Ed tech “will never make you crazy rich,” says IHE contributor

April 26, 2016

Education technology has many benefits for those who both use and develop it, writes Joshua Kim for Inside Higher Ed, but it simply “does not lend itself to making the next digital fortune.” The problem is not with technology, he adds, but the nature of education itself. While digital wealth is often produced through scaling, speed, the unbundling of services, and response to consumer demand, Kim argues that a strong education possesses the opposite features. One of the biggest areas of divergence is in responding to consumer demand, he adds, because “education, or at least a quality education, needs to go against what the buyer of that education often thinks that they want. Any education that is not hard—sometimes painfully hard—is not an education worth investing in.” Inside Higher Ed