From fintech to edtech

LAST week my elder brother made a remark that shook my understanding of education, “I learn today more from YouTube than I have learnt all my life”. In truth, we are bombarded by so much information that we have knowledge indigestion.

The Digital Economy has arrived. My generation thought that all it took was to get a good degree to ensure a good job. Today’s formal education may be more than useless, if Silicon Valley is no longer hiring on the basis of stellar CVs from Ivy League universities, but whether the person has written an App before or failed in the last start-up. What’s the point of investing quarter of a million dollars on formal education, if a kid can code and sell an App even at the age of 12?