Indeed, I have this theory that many of the top professionals who are at the top 5% in their field are leaving those industries because they are tired of doing all the constant required continuing education to keep their licenses current. If all the smartest and best professionals decide that all this busy work is destroying their productivity and time, therefore making it not worthwhile anymore, then the only people who will be left will be those people who are perhaps not as smart, or not is qualified in the field. It is well-known that people of lower intelligence level are quite satisfied doing mundane and repetitive tasks.
Now then, I can tell you that any professional or just about any field realizes that the government has them continually filling out forms. It is something that is very boring, repetitious, and causes nightmares. Not to mention the fact that it takes up all of their time, worse the government wishes to make sure that everyone fills out the forms properly, and therefore everyone in the profession must study as per the new regulations so they know how to do it, supposedly to perhaps stop fraud, or ensure that everyone pays the taxes they are required to file.
All this continuing education is destroying productivity at a time when productivity should be sky high thanks to the use of computers, personal tech devices, and the abundance of information and digital resources, but that’s not happening. Yes, we are getting a productivity boost, but then we are taking it all away from everyone with all the ongoing education. It almost seems criminal as it is stealing people’s time. Perhaps it is safe to say that constant ongoing education for a professional career is now a given, and it is a certainty.
Unfortunately, there are far too many new young regulators who couldn’t get a job with their law degree so they go into government work instead. Apparently, they wish to change the world but they’ve never been in private practice, nor do they understand the business side of things. They wish to micromanage everything so it is easy for them to do their job, scan all the data and records quickly, and weed out all the anomalies who might be fraudsters.
That’s all well and good, but you can’t regulate morality, people will always find a way around rules, but in the interim we are destroying productivity, and causing the very best of breed in every industry to retire early, or decide to go do something else. Indeed I hope you will please consider all this and think on it because we don’t fix it it’s only going to spiral out of control, as it becomes a self-fulfilling prophecy – that is to say the dumbest people remain in the industry, and they are the same people that make the most mistakes, because all the smart people are leaving or have already left.