In recent years, the development of information technology has progressed in leaps and bounds. The advancement of programming techniques, rapid productivity growth of semiconductor chips, the development of special means of information transmission, as well as feedback devices (head-mounted stereoscopic displays, gloves and suits that have embedded sensors that transmit information to a computer about a user’s movements) – the culmination of these advancements have yielded a momentous technology in the shape of virtual reality.
School is definitely not out, and it never will be again.
Education does not–and cannot–occur in clean, distinct segments. The realities of modern workplaces, employment practices, and economics all demand that education be continuous. What this spells is a massive transformation of the old legacy institutions–primarily, universities–as working and learning overlap and interact in more, and more significant, ways.
The LMS, as we currently know it, is a relic from a long-gone era. An era where the internet was in its infancy, where static, text-heavy content was the norm, and where the web was accessed from the desktop. Where services like AOL, Yahoo and MSN tried to be everything to everybody.
The modern economy has no real respect for degrees—other than demanding at least a Bachelors for every position and from every applicant.
Higher education in America has become confused with trade school: everything from four-year computer science degrees to Masters-level management schools are concerned with occupational education. They are advertised as the necessary link between academic life and employment: high schoolers take jobs; college graduates enter careers.
Back in my pre-startup life running corporate development for a large educational publisher I saw dozens, if not hundreds, of education technology companies passionately focused on solving a single problem for instructors, students or administrators. While the focus should have simplified everything they were doing very few of them emerged from the morass to become compelling, scalable businesses with sustainable economics. Why is that?