I’ve been a faculty member at several different universities since 2009 and have lectured far longer than that. I care about these institutions. They’re part of the American heritage, and in many cases, they’re a gift to the world. But we live in fast-changing times, and universities do not change fast. I’m worried about our colleges. How do we reimagine universities in the Era of AI?

I have some ideas about this, and if you’re currently associated with a college, you will hate them.

To begin with, my thesis is that in the AI Era, universities will fail (and are already failing) to prepare students for many careers. Change isn’t just knocking; it’s kicking down the door, raiding your fridge, and redecorating your living room. There has to be a radical reimagining of the university education that matches the radical disruption of our times.

First, let’s get a few things off the table. If a student attends college for the social aspects or to spend a few years maturing, today’s university system is fine. If a student attends for a purely academic pursuit without any thought of employment, they will thrive in the system we have today.

But I assume most students attend college to launch a career. And that’s where the problems begin.

I’ll break down the problems one by one before offering some solutions.

Organization

I’ve talked to many leading authorities in the tech space — people right in the middle of AI development in Silicon Valley. And I’ve asked them, “How would you prepare young people for a career with the amount of disruption occurring?” Without exception, the answer is, “I don’t know.”

This presents an existential problem because universities are generally organized by career choice: engineering, teaching, art, journalism, etc. But if nobody knows what future careers look like, how can you organize based on jobs that won’t exist as they do today? Except forestry. That might be safe for awhile. But you get my point. Many job categories are rapidly evolving and fluid right now (especially marketing).

The future of education isn’t about preparing for a specific job. It’s about preparing for anything and everything. It’s about teaching students to surf the waves of change rather than trying to build sandcastles on a beach that’s shifting before our eyes.

Speed

A university professor friend of mine recently lamented that it has taken two years to get a new class approved. The glacial pace of change at universities is legendary and … stupid. The bureaucratic lunacy of universities is so well-known that I don’t have to explain further why this culture is a death sentence in an AI world.

Economics

Universities are proud of their park-like campuses and ancient limestone buildings bolted to the center of the earth. While taking selfies in front of Old Main might enchant the alumni, the fact is, you can get a superior education today without that legacy overhead.

If you had to bet on disruptive innovation coming from somebody in a co-working space versus a person who has to spend part of their time fundraising for the Psychology Building renovation … well, it’s not even a race.

The economics for students is even worse. The average four-year education in the U.S. is $160,000 (tuition only). Why does every major need to be completed in four years? Well, somebody has to pay for those limestone buildings. If you step back and look at it, it’s a ridiculous model. No matter the major or career aspiration, it’s four years. Huh?

Any new vision for universities must include significant cost and time reductions enabled by technology.

Faculty

The purpose of the university faculty has been to dispense information. However, universities are no longer the gatekeepers of information. When information is free and abundant, colleges have to reinvent themselves in the context of a new job to be done — eternal relevance. This is a radical idea, but in my estimation, it is the key to the future of colleges.

And the tenure system … don’t get me started. Let’s just say there is almost no incentive for tenured faculty to change and stay current. The stories of lazy, irrelevant faculty I could tell you are shocking, but I won’t embarrass anyone.