Hey, gang, and welcome to this new section. Sir, now that we've covered employment, and we've also covered technology and how that's advancing, I want to kind of get into the educational aspect because that has drastically changed over the past 20 or 30 years. Now, traditionally, you would go to high school, you would go to college or university for four years or so, then you would graduate and you would go into a full time job and this is how it was done. You know, a few decades ago and obviously still done today. But that old sort of mantra of that is being all that you would do is quite changed a fair bit. And today, across the industries, I know that it's even having a four year degree is often seen as not really enough.

A lot of them. A lot of the companies are demanding that you have even more than that something I like a master's degree, especially here in Australia. And the sort of reasoning for this, and at least in part is that the courses and the information that university levels teach nowadays is, can be quite a bit out of date. Now, this stems from the time that it takes for industry to develop and be deployed, and then the actual curriculum for that industry to be developed and applied to a university level degree. It takes quite a bit of time to do that, and especially lightly with these very quickly developing industries and technologies, there just isn't that time available to create that curriculum, that deep full level curriculum that university demands, and actually implement that as a course and that's why, you know, you just you can't go and do a course on something like drones or maybe even machine learning specifically because they just had Haven't been around for that long.

I mean, machine learning might be a little bit of a gray area because it has actually been around for a number of decades, but not in the sense of the excitement and the breakthroughs that have been happening over the past sort of five or 10 years. But putting that aside, as someone who has personally gone through and done engineering as well as science level degrees at a university level, I can honestly say that it is very, very helpful. Still, I'm not saying that you should not do a degree and just disregard them as crap or anything like that. They give you a huge amount of information in terms of the base understanding of the technology, base understanding of the industry, you know, things like where the standards have come from, why they were developed, why the processes and techniques that are used today in that industry, are they used and where they came from.

It's immensely important information to have in the back of your head. And that sort of background knowledge so that you can jump into and continue learning and continue doing your job or whatever it is that you're doing with that degree. So I'm not saying that they are useless or anything like that. I'm just trying to get across that the pace of technology has far outstripped the curriculum that universities usually offer. On top of this, learning itself has also developed and changed over the years as well. And this is what this particular part is about how learning has changed over the years.

Now, as I said, traditionally, you had that four years of university degree and that was generally it. However, now you'll do that degree, and then you'll have continuous learning you will have other types of courses as well, again, has gone from the physical world into the digital world as software. Essentially, it's everything. You have these online courses, such as from Udemy for example. That are virtual courses that teach millions around the world. And that is exactly what this course is Helio taking a virtual course.

Now, it's also once again accelerating the learning industry as teachers and lecturers aren't bound anymore by having to be physically in the same location. literally millions of students can watch the same lecture simultaneously and often for free. This new smaller barrier to teaching has also allowed for smaller, more specialized teachers to come out and teach their specific niche industry. So while a university degree might be huge, encompassing an entire industry such as telecommunications, which is what I specialized in these online courses can be a lot more niche and a lot more specific and direct. And while this can help someone who, for instance, has done a telecommunications degree get even more niche on a particular topic, Today we are interested in say, like 5g LTE technology or perhaps, you know, radio spectrum or whatever it might be, they can also be used to really narrow in on specific subjects that, you know, the person might not have that full University background level.

The other reason these are fantastic is because it enables people that either don't have the money to do those full university level degrees or simply just can't physically go to the location of the university for whatever reason, it might be, you know, just because they can't make it It might be because they're in a different country that doesn't have that type of quality teaching thought whatever the reason is, and enables those people to go online and still get at least some very good training in specific points of that they might not get that overall university level degree quality of the entire industry, but they can get very good, very specialized teachings in those special needs. sections as such as millions of these really sort of niche courses, and sometimes actually quite broad courses as well that are out there for both those people that you know, may not have originally gone to college, and also to the for those who have gone to college to, you know, broaden their skill set or develop new skill sets out there.

And it's something that can be quite useful. Like even if you have been to university or college and you want to learn a new skill, it can be something that can potentially propel your business forward because you've got this new ability to do something that you didn't have before. Or if you're not working for your own business, you're working for a company, it can give you a new skill to showcase off to your employer, and perhaps get a raise or two, who knows what, but this type of continuous learning is actually quite important, and it's part of the main section about what we'll be covering next time. have a chat with you then.