In many ways, degrees serve as the ultimate filtering mechanism for employers. The hierarchy of IIT > NIT > State Govt Colleges > Private colleges provides a broad heuristic/prior that keeps the conventional recruitment process from collapsing under the sheer volume of applications. Until the hiring process evolves to evaluate actual output, formal degrees remain structurally necessary.
This 'differentiation' extends far beyond the workplace it is deeply embedded in the social fabric, particularly in the Indian arranged marriage context. It is highly improbable for parents to approve of a non-degree holder for their children. Changing this deeply ingrained societal behavior will likely take much longer than the technological shift itself
At the present moment, we're in complete agreement :)
Filtering is currently necessary, and will be necessary in the future too, sure.
But we're quite close to no longer needing an "accreditation layer"... which is just a fancy-schmancy way of saying "colleges". When it comes to recruitment, the degree won't be replaced by a "better" signal, there just will be no need for a signal in the first place! Why? Because the underlying capability is now directly observable. Things like PlacementVal (and much, much better versions of it, this is just a casual blogpost) can be run directly by recruiters, and if the arranged market eventually catches on to this, even it will stop using the IIT brand as an important variable.
In many ways, degrees serve as the ultimate filtering mechanism for employers. The hierarchy of IIT > NIT > State Govt Colleges > Private colleges provides a broad heuristic/prior that keeps the conventional recruitment process from collapsing under the sheer volume of applications. Until the hiring process evolves to evaluate actual output, formal degrees remain structurally necessary.
This 'differentiation' extends far beyond the workplace it is deeply embedded in the social fabric, particularly in the Indian arranged marriage context. It is highly improbable for parents to approve of a non-degree holder for their children. Changing this deeply ingrained societal behavior will likely take much longer than the technological shift itself
At the present moment, we're in complete agreement :)
Filtering is currently necessary, and will be necessary in the future too, sure.
But we're quite close to no longer needing an "accreditation layer"... which is just a fancy-schmancy way of saying "colleges". When it comes to recruitment, the degree won't be replaced by a "better" signal, there just will be no need for a signal in the first place! Why? Because the underlying capability is now directly observable. Things like PlacementVal (and much, much better versions of it, this is just a casual blogpost) can be run directly by recruiters, and if the arranged market eventually catches on to this, even it will stop using the IIT brand as an important variable.
That was a very interesting read man!!