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Are Universities Going the Way of Record Labels? - Martin Smith - The Atlantic - 2 views

  • This last decade of the music industry presages the coming decade of education. Choice is expanding at every level, from pre-k to graduate school. The individual course, rather than the degree, is becoming the unit of content. And universities, the record labels of education, are facing increased pressure to unbundle their services. So what will the future of education look like?
  • The price of content will freefall over the next seven years.
  • Education will be personalized.
    • anonymous
       
      This substantiates my prediction that learners will be "knowmads" roaming the content landscape and collecting what they want and need.
  • ...6 more annotations...
  • The supply of learning content will swell.
  • With learning content available on demand, students will increasingly be able to build degree programs from a wide variety of institutions offering particular courses.
  • Students are the big winners here.
  • Existing institutions with large endowments will become the record labels: platforms that invest in great talent.
  • And distribution platforms that curate content will do well, commanding both economies of scale and scope.
  • In education, a cohort of new entrepreneurs and existing institutions will greatly increase personal choice for all of us.
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