As artificial intelligence reshapes industries and education, billionaire investor Mark Cuban and entrepreneur Peter Diamandis are clashing over whether traditional college degrees still justify their soaring costs.

Diamandis Questions The Value Of College Degrees On Friday, Diamandis took X and argued that universities charge students roughly $300,000 for degrees that teach skills large language models can now perform at little to no cost.

"Hot take: Universities charge $300,000 for a degree that teaches you skills any LLM can do for free," Diamandis wrote, questioning whether higher education may represent "the greatest individuals misallocation of capital in recent history." Hot take: Universities charge $300,000 for a degree that teaches you skills any LLM can do for free.

At some point we need to have an honest conversation about whether higher education is the greatest individuals misallocation of capital in recent history.— Peter H.

Diamandis, MD (@PeterDiamandis) June 5, 2026 Read Also: Broadcom CEO Hock Tan Says AI Isn't Hurting Software Business: 'We're Not Seeing It' Cuban Says AI Cannot Replace Human Skills And Accountability In response, Cuban agreed that college costs have become "ridiculous and extortionary," but pushed back strongly against the idea that AI can replace the broader experience of higher education.