E. Rekshun left a link in a comment to an article about Marc Andreessen's advice for college majors and the future of haves and have-nots. E.Rekshun seems to think the major takeway is to study STEM, but actually Andreessen seems to be reading my blog because what he actually said was “We're in a bubble for people with a non-Ivy League, non-technical education. If you have a degree in English from a tier B state school, you're not prepared."
Andreessen seems to agree with me that in the future, the people at the top will have Ivy League degrees and work in “product development [and] marketing.” And implicitly in Adreessen’s current occupation, venture capital.
But if you can’t get into a top career like that, then majoring in STEM does sound like a better idea than majoring in a non-technical field from a “tier B state school.” Although it’s not clear to me that the kind of person who can only get into a tier B state school in the first place is smart enough to do engineering or computer programming.
I agree with Andreessen’s statement that “There's no such thing as median income; there's a curve, and it really matters what side of the curve you're on. There's no such thing as the middle class. It's absolutely vanishing.” Settling for just being middle class is not an option today the way it was fifty years ago. You must shoot for the top or likely wind up at the bottom.