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http://chronicle.com/blogPost/Bill-Gates-Predicts-Technology/26092/
August 9, 2010, 12:00 PM ET
Bill Gates Predicts Technology Will Make 'Place-Based' Colleges 
Less Important in 5 Years

By Jeff Young

'Place-based colleges' are good for parties, but are becoming less 
crucial for learning thanks to the Internet, said the Microsoft 
founder Bill Gates at a conference on Friday.

"Five years from now on the Web for free you'll be able to find 
the best lectures in the world. It will be better than any single 
university," he argued at the Techonomy conference in Lake Tahoe, 
Calif. "College, except for the parties, needs to be less 
place-based."

An attendee captured the remarks with a shaky hand-held camera and 
posted the clip on YouTube.

"After all, what are we trying to do? We're trying to take 
education that today the tuition is, say, $50,000 a year so over 
four years—a $200,000 education—that is increasingly hard to get 
because there's less money for it because it's not there, and 
we're trying to provide it to every kid who wants it," Mr. Gates 
said. "And only technology can bring that down, not just to 
$20,000 but to $2,000. So yes, place-based activiy in that college 
thing will be five times less important than it is today."

Earlier at the same conference, another tech luminary predicted 
that printed books will soon be rare luxury items, and e-books 
will be the norm. That prediction came from Nicholas Negroponte, 
chairman emeritus of the Massachusetts Institute of Technology's 
Media Lab and leader of the One Laptop Per Child effort to build 
low-cost laptops for education.

"People will say ‘no, no, no’—of course you like your libraries,” 
he said, according to a report in TechCrunch. He said that in a 
recent report, e-book sales on Amazon outnumbered hardcover books 
sold through the online bookstore. "It’s happening. It's not 
happening in 10 years. It’s happening in five years," Mr. 
Negroponte said.

That's a lot of change in five years, at institutions not known 
for sudden movements. But the crystal ball is always good for 
discussion, so share your reactions in the comments.

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