Why are the fastest-growing industries the worst investments?

Ed-Med the fastest-growing jobs sector and the worst sector to invest in

Ed-Med is famous for being impossible to revolutionize (yet always tempting!) is it a tar pit? Veritasium points out education is always under threat of revolution, but never happens. Peter Thiel famously says ed-med never works as a sector to build companies and innovation in. Look at the rate of hire in administration in these secotrs. Then see the price of the product exceeding inflation every year, but not actually becoming a more valuable product. (Partly due to government allowing them to charge whatever they want for the product- thus no incentive to make a better one)

Both are subject to pseudo-government status and subsidies. (like tax prep industry would not exist if govt wanted to “solve the problem of collecting taxes”, but instead they sustain the “industry”)

Is it that government interferes to MAINTAIN the problems inherent in both industries? Government usually interferes to provide protection. Health insurers going bankrupt becomes a govt issue when the govt gurantees health insurance.

Contrast with personal training or exercise books or crossfit gym memberships Contrast with Palantir, which is govt, but a govt incentivized to actually buy better products.

What is a better insurtance product? lower cost for the same “de-risking”/“coverage”/‘protectioin". Or: better control over selected risk taking and cost (just get a consortium of 10 of your freinds to pool funds in case 1-3 of you has an accident): is the predictability better in one set up vs another? Are their antifragilities you can invest in? When would the insurance product become better when it is shocked? new data leading to new predictions?