You clearly don’t think the system of academic education produces much of use. What would you put in its place?

Funding and research should go to the jockey, not the horse – to individuals, rather than to universities that don’t produce anything other than to justify their own existence. It’s quite simple: people don’t realise that most technology didn’t come from academic research. We can show mathematically that trial and error is 10 times more effective than knowledge.

via Nassim Taleb on the importance of embracing unpredictable events | South China Morning Post.