Disrupting Class: Why Technology Must Transform Education
I have taken the title here from Clayton Christensen, whose useful book on how technology creates disruptive innovation in Education I have read and written about before. But, at this time, I am reading David Ricardo, and my ideas are focused on how modern technology is set to disrupt the education model as we know now. But, first of all, Christensen, who predicts that technology will change the business model of education. Education, as he sees it, is currently a value chain model, where value is added to set inputs at different stages of the process, and a value-added output is delivered. He predicts that this would transform into an User Network model, somewhat like the telecom business models, where users participate in a network and value is created as every extra connection is added. In an earlier post, I mused on these ideas, which indeed seemed plausible. But the point of this post is not the business model per se, but the economics of education. More precisely, I think we need...