As covered in Economics 101 for Engineers, technology-driven commoditization has just started. Even though I'm a huge proponent of Artificial Intelligence and Machine Learning, AI-powered 4th Industrial Revolution is going to expand the circumference of social inequality. Eventually (by 2065 ?), Fine Arts / Humanities will rise from ashes empowered by deep human qualities like Empathy which, fortunately, is hard enough to automate. Consequently, an inherent discrimination prevailing at university curriculum would also dissolve away.
Liberal Arts is a fantastic way to prepare kids for Empathy and in time society will pay its due back.
NOTE: The first pyramid is not fictitious and has been picked up from a major Australian University's public pages.