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Tesla CEO Elon Musk criticizes Universities
Tesla CEO Elon Musk criticizes Universities
Fintech

Tesla CEO Elon Musk criticizes Universities

By Marco Cavicchioli - 11 Mar 2020

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According to Elon Musk, CEO and founder of Tesla, Universities are not necessary to learn

In fact, during a Q&A session at the Satellite 2020 conference he explicitly stated: 

“You don’t need college to learn stuff. I think colleges are basically for fun and to prove you can do your chores, but they’re not for learning”.

The audience reacted with applause and laughter, especially because Musk is known for his critical stance on the real effectiveness of academic education. However, beyond the issue of education, he believes that universities allow spending time with similarly aged people before entering the professional world.

According to Elon Musk, nowadays it is possible to learn everything for free, and the crypto sector seems to be a prime example of this. 

Universities and crypto

It is only recently that universities have begun to provide knowledge and expertise related to innovative decentralized cryptocurrency technologies, despite the fact that these have actually existed for more than 10 years now. 

However, it should also be noted that the current situation, with most people finding out about cryptocurrency technologies on their own and online, does not seem to have borne much fruit over the years. 

On the one hand, not many people are properly informed about these topics, while on the other, the number of actual experts is very small

What is proliferating instead are fake news, scams and misconceptions, probably because of the considerable amount of misinformation that can easily be found online. 

It is often too difficult for those who have not already got into this world to distinguish facts from fantasies, or rather reality from lies, and perhaps a deeper and more structured training activity could help brush away a lot of ignorance. 

It must be said that, although very few experts have a specific academic background in this field – perhaps none to date – many still have an academic background, sometimes in related fields, such as finance or information technology. 

Still, in this specific field, all those who want to become experts must, sooner or later, rely on self-training or specific courses that are not offered by universities.

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 11 thousand subscribers.

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