Caught between a rock and a hard place
— March 23, 2014
By Vasant Dhar
Over the decades many refinements have gone into what constitutes a “good bundle” of courses. But the internet, by virtue of being global, instantaneous, mobile, social and free, has unleashed a dizzying array of learning modalities that were not previously possible and essentially disrupt this bundle.
Each component of the bundle can now be provided very effectively by a high-quality specialist at scale. Introductory and vocational style courses are the first target; hundreds have mushroomed on the internet and are eagerly consumed by millions of people globally. The specialists assert that their inexpensive product is better suited for employment, a theme that plays well with large numbers of people concerned about their economic future in an increasingly competitive and fast changing jobs marketplace.
Read the full article as published in the Financial Times.
Vasant Dhar is Professor and Head of the Information Systems Group and Co-Director of Stern's Center for Business Analytics.
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