The extent that specific knowledge is taught, it's on the job, it's through apprenticeships,

and that's why the best business is the best careers or the apprenticeship careers, because

those are the things the society still has not figured out, how to train and automate

yet.

The classic line here is that Warren Buffett went to Benjamin Graham when he got out of

school, and Benjamin Graham was the author of the Intelligent Investor, and sort of modernized

or created value investing as a discipline.

And Warren Buffett went to Benjamin Graham and offered to work for him for free.

And Graham said, actually, you're overpriced, free is overpriced.

And Graham was absolutely right, that when it comes to a very valuable apprenticeship,

like the type that Graham was going to give Buffett, Buffett should have been paying

him a lot of money.

And that right there tells you that those are skills worth knowing.

Specific knowledge also tends to be technical and creative.

So on the bleeding edge of technology, on the bleeding edge of art, on the bleeding edge

of communication, even today, for example, there were probably meme lords out there on the

internet who can create incredible memes that will spread the idea to millions of people.

Or very persuasive, like for example, Scott Adams is a good example of this.

He's essentially becoming one of the most credible people in the world by making accurate

predictions through persuasive arguments and videos.

And that is specific knowledge that he has built up over the years because he got obsessed

with hypnosis when he was young.

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