This is almost exactly what happened in the US a hundred-plus years ago. The fallout vastly improved medical education overall, but also ossified the field into a modern fortress of protectionism that hurts the public by ignoring the supply part of supply and demand, but also hurts the clever (and typically already privileged in most ways) young people who manage to get med school, by saddling them with huge amounts of debt and grinding them into powder for the first decade of their career. I also subscribe to the theory that the hypercompetitive selection process results in too many doctors who are not well-rounded or particularly good at processing information outside their fields, but are told over and over again that they’re too smart to have any blind spots. If you have the right credential and especially if you’ve made enough money with it, society does the Dunning-Krugering for you.
This is almost exactly what happened in the US a hundred-plus years ago. The fallout vastly improved medical education overall, but also ossified the field into a modern fortress of protectionism that hurts the public by ignoring the supply part of supply and demand, but also hurts the clever (and typically already privileged in most ways) young people who manage to get med school, by saddling them with huge amounts of debt and grinding them into powder for the first decade of their career. I also subscribe to the theory that the hypercompetitive selection process results in too many doctors who are not well-rounded or particularly good at processing information outside their fields, but are told over and over again that they’re too smart to have any blind spots. If you have the right credential and especially if you’ve made enough money with it, society does the Dunning-Krugering for you.