[michaelochurch]

Yeah, he's wrong about "cannot be self-taught".

He's right about the prestige-whoring of large corporations. You won't get a fair shake at most of them without a PhD. However, he's also wrong about where The Future is coming from. Most likely, it'll be small elite consultancies that work for larger companies. Right now, these are the guys (and gals) supporting the top open source projects.