On 07/26/13 4:48 AM, Fred Bauder wrote:
"As with other inventions that produced an inferior product at a much
lower price, from the printing press to the steam-driven loom to
Wikipedia, what happens now is largely in the hands of the people
experimenting with the new tools, rather than defending themselves from
them."

http://chronicle.com/blogs/conversation/2013/07/08/moocs-and-economic-reality/

Fred

The institutions are slow to recognize this apocalypse, among them Wikipedia's institutional arm. Students and prospective students are only beginning to appreciate that the costs of education do not correlate with their personal economic prospects. Employers maintain illusions about the value of credentialization, as though it would absolve them from establishing their own training programs.

Ray

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