Educational Institutions will have to reinvent themselves because they will no longer have a captive audience of students who come to the classroom to listen to a professor drone on and and use obsolete chalk and talk techniques to deliver the same lecture he has been giving for many years.
Not only are their expectations of lecture quality going to be much higher, thanks to educational content on YouTube, they are going to be very picky and choosy about what courses to do .
They will demand value for money , and professors will have to get their act together and improve their teaching skills .
This is all for the best , because a good class room lecture should be like a performance , which grips the students.
The focus will not be on just helping students to pass exams or score more marks, but to help students to reach their potential .
Every student has different dreams and strengths, and now we have the opportunity to customise teaching for students, using mass personalisation, rather than have them compete in a rat race to see who gets a diploma or certificate with the highest marks . After all, we already know academic success has no correlation with real life success whatsoever !