knowledge is knowledge, no matter where you obtained it. However, the connections you make during college is sometimes quite important, as they are the windows of opportunity that aren't available to the non-connected. E.g., if you have a friend in the same class, then they are more likely to refer you to their company if you are in need of a job (later in life). Or if they are already rich and are investors, you are more likely to be considered to be confounders or business partners.

Shouldn't you learn economics instead of CS if you want to run business?

If you want to run an already very large business your best bet is to go in to management consulting. In that case what you study is less important than getting top grades at a top school and interviewing like a champ.

If you want to run a business that isn't but has the potential to maybe be very large then easiest way to do that is to build your own and CS has a very low bar for entrepreneurial activity.

If you just want to run any business then no degree necessary. Just work in food service and treat it like a career. Maybe do a bookkeeping course. You'll get to manage a restaurant eventually.

Sure, one can run business incompetently, but is it desirable?

Steve Jobs studied English. Ran multiple companies.

Consider many people here, who regularly complain about incompetent management.

You should check out the book The Case Against Education if you want to pull on that thread a little more with signaling. It's a compelling book for me.

Well, yes, of course it is. If someone graduated from Oxford or Harvard then the reputation will follow them for the rest of their lives. It’s bizarre really but it’s also so normal that no one ever stops to question it. Same with some companies, e.g Google, they are 100,000 people now, very far from an elite, but work there even for a few months and you will be an ex-Googler for the rest of your life.

Is it like that for other FANG companies? Which ones constitute being an “elite”?

Maybe Netflix? The others are just on a level with IBM or HP or MS or whoever now. Big tech companies staffed with average engineers. They are coasting on reputations earned when they were just a few hundred of the best engineers.

Google Facebook Netflix.

Why isn’t there an A represented here?

Doesn't carry the same weight IMO.

Why?

Don't know. But you can get better opportunities everywhere with G on your resume over Amazon. Amazon also pays way less and has worse perks in everyway. Google was known to be a great place to work. That legend carries on amongst non tech people.

Are you saying amazonians are inferior or something? Sounds out of touch and insulting to me.