The 2024 Federal Reserve Bank of New York labor report offers a snapshot of the market just before artificial intelligence began its widespread disruption. This dataset reveals a labor market where traditional degree paths already showed significant strain. Underemployment among recent graduates reached nearly forty percent across all majors. This statistic captures individuals working in roles which do not require a college degree. As artificial intelligence moves from specu

A well-known parable describes a policeman who finds a drunkard searching for his keys under a streetlamp. The policeman asks where the man dropped them. The man points toward a dark alley. "Then why look here?" the officer asks. The man replies, "Because the light is better." This "Streetlamp Parable" illustrates observational bias. It describes our tendency to search for answers where data is easiest to find rather than where truth actually resides. To navigate this bias, I

America’s Entrepreneurial DNA America has always been a fertile ground for entrepreneurs. From the earliest days, our founders were not...