The future is unknowable, of course. But it’s worth understanding the data fundamentals of any situation if one wants to make things better.
So here’s some fundamentals that all came across my over a course of a few hours:
Tweet on the Cost of Education Vs. Other Services and Goods
Tweet on the Difference Between Schooling and Learning
Tweet on Private Schools in India
Tweet on the Cost of Learning
What to Make of It?
Well, first of all, this exercise was premised on only using data from a few tweets that crossed my feed over a few hours. So take it for what it’s worth
But, I was struck by the narrative that these tweets presented:
- Publicly subsidized education is skyrocketing in price in the United States.
- Actual years of schooling is often not a good indicator of learning.
- In India private schools deliver the same outcomes as public schools but for a third of the price.
- The internet (~$40 a month) provides unlimited content for basically free.
This story is one of the system collapsing on itself. High cost providers can’t compete forever with lower priced or free alternatives that provide the same quality of service.
Of course, missing from my tweet stream was this:
- A tweet on status quo bias.
- A tweet on regulatory capture.
- A tweet on status / signaling.
- A tweet on the conscientious needed to undertake self-directed learning.
What does the future hold?
Time will tell.
The only that is for sure: continues to deliver more information to me than any content platform I’ve ever encountered. All of the above data from a few hours on !
Neerav, it’s worth contrasting this post with “Four Ways to Unwind the Allure of Order”.
Two very different looks forward.
Would you say that this post hints at a fifth?
Ed
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Perhaps :)
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I’ve written a book detailing specific roads/vehicles/supports for this 5th path.
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