for the past year. Yet, someone passionate about your domain, can render your entire "hard work" obsolete, by re-factoring your entire model several times over, in just a matter of days.
Many scholars are predicting the demise of Formal Education, as we know it, now.
Lastly, "words are really going to be cheap", as in, it will lose its value, for communicating understanding. Words will always, be the first resort, to explain something, at a high level. But, after some level of detail, it is not effective in communicating understanding anymore.
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