Educational Elites Will Deliver Digitally, Says Ellison (05/26/98; 6:14 p.m. EST) By Mo Krochmal, TechWeb
Oracle CEO Larry Ellison had some good news and some bad news for educators on Tuesday.
Educators will make thousands, even millions of dollars teaching courses like Physics 101. That's the good news, he said at the Second International Harvard Conference on Internet and Society in Cambridge, Mass.
The bad news is that there will only be about 60 of them who will be doing it, he said. "Great teachers' courses will be converted for electronic transmission," Ellison said.
The acceleration of networking accomplished by the Internet will change everything, said Ellison, pointing to education as the recipient of some of the most sweeping changes.
"Education might be the single biggest advantage the U.S. has over Asia," he said. "We're going to start exporting that through the Internet." There will be economic incentives for Harvard to distribute their products electronically, Ellison said.
That, in turn, will create a "tremendous tension between institutions of higher learning and faculty over who owns Physics 101," he said. "There will be a tremendous change in the cost of delivering higher learning -- it will cost one-tenth as much to deliver an education."
In the meantime, Oracle (companyprofile) will continue to build on its education business, which totalled a half-billion dollars in revenue last year. The company, which Ellison founded in 1977, is trying to make a business directed at kindergarteners through 80-year-olds -- "anybody who needs to update their knowledge base," Ellison said.
Regards
Neil |