Read this BEFORE you send you children to any college!-----Perpetual Disruption

A friend who works in the finance world would routinely caution his people not to get too used to high-flying salaries, or to commit themselves to lifestyles that required them going forward, because one disruption - one "better mousetrap" invented by a competitor - could knock them all back down to earth. - Peter Venetoklis

• I saw his caution play out among other friends and acquaintances, as their big bucks jobs disappeared and they had to seek other professions as a result.
• Heck, it happened to my gaggle in the 1990s, when Reagan's defense buildup ceased and a flood of young aerospace engineers moved into a range of non-engineering professions.

All this came to mind as I read about how Artificial Intelligence is killing jobs en masse in the tech sector, and drying up many of the perks for those that remain...

Such is the way of progress. 

In economics, it is called "creative destruction," and we find examples of it ranging back to the beginnings of the Industrial Revolution...