This article highlights Coursera and MITx which both could end up offering quality education, grades, and everything online for free – with a potential revenue being in helping headhunters pick out top candidates. That would be a big improvement and a big win for all parties involved over the current system, and would do what a vocational institution should be doing.
What then remains is the question of what a quality system to make people more enlightened should be – the enlightenment philosophical goal. That shouldn't vanish just because it isn't useful to capitalist commerce – philosophers still could do some good, amid their pie-in-the-sky ideas. After all, that's how democracy was born. But what form does that take in our digital revolution? Is it something like TED? Buddhism-like courses branded under a non-religious label? Or something yet to emerge?
RealClearMarkets – Bigger Than Facebook
With the less-than-spectacular launch of the Facebook IPO, I’ve heard a number of people speculating that the social networking boom is played out and that innovation will now turn elsewhere. I th…