Another example of a highly scalable education product: Codecademy
The way to repair and revitalize modern civilization is on the horizon. It follows a simple dictum:
Localize production. Virtualize everything else.
With the above, we see the virtualization of formal education (books were the first wave).
Some other thoughts on this:
It can drop costs by 3 orders of magnitude. $20 a year instead of $20,000.
It means that the best instructors teach almost everyone. Why not the best?
Phi Beta Iota: There is actually a much larger variant of free online education, and that it the YouTube 2-5 minute micro-class revolution, in which citizen experts create concise lectures on single specific micro-knowledge, for example, a type of algebra problem, or mixing hydoponic solutions, etcetera.
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