What happens to the people who make their livings from teaching, when their jobs are replaced by online courses available for free? All we need is one superb remedial algebra course that can be effectively delivered online and, theoretically, the demand for a zillion remedial algebra courses taught at a zillion community colleges suddenly drops off a cliff. Ask the music business what happens when you can get good stuff for free instead of paying for crap. Daily newspaper journalists learned a similar lesson all too well over the past two decades. The Associated Press business model — licensing the same story to multiple outlets, doesn’t make a whole lot of sense once a single news outlet puts that AP story online for free.
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