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The Degree Is Broken: Why Education Must Overhaul the Last 80 Years

Writer: Ian Gan
Ian Gan
Aug 26
2 min read


For nearly a century, the economic blueprint has remained largely unchanged: spend your youth gathering credentials, secure a stable entry-level job, and climb a predictable corporate ladder. But that model is built on an industrial-era foundation that no longer exists. Quite frankly, the last 80 years of education are outdated.


Today, job markets are shifting at an unprecedented velocity, driven most notably by the rise of Zero-Human Companies (ZHC)—fully automated businesses where advanced artificial intelligence and robotics handle core operational execution. When routine tasks are managed algorithmically, rote memorization and standard test-taking cease to be competitive advantages. They are simply commodities that machines handle better and faster.


Moving Beyond the Transcript

This structural transformation demands immediate adaptation from Ministries of Education and Institutes of Higher Learning (IHLs). IHLs must take the lead to provide tangible pathways, or their students will inevitably lose out in a hyper-competitive global economy.

The Prime Minister on 29 Jul 26 highlighted Singapore's unique position to leverage AI for job creation due to its size and strong tripartite relationship. To do that, IHLs led by MOE must do its part.

Institutions can no longer afford to function as isolated silos handing out traditional paper documents. Schools must provide 'keys', not certificates. These must be keys that can open doors to school, work, or venture opportunities—or else what good is it? A standard transcript does little good if it fails to grant actual agency in the modern economy.


Classroom realities are already outpacing old syllabi. Students regularly leverage AI models to master advanced mathematics or draft sophisticated essays in minutes. If digital tools can solve complex calculus or write a competent paper instantly, academic success can no longer be measured by who memorized the text first.



What Employers Actually Value

In recruitment meetings today, progressive employers bypass legacy metrics. A pristine Grade Point Average (GPA) signals compliance and discipline, but it does not measure grit, creativity, or emotional intelligence.


Employers must prefer likeable and resourceful employees over perfect GPAs. In fact, many industry leaders I speak with explicitly prefer candidates with a venture background because it is an indication of true independence, resourcefulness and the previous knowledge of understanding sales (which is a superpower in my view), even if that venture ultimately failed. Navigating the messy reality of building something from scratch teaches resilience, risk management, and problem-solving that no traditional lecture hall can replicate.


Educational reform is no longer a theoretical debate for the distant future; it is an immediate economic imperative. If our educational institutions fail to pivot from certifying mere memorization to cultivating resourceful, adaptable human talent equipped with real-world keys, the gap between the classroom and the workforce will become insurmountable.


About the Author: The writer is an adjunct faculty member at several SG IHLs and a practicing venture capitalist.


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