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Full Video : The Myth of a Stable Future: What It Costs You || Acharya Prashant (2025)

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#AcharyaPrashant #EngineeringCrisis #ITBubble #CareerChoices #LehmanCrisis2008 #TCS #Infosys #Wipro #TechMahindra #EducationSystem #MoneyVsMeaning #MarginalUtility #YouthAnxiety #CareerReality

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Transcript
00:00In the Hindi heartland, engineering colleges came up after phase lag.
00:05The south was already ahead.
00:06Then the north tried to catch up and suddenly thousands of seats were created.
00:11Several, several, several thousands seats in IT and commscience.
00:14Because the legend came riding the winds.
00:18There are these three, four, five companies, TCS Infosys, Wipro at that time,
00:23Satyam also and a few others, Tech Mahindra and all.
00:25They hire in droves.
00:28They bring huge trucks and carry away the entire lot.
00:32And then came the Lehman crisis of 2008.
00:35And after that, there was an IT shock.
00:37So all the capacity that was created between the years 2000 and 2008 was now laid waste.
00:44And I have seen how students ran away even without completing their four-year course.
00:49When they found that this is not taking them even to Beharaij, let alone Bangalore,
00:54they ran away without even...
00:58From an angle, it looks perfectly normal.
01:00But from where I am looking at it, it looks very loveless.
01:04Yes, I understand money is a basic need.
01:06But we also know that the point where money stops mattering in a big way anymore comes pretty early.
01:18So yes, we need money.
01:19But fear has seeped so deeply within us that we just cannot see beyond money.
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