Coursera, edX, and MOOCs Are Changing the Online Education Business

Online education isn’t new—in the United States more than 700,000 students now study in full-time “distance learning” programs. What’s different is the scale of technology being applied by leaders who mix high-minded goals with sharp-elbowed, low-priced Internet business models. In the stories that will follow in this month’s business report, MIT Technology Review will chart the impact of free online education, particularly the “massive open online courses,” or MOOCs, offered by new education ventures like edX, Coursera, and Udacity, to name the most prominent (see “The Crisis in Higher Education”).

via Coursera, edX, and MOOCs Are Changing the Online Education Business | MIT Technology Review.

Will they succeed and create something truly different? If they do, we’ll have the answer to our question: online learning will be the most important innovation in education in the last 200 years.

From:  MOOCs will eat academia

MOOCs will al­most cer­tainly hol­low out the teach­ing com­po­nent of uni­ver­si­ties as it stands today. I don’t see any­thing on the hori­zon that will re­verse this tide. In most tech­ni­cal fields, the nuts and bolts tech­ni­cal in­ter­view and on-the-job learn­ing and per­for­mance mon­i­tor­ing long ago re­placed any faith in de­grees as cre­den­tials. That leaves very few fields, such as law, where you ab­solutely do need the de­gree as a cre­den­tial.