Comments by "Luiz Devil" (@luizdevil6855) on "Tech Is Permanently Redefining The Middle Class" video.

  1.  @Spencer-wc6ew  "So you'll speend [sic] 4 years and $50,000+ getting a degree from university, and most of it is too out of date to be useful." That's actually good to keep the salaries high. Let me explain: The idea of going into a 4 year course is not to learn tech that gets out of date, but learning the theoretical basis that never gets out of date. But this common myth, the myth that you go to university to enter the job market is wrong, you don't even need a degree to begin with. You go there to get deeper level knowledge so you can actually survive the multiple waves washing every 2 years. Which is why people say tech goes at unbelievable breakneck speed and you can't keep up. You can actually keep up if you have the foundations, but not if you only want to learn "next tech". But people don't want to wait 4 years and invest $50K , to earn $150K per year for the next 10 years until they're too burned out. No, they want it now, so they go about learning the next "framework" of the moment, they chase the dragon, that's when they lose. The truth is, most web frameworks is just fashion, they keep changing things just for the sake of changing them, to make money. Its literally just the front-end that keeps changing. Meanwhile the real thing that makes the business is not the front-end, its the back-end, but that also keeps getting more complex, although at a much slower pace, but that also compounds over decades. Only when you have a long term view and a solid foundation you are able to see that and cope with the never ending changing pace of the industry. So in a way, you do need the graduation. They don't stop being useful, to the contrary, they become essential to be able to climb the knowledge slope. The barrier of entry is getting steeper by the day, and more of the fallen middle class try to enter into this new high class (thinking it'll be easy, its not easy, it requires solid years of study). But even that party will end eventually, then it'll become entrenched, when the steepness of the learning curve is so high that it takes a decade of study to work in tech, and it keeps getting more complex too. It'll be like medicine, super hard to enter, then the party will be over.
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