The book reviewer for the Wall Street Journal wrote of reading Tyler Cowen’s 2013 book, Average is Over: Powering America Beyond the Age of the Great Stagnation, “with a deepening sense of dread”.
The Economist understatedly called the book “bracing”. What does Cowen, a professor at George Mason University and daily blogger on marginalrevolution.com, say that provokes such fear and trembling in readers? Essentially this: if you’re not among the 10-15% of the population that has learned how to master and complement computers, you’ll be doomed to earn low wages in dead-end jobs. We spoke with Cowen when he was in Paris recently to participate in the OECD Forum. His comments are drawn from both our interview and his presentation at the Forum.“There are two things people need to learn how to do to be employable at a decent wage: first, learn some skills which complement the computer rather than compete against it. Some of these are technical skills, but a lot of them will be soft skills, like marketing, persuasion and management that computers won’t be able to do any time soon.
But the second skill, and this is a tough one, is to be very good at teaching yourself new things. Right now, our schools are not so good at teaching this skill. The changes we’ve seen so far are just the beginning; 20-30 years from now, we’ll all be doing different things. So people who are very good at teaching themselves, regardless of what their formal background is, will be the big winners. People who do start-ups already face this. They’ve learned some things in school, but most of what they do they’ve had to learn along the way; and that, I think, is the future of education. I’m not convinced that our schools will or can keep pace with that; people will do it on their own.
There has arisen a kind of parallel network – a lot of it is on the Internet, a lot of it is free – where people teach themselves things, often very effectively. But there is a kind of elitist bias: people who are good at using this content are people who are already self-motivated.
The better technology gets, the more human imperfections matter. Think about medicine: the better pharmaceuticals get, the more it matters which people neglect to actually take them in the right doses. Education is entering the same kind of world. There’s so much out there, on the Internet and elsewhere. It’s great; but that means that human imperfections, like just not giving a damn, will matter more and more.
e = get, head
Dive into said