While America was being colonized, the world was witnessing the fruits of capitalism being reaped elsewhere. Europe was announcing itself on the world stage as a center of knowledge and wealth. Let us call this the first wave of capitalism. First wave of capitalism also brought in was a system of education. If one wanted to work in a multi-national company at that time, one needed to get through the education system which they brought in. For first wave of capitalism to end, humanity had to shed a lot of blood for many years. For USA to become the flag bearer of capitalism, the world had to go through two world wars.
With the rise of Big Tech, We are witnessing the second wave of capitalism. Amongst Big Tech (or FAANG), Apple and Google no longer have BS degree requirements. Amazon, Google and Microsoft have their own certifications.
Amazon has enabled people globally by launching the FBA program. This program provides people from all around the globe, not just US, to become part of the international trade. If the tweet is of any evidence, public trust in the delivery services is higher than that being provided by all the kings horses.
Facebook, Instagram and WhatsApp (all of them owned by Facebook) providing a completely different type business opportunities to masses. Opportunities that do not require degrees from the archives of the old capitalist education system.
Not to mention Uber, currently operating in about 70 economies. Uber has enabled the common man to become a productive member of the society without having a degree.
With the news that Microsoft has embraced the open-source way of collaboration across it cross-company projects along with the fact there are a few unicorns (Zapier) which are completely remote, I believe it is just a matter of time, barring agriculture and manufacturing, majority businesses would not have strict office requirements.
AT&T has recently announced that it will move non-network workloads to Microsoft Azure by 2024. US Department of Defense also chose to go with Microsoft. In addition to these, Businesses across the globe are either adopting services provided by these companies, or hosting their business critical applications with these cloud providers (AWS, GCP or Ali Baba) to reduce their non-essential costs. Certifications provided by these cloud providers by-pass the degree requirements, again for the masses to make a living without having degrees.
Then we have Google and Apple with their phones, operating systems and app stores, creating altogether a new opportunity that does not require masses to hold a degree.
All these new markets and opportunities being created at blitz-scale require an internet connection fast enough to stream videos from both certified and non-certified courses and anybody can learn anything and make themselves a productive member of the society.
If Covid-19 has done anything, it has accelerated the consolidation of power by these Big Tech i.e. Amazon, Apple, Facebook, Google, Microsoft.
USA, in the past, has seen such dominance before in new unregulated markets e.g. Standard Oil or Bell Labs. USA has dealt with them by splitting these companies.
This time around though, the everyday life is being dominated by a tiny screen that fits in the back pocket of your jeans.
This time around though, the market is global and there are Chinese companies like Ali Baba and Baidu. Chinese companies that are catering for one sixth of world population directly and almost the rest of the world indirectly. Applying the fate of Bell Labs or Standard Oil would effectively give Chinese companies time and with the capital behind them they should be able to mark their presence globally.
This time around though, these companies can make the President of civilization's most powerful nation, completely disappear from everyday lives.
This time around though, these companies have the power to suppress dissent and control the flow of information as they see fit.
Interesting times we live in. The revolution will not be televised.
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