The only point of a modern day university is that they are (a) exclusive, and (b) "guarantee" that students "know" what they are "taught". That's at least what people who hire think. I remember someone saying "It wouldn't matter if MIT only taught basket weaving as long as they still had such a thorough selection process". This holds true here. People only care about the pedigree of your degree, it's substance comes…
That used to be the case, but now corporations require you to pass their own exam before they hire you. Let that sink in a moment. No longer are the universities taken at their word about their product.
For some of you it has never been any different, but this change came about more or less when I was teaching at university/college. Some of us saw this as a quite profound change.
In my view, that was the first signal of the beginning of the inevitable disruption of modern higher ed.