In most modern workplaces, a disproportionate emphasis is paid on having narrow skills that are marketable. While there is nothing wrong having an area of focus, one should be mindful of the perils of early specialization. There are three key reason for that.
First, we tend to specialize without knowing why. More than 80% of people work in areas that have nothing to do with their field of study. In India, for example, most students first graduate from courses like engineering and then figure out what they want to do with their lives. Spending four years of one’s life getting deep into a subject one doesn’t particularly care about is a colossal waste of time, energy and money.
Second, it hinders lateral thinking, a problem-solving approach that draws upon seemingly disparate concepts and domains. Most innovators are lateral thinkers. Their lateral thinking is a direct result of combining different strands of thoughts and learning from different contexts. Leonardo Da Vinci combined art and engineering, Steve Jobs built upon the interconnectedness of design, fashion and technology, and Richard Feynman, a Nobel laureate in physics, is known to draw upon references from music.
Third, people with a narrow set of skills tend to approach every problem through the same lens. This not only ignores loopholes in one’s hypothesis but also amplifies biases. As investor Charlie Munger puts it, “To a man with a hammer, everything looks like a nail."
If early specialization can backfire, should we all snack on an array of ideas, insights and interests? No. The future belongs to deep generalists, a term popularized by JotForm CEO Aytekin Tank. These are people who combine two or more diverse domains and integrate them into something defensible and unique. These are the professionals who will push the boundaries for creativity and innovation in the AI era. Their competitive advantage will propel them to learn, unlearn and develop innovative solutions consistently.