Venture Capitalists And Universities Rush To Online Education
The amount of waste and duplication in education is huge. Why should tens of thousands of explain calculus every year? Why not just record the lectures and use all live teaching labor for Q&A sessions?
When universities and colleges start doing massive layoffs think of it as the freeing up of a dwindling supply of high IQ labor.
via ParaPundit: Venture Capitalists And Universities Rush To Online Education.