People end up working and not contributing when they are attracted by the outer glamor of some jobs!

Industry itself does not provide graduates with a vision for their life.

Twenty years ago, an earlier generation pretty much knew what they were going to do with themselves – that they are going to join a particular company and they are going to spend the next twenty years there.

Today when people join IT, they don’t know what is going to happen to them 3-4 years down the line. They know vaguely that they are going to go abroad, they are going to earn more money, come back, etc. This vague feeling means that five years down the line, those same bright graduates feel trapped in jobs that they have no business doing. For example, you find that extremely bright individuals go to fields like IT because of the glamour of fields like this. Five years later they are only doing “coding”.

In case they had gone to some other field they could have been making genuine contribution.

There is a difference between “working” and “contribution”. Most people end up “working” not “contributing”.