Further, if a student can get a diploma without work, then the diploma does not have value anymore. If diplomas are no longer valuable, the signal they provide in the labor market will turn into noise.
If employers no longer look for the diploma-signal in an employee, what will be the reason an employer will hire an employee?
I think this story will become true, and society will radically shift into one where critical thinking skills will actually be the only skills employers look for in employees, since the grunt work can be automated.
What becomes the signal then? Will we shift back into apprenticeship based employment? How do potential laborers display their critical thinking skills apart from displaying them in person?
If employers no longer look for the diploma-signal in an employee, what will be the reason an employer will hire an employee?
I think this story will become true, and society will radically shift into one where critical thinking skills will actually be the only skills employers look for in employees, since the grunt work can be automated.
What becomes the signal then? Will we shift back into apprenticeship based employment? How do potential laborers display their critical thinking skills apart from displaying them in person?