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Is a college degree worthwhile in 2024?

June 12, 2024

Yes, a college education is still worthwhile for the vast majority of humans, but keep in mind that not all college degrees are created equally and that AI will change everything. Advances in generative AI will render obsolete many degrees and professions in the near future. Unlike the Industrial Revolution, which displaced slaves and other hard laborers, the AI revolution will displace knowledge workers. 

Some "cool" and high-paying jobs of today like software engineering will most likely be dominated by AI relatively soon. Interestingly, the trades requiring lots of knowledge and art will be the ones overtaken by the upcoming iterations AI. Don't think about what ChatGPT-4 can do. Think about what the 8th generation, the 16th generation, and so forth will be able to do. The AI revolution is just beginning folks; just beginning. 

Traditional professions protected by licensing requirements (e.g. medicine, nursing, law, civil engineering, architecture, etc.) will fare better in the next few decades due to the legal protections in place. Human licensed practitioners will keep their service monopolies and broker the services powered by smarter AI bots. The human licensed professionals will essentially become brokers and liaisons or intermediaries between consumers and AI providers.

Non-licensed intellectual professions and artistic trades will be up for grabs by AI. This includes displacement of humans in high paying jobs of today like software engineering and in low-paying information jobs like data customer support in call centers. AI bots will be smarter than humans. No single human will be able to compete, not even get close, to the performance of AI bots. 

Within the next three decades, AI bots will dominate many fields that are now reserved for the smartest human beings. The best bet and economical survival strategy for clever humans is to become AI entrepreneurs, AI investors, AI trainers, AI producers, etc. Goal should be to become an "AIpreneur", or at least think like one. 

AI bots will be the new workers or "slaves" producing quality intellectual property products and services at a fraction of the comparative cost of human labor and production. This means that almost anyone can become a producer and an entrepreneur with access to cheap labor and production resources. Anyone will be able to become an AI slave master within the next years. 

Going back to the college degrees, who really needs to go to college when a smartphone will be smarter than all college professors combined? Take Apple as an example. Beginning this fall 2024, Apple will integrate ChatGPT-4 into iOS 18, iPadOS 18, and macOS Sequoia. Apple users will have access to AI-powered writing, drawing, and video producing tools. Apple Intelligence will allow users to produce professional communications in all media, across all apps, and across all platforms. 

Siri will "marry" ChatGPT and together the couple should become a power couple providing superior AI assistance to Apple users. Under the new Apple Intelligence protocol, Siri will be able to understand context and by keeping track of your information on the Apple ecosystem will help you complete tasks. For example, need your passport number while booking a flight? Siri can find the passport number on your device to help fill it out the form. Siri will be able to operate across apps, so after you ask Siri to enhance a photo, you can ask it to send it as a text message to your mom, and to create a note about it. Siri will bring enhanced language and context recognition to become a true personal assistant once it gets "married" to ChatGPT this Fall.

Apple is trying to catch up to Google and Samsung, which are already ahead integrating AI in their smartphones. All other competitors in the marketplace, including the clever Chinese ones, will also offer AI assistance to their customers. It's a brave new world. A new AI world. Rethink everything, including the value of your college education. Keep moving. Keep learning. Don't miss out. 

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