I'm confident then about the potential of technology-enabled learning. However, I’ve grown increasingly less confident that the institution of higher education can play a major role in realising this potential. Evidence is mounting that the institution of higher education, as it is currently designed, is largely ill-suited to developing and leveraging more advanced uses of technology for teaching and learning. And given the institution’s near monopoly on widely recognised adult education in much of the West - higher education is likely inhibiting the development of more advanced forms of instructional technology and media, as well as new ways to bring these new forms to people at lower costs.
The growth of alternative education and training providers continues. Companies like Udemy, Udacity, Codecademy, Fulbridge and General Assembly appear to be settling in for the long run and are expected to be a significant component of the expanding learning eco-system for adults.
We can interpret the rise in production value of MOOCs as a sign of what's to come for all of online higher education, or as merely an aberration - a by-product of the one-upmanship that characterized the response by elite institutions to the onset of MOOC-mania. I would argue that it's the former - for two reasons.
:: The second piece of the series, "Internet Economics" can be found here: Scale, Economies of Scale and Online Higher Education. The third piece of the series, "Internet Economics", can be found here: The Network Effect and Online Higher Education. :: It's not often you hear a reference to the "economics of the internet" at conferences held on … Continue reading Notes on Internet Economics and Online Higher Ed
:: Most people are familiar with economies of scale, which we discussed in a recent post. The Network Effect sometimes called “Metcalfe’s Law”, is less well-known, but equally relevant if we want to understand how the unique economics of the Internet are influencing higher education. The concept of economies of scale is concerned with the … Continue reading Notes: The Network Effect and Online Higher Education
:: The first piece from the series, Internet Economics”, can be found here: Internet Economics and Online Higher Education. The third piece from the series, Internet Economics", can be found here: The Network Effect and Online Higher Education. :: The "iron triangle" of cost, quality and access in higher education has seemed, at times, unbreakable. … Continue reading Scale, Economies of Scale and Online Higher Education
It has often been suggested that higher education is undergoing the changes we've seen unfold in other sectors - notably music recording and journalism. The Internet will do to us what it did to them. Apparently, we won’t like it. "Look at the music industry. It's been completely overturned by the Internet. My vision of the … Continue reading Higher Education is Not a Newspaper (Except when it is)