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- 💼 Skills > Degrees
💼 Skills > Degrees
Plus: 💧 Hydrogen's Billion-Dollar Boost, 💬 Say Hello to Threads
💼 The Shift in Hiring Paradigm: LinkedIn's Strategy to Prioritize Skills over Titles and Degrees
LinkedIn wants to change how people get hired.
LinkedIn is betting that employers will eventually focus more on applicants’ skills than their degrees and previous job titles.
The job-networking platform has already revolutionized the job market and could expand economic opportunities for those without college degrees.
While many employers still prefer to hire college graduates, the tight job market has forced them to broaden their search.
LinkedIn’s skills-matching feature, launched in February, is being used by 45% of recruiters. However, verifying soft skills like communication and teamwork remains a challenge.
Until there is a certification system for these skills, employers will have to take the applicant’s word for it.
💧 Hydrogen: A Promising Solution or Overhyped Mirage?
Hydrogen is hot right now.
It’s a clean fuel that can help reduce greenhouse gas emissions, especially for hard-to-decarbonize sectors like steel, cement, and transport.
There are over 1,000 hydrogen projects happening around the world, with more than $320 billion in potential investments by 2030.
Hydrogen startups and firms have raised $8 billion in the past year from venture capitalists and private equity.
But is it too much? Some people think there’s a hydrogen bubble, and that some of the hype is overblown. Some companies have also been accused of exaggerating their claims.
Even with all the hype, hydrogen is not a magic bullet, it’s still expensive to produce, transport, and store. It also needs a lot of renewable power to make it truly green.
It also faces competition from other low-carbon technologies, like batteries and biofuels.
💬 Threads Hits the iOS App Store: Instagram's Ambitious Move Against Twitter
Instagram has a new app that wants to take on Twitter. It’s called Threads, and it’s coming to the iOS App Store in the U.S. on July 6.
Threads is a place where you can chat with your Instagram friends and followers about anything and everything.
You can follow and connect with your favorite creators, or build your own fan base. You can also like, comment, repost, and share posts, and choose who can reply to them.
Threads is a separate app from Instagram, but it uses your Instagram contacts. That means you don’t have to start from scratch like you would with other Twitter rivals like Spill, Bluesky, and Post.
Those apps got a boost this weekend when Twitter was having some issues. But Threads might have an advantage since it already has a huge network of users.
Meta, the company behind Instagram, has tried to make other apps before, but most of them failed. Will Threads be different? Will it be able to challenge Twitter? Or will it be another flop?