Putting Developers in Barns – Tech Bubble vs. Reality

SO LO MO (social, local, mobile) was one of the buzzwords this year and even the topic of LeWeb in Paris.

Smartphone devices and tablets are evolving rapidly in shorter product cycles and the digerati are always after the next big app. For some weeks it was Oink, Kevin Rose’s first product out of Milk, now it is Path, the limited social network that only lets you connect with a small number of close friends and family.

Since I watched a talk with Clay Shirky about how technology changes society at the moment when it becomes technically “boring”, e.g. the most part has access to it and knows how to use it, I have been thinking if we are actually moving too fast and hence only the ones who can keep up with the latest gadget trends benefit from them.

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Thoughts on the Future of Ed-Tech Business Models

CentsAudrey Watters wrote an analysis of the current state of business models in education titled “What’s the Future of the Ed-Tech Business (Model)?” on Hack Education that meshes well with my Sunday post on Big Think about Khan Academy and the potential shift towards free education.

Audrey bases her post on the example of Rosetta Stone as she had the possibility to talk to CEO Tom Adams (former class mate of hers) during the Startup Weekend EDU in Washington. The language learning market is of course a very tricky and crowded one compared to rising verticals like math education.

What tickled my fancy are the open questions Audrey leaves us with like the following at the end of her post:

Sell to schools? Sell to teachers? Sell to students? And in any of those education markets, how do you compete with “free” — even when what’s offered that way is actually of inferior quality? Will learners demand high quality ed-tech? Will they (be able to) pay for it?

So, here are my thoughts on future business models in education.

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How Online Language-Teaching Start-ups Lack Educational Expertise, and Why Language Learners and Teachers Should Worry

Several Internet start-ups are claiming that they can teach people to speak one or more foreign languages, without those people ever entering a classroom. By paying the start-up’s requested fee, students can supposedly access a high-tech body of material that will teach them everything about their new languages they need to know. As a bonus, students can chat on line with other members of the site who are native speakers of the languages they are learning. People can therefore practice a new language from their living room, the airport, a café, or anywhere else they can find an Internet connection. The classroom and language lab, these start-ups argue, are becoming obsolete.

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Bill and Melinda Gates Foundation announces $20 Million Fund for Online Education

The Bill and Melinda Gates Foundation will found projects and startups in online education, especially in the online course sector, with grants ranging from $250k to $750k each. The fund will have a total volume of $20 million USD and focus on the postsecondary sector.

There will be a second fund focusing on K-12 education next year. This could be a big chance for startups in online education that did not receive funding yet because their product was seen as too conservative for classic angels and investors.

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Seven Reasons Online Learning Platforms Might Never Take Off

Disclaimer: Online Learning Platforms in this post means products that are not affiliated with colleges for the award of degrees/ course credits. Hence, the #epic courses from universities like University of Phoenix do not qualify.

However, products like Edufire, for instance, do qualify. Some of these platforms have been around for a long time [3-4 years or even before]. None of them has really hit the big league and with each passing day, the prospect looks increasingly bleak. Here are seven reasons why this could be happening and why no Online Education company will ever make it big:

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Predictions of Bill Gates: Information at Your Fingertips 2005

“Five years from now on the web for free you’ll be able to find the best lectures in the world” – Bill Gates

If I take a look at today’s tweets of people involved in online education, this sentence has been retweeted by basically everyone.

In case you are not familiar with Bill Gates and his “predictions” you should take a look at the video below. It’s one of his famous keynote speeches, in this case “Information at your Fingertips 2005″.

I bet a guy in a black turtle neck took some notes back then – in 1994.

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Bill Gates and Marco Masoni on Online Education – Why We Need a Learning Graph

Yesterday two interesting articles dealing with online education were published on Mashable and TechCrunch.

The one on Mashable is written by Marco Masoni, Founder of Einztein which is an online portal for finding the best courses and video lectures on a certain topic and the one on TechCrunch is a recap of an interview with Bill Gates at the Techonomy conference.

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