Galt’s Gulch, Higher Education, and the Blockchain

In Ayn Rand’s Atlas Shrugged (cue snark), the builders and independent thinkers escape to Galt’s Gulch whilst a constellation of communists and conformists grind society to a halt.

It’s been a minute since I read the book, but over the last couple of years the notion of Galt’s Gulch has popped up in my conversations with friends — particularly when discussing higher education for our children.

Most of my friends are operating under the assumption that a conventional university education is the path for their children to attain “success.”

I don’t think that will be the case in ~15 years, when my — and most of my friends’ — children will reach college age.

In part, this is a function of the deterioration in the quality of supply.

Indeed, it seems that numerous entrepreneurs and investors in this space are receding from today’s prominent platforms to engineer tomorrow’s.

The competition for work — amongst humans and against robots / AI — could very well get intense. A commitment to lifelong education is paramount.

But the credential of a university degree?

I have my doubts.

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