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The Missing Pieces of the Skills Economy are the Skills and the Economy
Matched: AI
The "skills economy" is gaining momentum due to AI, rising college costs, and shifting labor markets, but lacks a shared definition. Skills aren't fixed widgets in a taxonomy — their value is contextual and changes over time. Three distinct meanings of "skill" (economic value, institutional accountability, and foundational learning components) are routinely conflated. What's missing isn't better skill definitions but infrastructure allowing two parties to assess whether a skills match justifies a transaction, supported by portable, evidence-backed credentials.