Lex Fridman: belief

Transcript context

…es. They are in complete control. The incumbents are in complete control as to who gets access to federal student loan money. Guess how enthusiastic they are about accrediting a new university? Right. And so we have a government funded and supported cartel that has gone… It’s just obvious now. It’s just gone sideways in basically any possible way it could go sideways, including, I mean, literally, as you know, students getting beaten up on campus for being the wrong religion. They’re just wrong in every possible way at this point. And it’s all on the federal taxpayer back. And there is no way, I mean, my opinion, there is no way to fix these things without replacing them. And there’s no way to replace them without letting them fail. And by the way, it’s like everything else in life. I mean, in a sense, this is the most obvious conclusion of all time, which is what happens in the business world when a company does a bad job is they go bankrupt and another company takes its place, and that’s how you get progress. And of course, below that is what happens is this is the process of evolution. Why does anything ever get better? Things are tested and tried, and then the things that are good survive. And so these places, they’ve been allowed to cut themselves off, both from evolution of the institutional level and evolution of the individual level as shown by the just widespread abuse of tenure. And so we’ve just stalled out. We built an ossified system, an ossified, centralized, corrupt system, where we’re surprised by the results. They are not fixable in their current form. I disagree with you on that. Maybe it’s grounded in hope that I believe you can revolutionize a system from within, because I do believe Stanford and MIT are important. But that logic doesn’t follow at all. That’s underpants gnome logic.…

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