On Thu, Jun 21, 2012 at 1:54 PM,  <[email protected]> wrote:
> This is bullshit and they know it.
>
> An "elite" eduction is a scarce good. Otherwise, it's not "elite."
>
> It's not about what you learn; it's about who is sitting next to you in
> class and who his parents are.
>
> At the point where millions of students can get an elite degree by way of
> the internet, the elite degree will be worthless.



All of this is true, but beneath all this hype there is some substance
which I think really is interesting and potentially revolutionary. The
Harvard/MIT EdX initiative really is exciting. Already the open
courseware initiatives of various institutions have created a treasure
trove of very high quality educational content, which really has the
potential to benefit the whole world.

I personally have enormously enjoyed various UC Berkeley lectures
especially a couple of exceptional classes on the History of Physics
by historian Cathryn Carson and Natural Resources and Population by
geographer Nathan Sayre:
http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=354823453


There will always be elite institutions and elite degrees of course,
but these institutions are doing a very, very good thing with their
online efforts.

We can only hope that some idiot Goldman Sachs partner does not ruin
it all with some hare-brained "business plan".
-raghu.
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