95% of why a college degree is valuable is for the signal "hey I went to uni of X degree of prestige [and therefore am probably of Y degree of intelligence/ambition]".
Why do young Americans need to spend $100k just to signal their iq level to employers?
Why do young Americans need to compete with each other to do so?
Maybe to get into Harvard you need iq > 130. As the population grows, there are more kids with iq > 130, but # of Harvard seats does not increase.
There needs to be a low cost and widely accepted way to signal iq that does not create unnecessary competition and cost for people starting out.
Also with AI coming along the corporate obsession with iq will be obviated as well. Nobody gives a shit how well you did on the SAT when goddamn Skynet can diagnose 5000 medical conditions per second with quadruple human accuracy.