Education as Signalling - Peter Thiel on the Economics and Declining Quality of Higher Education
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- Опубликовано: 12 янв 2025
- Education as Signalling - Peter Thiel on the Economics and Declining Quality of Higher Education
This is an excerpt from Conversations with Bill Kristol, published on the 14th of September 2014, in which Bill Kristol interviews Peter Thiel on the kinds of outcomes contemporary students of higher education currently face, and more broadly, the state of technological and economic progress within higher education.
You can listen to the entire episode of Conversations with Bill Kristol here: conversationswi...
You can watch the entire episode of Conversations with Bill Kristol here: conversationswi...
"You have a sort of priestly class of professors that doesn't do very much work , people are buying indulgences in the form of amassing enormous debts for the sort of secular salvation that a diploma represents" - Thiel really hits the nail on the head with this one
He heard that from a "friend". To hear more of what that friend has to say, search mencius moldbug and unqualified reservations, if you have not done so already. He is very good at pointing at the problems of society.
I realize it is kinda randomly asking but does anybody know a good place to stream new movies online?
@Roman Mark Try Flixzone. Just search on google for it :)
@David Kenzo yea, I have been watching on InstaFlixxer for months myself :)
This needs to be heard
I have a Masters and RUclips has taught me way more than any professors, by a huge margin. At this point, we can make all knowledge free online and on youtube, tutoring for those struggling, and then just take a test to prove that you can retain/apply knowledge. Universities are a huge waste of resources!! It's outdated form of education from 1000 years ago!
Where can I take the test with out PAYING THE FEE??????
Precisely. More and more people are awaking to the possibilities.
Depends on what you study
In Belgium I paid €1600 in total for my 2 years master's degree in economics and I learned a lot. It's sad to see that Americans must pay so much for so little :/
It’s less the universities and more the hiring companies because people would surely forego the university stream if they could get hired.
This man is aging like a fine wine. Both physically and intellectually.
I think a key distinction is whether you are going to the university primarily to get a good-paying job or if you are going to expand and round yourself out as an individual
9:20 hits the nail right on the head. There are 'hiring pipelines'.
Algorithm for this conversation
Peter delivers a statement parsing a vast swath of cultural, historical, technological, and sociological developments
Kristol says "Oh yeah great point"
Great point. Please elucidate.
Algorithm for this comment.
Online education is King. You can learning everything online, thats mean you can be whatever you wanna be! What a great time to living :-) You go to the prestigious school to connect with the rich and/or smartest Kids in the USA.. Like Mark Zuckerberg did with Facebook.. All (most) key employees he has, he met them at the school or because of the school network
Online education is great! But it's also nice to go to school so that you can receive mentorship and feedback.
Great Blogpost about:
Elon Musk mind: you know shit & i know shit - so lets find out :-)
waitbutwhy.com/2015/11/the-cook-and-the-chef-musks-secret-sauce.html
Yann there is a book by Kevin Carey that spends a few hundred typed pages talking about this concept. "The End of College". Many universities are pricing themselves out of existence. Parents and students are rebelling. The universities are promising all sorts of great jobs that simply do not exist for the vast majority of students ~ now or from ten years ago. Today education is a life long process; many of the needed skills can be obtained at a very high quality for a very reasonable price online via on demand videos and the like. Tenure is a thing of the past.
Miss it, but embrace the new. Infinite information at our finger tips makes for a whole new world of possibility.
Online education is good for educating yourself, but that is worth nothing if people won't hire you because you have no social network to get you meaningful jobs or letters of recommendation.
"14th of September 2014, in which Bill Kristol interviews Peter Thiel" - Makes Sense.
Solutions only occur when you put your mind to thinking about problems
Excellent.
What are alternatives for this education bubble?
All good points. But I think that the main reason of the bad education is the pervading of entertainment though any modern medium. How many students I saw watching entertaining content during a lecture in computer programming to the point that the professors had to paradoxically ban the use of computers during the lecture. Entertainment is the Ubiquitous in our society.
It’s just escapism
Education is the atheist church in which like the catholic church in the 1500s, the priestly caste(professors) enjoys privileges(tenure) without having to do much work(teaching).
at least they don't rape the kids, so....progress
Fadaourl some do
Ironmantis25 once in a while is ok
@Ironmantass - wow are you full of shit, armchair youtube asswipe. Hey I have an idea: why don't you actually try being a teacher at a college or high school before opening your dumb fucking mouth? You think teaching high schoolers is easy? Wow are you a clueless fucking idiot.
I think you mean the administrators, professors have practically no say now.
Too many who climb that ladder of academia, upon reaching the top, find it to be leaning on the wall of empty promises and broken dreams.
What is the name of the company?
11:11 whenever you have nothing to contribute but feel obligated to talk.
and 18:48
Ah, yes! Memorization of poetry - the pinnacle of erudition.
Fascinating analysis by Thiel, but my God what a cringe-worthy comment by the interviewer. As much as he seems to lend credence to Thiel's criticisms, Kristol clearly maintains archaic notions about what a good education ought to consist of.
Exactly.. like memorizing poetry makes any difference in anyones life.
@@viktorreznov984 I think that if one is in the performing arts and makes a living off it then memorization of literature is important. So, yes it does make a difference in one's life maybe not yours but to someone it does.
There are works of litature, that have been lost and disconnected from the western cannon, that would change your perspective on life. P.s. from a double STEM major.
Mr. Theil, even when his positions are pessimistic, his rhetoric is encouraging. The impotence, intellectual bankruptcy, and incompetence characteristic of the defeated establishment has created a climate of general malaise that hangs thick over America today. If the Dark Ages were a necessary antecedent of a 14th Century Renaissance then perhaps America is poised today for it's own 21st Century Renaissance. A new era where American Heroes like Trump and Theil resurrect the ideals forsaken by a tyrannical and idiotic regime. Leading Civilization by their own example these Titans will inspire America to once again start thinking big, and innovation will abound. The engine of prosperity will kick into high gear. American culture will be repaired, and our identity ultimately reclaimed.
@N No, it's not necessary. One of the great things about capitalism is the creative destruction that comes along to replace and uproot industries. Automobile vs horse&buggy, Netflix with DVD/Bluray/Cable, email with fax.
Education is next along the line of victims, and while painful for certain actors (educational sinecure) in the short term, the replacement will be hugely beneficial for society in the long term.
Jesus this guy is sharp
79 international students committed suicide 2012 /2019/Flinders University Adelaide Australia
where're his eyebrows!
Very easy for this guy who went to top schools to tell people dont get educated! Wonder how successful his Fellowship has been which lures folks away from schools.
In the last two years most professors become brash and bold about wasting your time. These places only care about the bottom line.
Education is worse than it was in the past. As time goes on and more people attend, it's guaranteed to get worse because it's inherently a signaling tool for employment.
A four year degree is essentially a high school diploma from 40 years ago unless it's in a field that only at most 10% of the population can excel in due to innate requirements. Telling everyone to stop majoring in business and the humanities and go into engineering is a non-solution because of how rare it is for anyone with a math SAT score lower than 700 to get a decent gpa in that field. Roughly 2.3% of the population score +2SD on the SAT, so it's not a viable suggestion.
The universities need to be incinerated.
I don't know where you're drawing the SAT conclusion. I believe I had just around 600 on all three SAT topics and I received 4.0 through undergrad, then 3.8 in the Ph.D.
It doesn't take a 700 SAT to go take some computer science classes at a community college or Coursera and start innovating.
Government programs get worse over time, private industry gets better over time. Therefore, our education system is falling apart.
7:10... cough if you sense a lack of intelligence
College/higher education should be free of charge, it is not a business, neither is healthcare, they re the basic civil rights. It is the Government's responsibility to provide the basic conditions for its people to live their lives without worrying spending all savings on medical cure and have a hope for future through receiving good education, after all, Education is the key to achieve significant development of a country. China now is limping because of the lacking of education base on REAL integrity, honesty and justice. Gov needs to treat them with respect and real care. Everything starts with the VISION, it is what that brings the difference.
Wrong. Money doesn't fall out of the sky. Nothing is free.
If you had any idea of how poorly governments fail to deliver goods and services, I think you would say otherwise.
Who will pay for it? The taxpayer? Why should someone pay for your pursuits? Why can't you pay for other people's rent?
Classic!
"Portfolio insurance" CAUSED the 89 crash !!!!!!!!!!!!!! What happens what everybody is insured against working? LOL
even Engineering school has become a joke let alone the Humanities. smdh
I wish this guy could run for president...
No he is too smart and straight forward to be a politician. But do hope politicians listen to him more and carefully.
@@tubeyou89119 people would like that
Kristol is totally out-classed. His questions belie his ignorance. Thiel answers the questions by correcting Kristol's out moded perspective.
The value of education is showing off you got into a top ranked school, not in actually learning LOL.
Kristol's smile is making me puke
It comes across as an extreme form of smugness.
Quite repulsive.
The only product where you would limit access as much would be a nightclub - peter thiel at ruclips.net/video/WOEsVjqoOfA/видео.html
Yeah fuck this I'm dropping out
So because Peter Thiel believes we have declining college education, his solution is to become a Trump supporter? That's an oxymoron.
Peter Thiel may very well become part of the Trump administration. There's hope.
Well, let's make this clear. If college education is declining, how do you think that Trump (a con man, and a known poorly educated person) can solve the problem? Peter Thiel is expecting some good to happen with a Trump presidency. But Trump's lack of visio, and understanding of health care, science of climate change, and education is showing through clearly.
Sure, I accept your perspective of non-education. Now get back to mining my coal in Virginia !!!
There is a reason WHY Thiel and Elon Musk are associated with the Trump administration. Most likely they believe that Trump was a "reality" candidate hence president that convinced the American public to vote for him because of political incorrectness. They (Thiel and Musk) know that there is a power and knowledge vacuum and want to advise the president in any way that is contrary to Republican idealists, and hoping the latter will not screw up the economy. Americans generally believe that Trump is "educated" because he became a billionaire and knows how to make deals. If Trump was truly educated don't you think he would give respectful treatment of others instead of insulting anyone who thinks differently of him, and falsely pampering him ego through junk speeches and twitter. Obviously you are subscribing to this similar pattern of thinking.
Now get back to mining my coal in Virginia !!!!!!
if you are offended by disrespect and trolling, you are uneducated, the left has been insulting trump since the obama adminstration, a taste o their own medicine is what they are getting, trump will get things done, the only country in the west with a leader is america, canada and the rest are fucked, playing cute games and ignoring the thing that matter and related to human civilization, america was a great nation and now it is declining, open your eyes sir, MAGA please
What the hell? People were better educated 100 years ago? Come on.
He said elite education was better 100 years ago.
Yes, in qualitative (how well they knew and reasoned about things) terms, in quantitative (number of things known) terms no at all
Professors don't do much work...WTF?
most don't.
This interviewer induces very raw negative feelings from my gut. I don't have any prior before watching this video.
Still pissed that he decided to become a Trump Thumper......
You literally just spent 20 minutes watching him talk about the diversity of thought and the homogeneity of our education system, and then you say something like this. I'm curious if you even understood what he was talking about.
I barely understand most of what Thiel says....way above my IQ level. Seriously though, his point about increasing student numbers to an ivy league school is great. Quality education, especially higher education, is reserved for the privileged and/or the wealthy. If everyone had a Harvard education then what strategic advantage would the wealthy have over the unwashed masses?
I suspect he decided to back the winning candidate, nothing more.
@@stephentackett4064 You misunderstood what Thiel was saying. He doesn't think that Harvard offers a better education. It offers exclusivity and prestige, like a night club. Then, people hire from Harvard because you have to be smart and interesting (for lack of a better word) enough to get in. It's a racket.
In other conversations, he talks about companies, like the law firm he briefly worked at, being similar "empty tournaments."
Regarding Trump, Thiel has always been a right-wing libertarian. He basically supported the first Republican presidential candidate who wasn't too Christian to have problems with Thiel. just guessing
If he is so smart, why does he not "eductate" himself learning how to speak. At least 2 "aah" in each sentence is a little too much for me, Mr. Thiel
He's probably an INTJ, so introverted and intuitive. Intuitive people need to "decompress" their knowledge (like unzipping a .zip file). He does a better job when he is repeating a concept that he uses often. He does that a few times here, talking about investing/partying/insurance/nightclubs.
I would love to hear you talk for 20 minutes.