9 Aug 2026, Sun

Davidson College President: Is college worth it? Take a look at a new answer | Fortune

The specter of machines taking over human labor is not new. Economist John Maynard Keynes, in his 1930 essay "Economic Possibilities for our Grandchildren," famously coined the term "technological unemployment" – the loss of jobs due to efficiencies gained through innovation. Keynes envisioned a future where humanity might struggle with an abundance of leisure rather than scarcity, a concept that feels eerily relevant today. History is replete with examples of such shifts: the automatic textile loom of the Industrial Revolution displaced countless weavers, the assembly line transformed manufacturing, and the internet upended industries from retail to media. In each instance, certain jobs vanished, but new ones, often requiring different and higher-level skills, emerged. The key to navigating these transformations has always been adaptability, continuous learning, and the capacity to pivot.

Today, AI presents a unique challenge, distinct from previous technological revolutions. Unlike earlier automation that primarily targeted manual or highly repetitive tasks, modern AI, particularly with advancements in machine learning and large language models, can now perform sophisticated cognitive functions. This includes data analysis, content generation, translation, customer service, and even some diagnostic tasks previously considered exclusive to human intellect. Reports from leading organizations underscore this transformative potential. The World Economic Forum’s "Future of Jobs Report" consistently highlights significant job churn, predicting millions of jobs displaced but also millions created, emphasizing the imperative for reskilling and upskilling. McKinsey Global Institute, in its research on AI’s impact, has estimated that automation could displace tens of millions of workers globally, while simultaneously boosting productivity and creating new types of jobs focused on developing, deploying, and maintaining AI systems, or roles that leverage uniquely human creativity and interpersonal skills. The jobs most vulnerable are those characterized by predictability, routine, and a lack of complex human interaction or ethical judgment. Conversely, roles requiring abstract thinking, emotional intelligence, strategic decision-making, and creativity are expected to flourish or be augmented by AI.

In this evolving landscape, corporate executives are articulating a clear vision for the skillset they require. When discussing the demands of an AI economy, they consistently emphasize capabilities that transcend mere technical proficiency. They seek individuals who possess the ability to ask incisive, often unconventional questions that AI cannot yet formulate; to analyze seemingly unrelated problems and identify profound connections; and to collaborate effectively within diverse teams, engaging with a spectrum of coworkers and customers. These leaders often state that technical skills, while important, can be taught on the job or acquired through specialized training modules. What they desperately need are team members endowed with the capacity to discern what is genuinely valuable, correct, and true amidst an overwhelming deluge of information, much of it potentially AI-generated or biased. This discerning capacity, coupled with strong ethical reasoning and problem-solving, proved invaluable when algorithms took over stock trading in the early 2000s; college-learned skills enabled one-time floor traders to successfully pivot into wealth management, leveraging their analytical and interpersonal abilities. The same durable skills offered resilience and adaptability during the dot-com bust and the Great Recession, allowing graduates to navigate turbulent economic waters.

And these are precisely the skills and perspectives cultivated through a liberal arts college education. Full disclosure: I serve as president at one such institution, Davidson College. A liberal arts education is not merely a collection of humanities courses; it is an overarching pedagogical philosophy that emphasizes a broad general education across the humanities, social sciences, natural sciences, and arts. Its core mission is to develop critical thinking, analytical reasoning, effective communication, and ethical judgment. Through rigorous engagement with diverse subjects, students learn to approach complex problems from multiple angles, synthesize information from disparate fields, and articulate their ideas persuasively, both orally and in writing. They are trained not just to consume knowledge, but to question, to analyze, and to create it. This approach fosters intellectual curiosity, adaptability, and a deep understanding of human nature and societal dynamics – qualities that are inherently resistant to algorithmic automation. The success of this model is tangible: six months after graduation, an impressive 95% of Davidson’s class of 2025 were either employed or enrolled in graduate school, demonstrating strong immediate career outcomes.

This perspective is not confined to academia; it resonates deeply within the tech industry itself. Earlier this year, The Wall Street Journal convened five luminaries from the AI sector, representing powerhouses such as Anthropic and Microsoft, to discuss their advice for their children regarding college education and careers in an AI-driven world. Strikingly, two of these leaders specifically recommended liberal arts colleges. The other three offered descriptions that sound like a dictionary entry for graduates of these institutions: individuals who are broadly educated, human-focused, capable of critical thinking, adaptable in the face of rapid change, and ready to challenge established ideas. Caroline Hanke, Global Head of Organizational Growth and Health at software giant SAP, articulated this perfectly to the newspaper: “The technical skills relevant for today are not going to be relevant even two years from now. It really is more soft skills – critical thinking, adaptability. Also ethics – where human judgment comes into play.” Her emphasis on ethics highlights a crucial domain where human wisdom remains indispensable, as AI systems grapple with inherent biases and the complexities of moral decision-making.

Liberal arts colleges generally boast smaller enrollments, often in the low four digits, which intentionally fosters a strong sense of community and enables invaluable mentoring relationships between students and faculty. This intimate environment supports personalized learning, encourages active participation, and allows professors to guide students in developing not just intellectual prowess but also character. Davidson’s mission statement, for example, explicitly includes cultivating "humane instincts" and preparing students for "lives of leadership and service." These are not merely academic ideals but practical frameworks for engaging with the world. Daniela Amodei, President and Co-founder of Anthropic, echoed this sentiment in The Wall Street Journal article, stating, “I might orient my kids toward more socializing and understanding, how they relate to people in their own unique way.” This speaks directly to the development of emotional intelligence, empathy, and interpersonal skills – capacities that AI, despite its advances, struggles to replicate authentically.

The real-world trajectories of Davidson College alumni vividly illustrate the enduring value of a liberal arts education. Consider Erika Dean, a 2005 Davidson College graduate who earned a degree in Spanish. Her career path exemplifies adaptability and the power of transferable skills. She began at Bank of America, went on to law school, and rather than pursuing litigation, she now serves as a Global Product Lead at Google. Her bachelor’s degree in a foreign language might surprise some of her colleagues, including PhDs in engineering, but the leadership and communication skills, coupled with cross-cultural understanding, she honed at Davidson enable her to effectively lead and "course-correct" teams composed of individuals with highly diverse backgrounds and credentials. Her ability to translate complex ideas, mediate conflicts, and inspire collaboration is a direct outcome of her liberal arts training.

Brian Fork, a 2001 Davidson graduate, provides another compelling example of an exploratory yet highly successful career path. He started as a football coach, demonstrating early leadership and team-building skills. He then pursued a law degree, going on to win high-profile cases at a prominent law firm, showcasing his analytical acumen and persuasive communication. His career then pivoted into public service, where he rose to the top staff job in the North Carolina state Senate, navigating complex political landscapes and managing diverse stakeholders. Since 2024, he has served as the CEO of the Carolina Hurricanes, leading the team to a recent Stanley Cup victory. Fork’s journey underscores how a foundational education in critical thinking, strategic planning, and effective communication—hallmarks of a liberal arts degree—can empower individuals to excel in vastly different and demanding fields, continuously adapting and leading with distinction.

Higher education has served students and societies for over 1,000 years, proving its remarkable resilience and adaptability through countless epochs of change. It has consistently added value over time, through the advent of the printing press, which democratized knowledge, to the telegraph, telephone, television, and the internet, each of which fundamentally reshaped how information is created, disseminated, and consumed. While the institutions of higher education may shift slowly, they undeniably adapt, evolving curricula, research priorities, and pedagogical methods to meet the needs of a changing world. In an era increasingly defined by the proliferation of "fake news" and sophisticated artificial intelligence, the need for robust critical thinking, ethical frameworks, and a deep understanding of our great moral and social traditions becomes paramount. These traditions guide us to discern what is real, what is true, and what is genuinely human. Liberal arts colleges, by placing these inquiries at the heart of their educational mission, provide graduates with an unparalleled foundation of stability and adaptability, equipping them to thrive not just professionally but personally in an AI-driven and often politically charged environment. At this moment of unprecedented technological transformation, a liberal arts education delivers an incredible, enduring ROI, preparing graduates not just for jobs, but for meaningful lives of impact and leadership.

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