Did we “overdo” the emphasis on university – and leave young people facing a jobs crisis as a result? That’s what Larry Fink, the chair and CEO of BlackRock, the world’s largest asset management company, reckons.
In a recent interview with the BBC, the billionaire businessman said that we have spent decades idealising office jobs in industries such as finance and law, while undervaluing skilled trades. But now, as developments in AI are putting junior jobs at risk, Fink believes that “we need to now rebalance that approach” and recognise that a career as a plumber or an electrician “can be just as strong”.