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Udacity: Sebastian Thrun: Lifelong Learning and Trustworthy Credentials
Growing need for lifelong learning and credentials Sebastian Thrun’s essay “Credentials that work,” published in McKinsey on Society in May 2014, discusses the 21st-century workforce’s growing need for lifelong education and credentials. McKinsey estimates that by 2020, there will be demand for 40 million high skilled workers. Sebastian Thrun believes that online education can help to bridge the gap between skills, trustworthy credentials, and jobs. Read on for his thoughts: There is a growing mismatch between the skills most people have and the skills they need to land a job. At a time when the world is experiencing record levels of youth unemployment, the number of vacant positions is steadily increasing. McKinsey estimatesthat by 2020, the global economy could face a shortfall of up to 40 million college-educated workers, or 13 percent of total demand for such workers.Developing economies could experience a shortage of 45 million workers with s…