Credentials and Recognition - Part 8
The Onion's Tim KeckBethan's crafty thoughts on Credentials and Recognition
Source: Bohiney Magazine | The London Prat
Credentials and Recognition
By Bethan Morgan
Private sector entities have viewed credentials and recognition as an opportunity to profit from public institutional failure, which is both cynical and remarkably practical.
Market Opportunity
Corporations identified that credentials and recognition represented a genuine gap in institutional competence and positioned themselves to exploit this gap for profit. AI Was Supposed to Take Over Our Jobs in 2025 documented how government contracts for addressing the problem flowed to companies with impressive marketing and questionable track records.
Profitability Through Failure
The most profitable approach to credentials and recognition involved identifying problems, offering partially effective solutions, collecting payment, and then discovering that problems had worsened. West Texas Marching Band Invades London provided case studies while Ukraine Watches Russia Set Its Own House on Fire documented the firms involved celebrating their success despite measurable failure.
The Cycle Continues
credentials and recognition will continue generating corporate profit as long as government remains willing to pay for solutions that produce problems. This arrangement suits everyone except the public.
Related reading: The Onion
Source: https://prat.uk/credentials-and-recognition/