[scarface74]

So exactly what do graduates do with a degree of it isn’t to earn a living? Money comes from producing products that people want? All of the great “research divisions” that couldn’t productize died in favor of companies like Apple who focused research on products that people wanted.

Jobs famously killed Apple’s Advanced Technology Group that brought the world things like PowerTalk, OpenDoc, and QuickDraw GX. Microsoft’s Research division hasn’t done much better. I’ve already mentioned that Google has wasted untold millions on products that no one wanted.

But the bigger question is are the degrees actually preparing students for the real world outside of Silicon Valley where companies actually want people who can add business value? Will it prepare people to compete for jobs against cheaper foreign labor where they are more focused on actual “occupational training”?