Archive for category Education
If you were asked to name the most important innovation in transportation over the last 200 years, you might say the combustion engine, air travel, Henry Ford’s Model-T production line or even the bicycle. The list goes on.
Now answer this one: What’s been the single biggest innovation in education?
Don’t worry if you come up blank. You’re supposed to. The question is a gambit used by Anant Agarwal, the computer scientist named this year to head edX, a $60 million MIT-Harvard effort to stream a college education over the web, free, to anyone who wants one. His point: It’s rare to see major technological advances in how people learn.
Agarwal believes that education is about to change dramatically. The reason is the power of the web and its associated data-crunching technologies. Thanks to these changes, it’s now possible to stream video classes with sophisticated interactive elements, and researchers can scoop up student data that could help them make teaching more effective. The technology is powerful, fairly cheap and global in its reach. EdX has said it hopes to teach a billion students.
By Andres Oppenheimer
Two new studies confirm what we have long suspected: Latin American companies cannot effectively compete in the world economy because their countries’ educational systems are totally disconnected from reality.
The Global Information Technology Report 2012, a 442-page report by the World Economic Forum and the INSEAD business school, places most Latin American countries far behind the world’s most technologically connected countries in its ranking of “network readiness.”
The index takes into account various measurements, including internet use and people’s ability to use it productively, from international organizations and a survey of more than 15,000 executives worldwide.
Business Through Hollywood’s Lens
By Kiah Haslett
With that in mind, Bloomberg Businessweek asked deans at the top 30 U.S. business schoolsto name their favorite movies with a business theme or lesson and to explain their choices.
By MIGUEL HELFT
ALL right, class, here’s your homework assignment: Devise an app. Get people to use it. Repeat.
That was the task for some Stanford students in the fall of 2007, in what became known here as the “Facebook Class.”
No one expected what happened next.
The students ended up getting millions of users for free apps that they designed to run on Facebook. And, as advertising rolled in, some of those students started making far more money than their professors.
Almost overnight, the Facebook Class fired up the careers and fortunes of more than two dozen students and teachers here. It also helped to pioneer a new model of entrepreneurship that has upturned the tech establishment: the lean start-up.
“Everything was happening so fast,” recalls Joachim De Lombaert, now 23. His team’s app netted $3,000 a day and morphed into a company that later sold for a six-figure sum.
“I almost didn’t realize what it all meant,” he says.
Neither did many of his classmates. Back then, Facebook apps were a novelty. The iPhone had just arrived, and the first Android phone was a year off.
But by teaching students to build no-frills apps, distribute them quickly and worry about perfecting them later, the Facebook Class stumbled upon what has become standard operating procedure for a new generation of entrepreneurs and investors in Silicon Valley and beyond. For many, the long trek from idea to product to company has turned into a sprint.