The speaker suggests shifting DEI initiatives in corporate America from race and gender-based affirmative action to a skills-based assessment. They argue that focusing on skills over certifications can level the playing field by providing equal opportunities to all, regardless of socio-economic backgrounds. By implementing skills-based assessments for job placements, corporations can address privilege disparities and create a more equitable professional environment. The speaker emphasizes the importance of breaking the connection between certification and privilege, advocating for a system that rewards abilities and talent rather than academic credentials tied to wealth.