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Coursera, Udacity and edX sprang up nearly a decade ago as high-profile university experiments known as MOOCs, for massive open online courses. They were portrayed as tech-fueled insurgents destined to disrupt the antiquated ways of traditional higher education. But few people completed courses, grappling with the same challenges now facing... See more

We’ll see a culling among universities. Just as retail closures are accelerating from 9,500 stores in 2019 to more than 15,000 in 2020, we’re going to see dozens, maybe hundreds, of universities not reopen. In academia, we have been preying on the hopes and prayers of the middle class, offering parents the chance to check an instinctive box, giving... See more

2. National currencies will face digital monetary competition: We are about to enter an age of global monetary competition, where national currencies must earn their place in someone’s wallet portfolio every hour of every day, even among citizens of their own countries. The digital version of the Japanese yen will be plunged into head-to-head... See more

Bidders had 24 hours to submit a sealed bid (“sealed” meaning bidders can’t see each other’s bids)

Because most of the professional alternatives for individuals disappear in a recession, universities tend to see higher enrollment during economic crises (it's been long observed as a counter-cyclical economic phenomenon) however, this time around the recession is the result of a public health crisis that may affect higher education enrollment... See more