If even top MBA grads are struggling with jobs... what is the degree actually worth now?

I have been seeing a lot of data and anecdotes lately about MBA grads (even from top schools) taking longer to land roles or not ending up where they expected. Which is weird because the whole point of an MBA was supposed to be "clear signal predictable outcome". You invest 1-2 years + a lot of money, and in return the market

knows how to place you but that "reliability" feels a bit shaky now.

At the same time, I'm seeing newer programs (like Tetr's MIM / Minerva College / Babson FME) that are more focused on building real markets, actual

execution alongside learning ;not saying one is better, just feels like they're optimising for completely different things 1/ MBA = structured, signalling, career

transitions

2/ newer programs = building, exposure, less predictable outcomes

So now I'm confused how to think about it is the MBA still the safest bet? or are we moving toward a world where outcomes depend more on what you've actually built vs

what degree you have?