I’ve long been a proponent of using web video for education.\u00a0 Why?\u00a0 The reasons are simple.\u00a0 Not only can the viewer benefit tremendously, but it’s arguably the most profitable business model to boot.<\/p>\n
It might also…eventually…kick a good number of teachers out of their jobs.\u00a0 Howard Lindzon<\/strong> said it best in a recent blog post (Howard is a highly-respected investor, hedge fund manager and entrerpeneur):<\/p>\n Does it make any<\/strong> sense for 5,000 teachers around the country to teach the same college algebra or macroeconomics course every semester? Of course not. Obviously, if you could take a class from Greg Mankiw<\/a> or Tyler Cowen<\/a> why would you resort to taking a class from some mid-level hack (assuming prices were similar)? The only reason 5,000 teachers are regurgitating the same subject in 5,000 separate classrooms around the country is because as little as a few years ago we didn\u2019t have the technology for thousands of students around the country to learn from the same professor.<\/p><\/blockquote>\n In other words, if you had the choice<\/strong><\/em> between learning from someone who is the best in the world vs. someone who is just average, who would you pick?\u00a0 The bigger point being that web video is rapidly giving you that choice<\/strong><\/em>.<\/p>\n