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#92: Are universities failing to prepare students for jobs? | Stephen Cognetta (Co-founder @ Exponent, ex-Google)

Jan 12, 2026
Stephen Cognetta, co-founder of Exponent and former Google employee, dives into the evolving role of education in the age of AI. He discusses how traditional universities lag behind job market needs and how students view school as a job pipeline. Cognetta explores the changing value of lectures in light of AI's capabilities and argues for experiential learning over passive education. He emphasizes the importance of interview preparation over classroom attendance and highlights the significance of domain experience as a crucial hiring signal.
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INSIGHT

Universities Turning Into Job Pipelines

  • Universities are becoming job-placement pipelines as students prioritize immediate employment over broad education.
  • AI tools make lectures and content widely accessible, forcing professors to provide unique experiential value.
ADVICE

Buy Signals, Not Just Courses

  • Career centers should buy high-ROI external training when curricula can't adapt quickly enough.
  • Prioritize services that demonstrably increase placement rates and student satisfaction.
ANECDOTE

Placement-Obsessed Finance Master's

  • Ben describes a finance master's program that tracked placement rates obsessively and filtered for applicants early.
  • That program focused on real-world signals and delivered very high placement outcomes.
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