I've architected a lot of backend HW for Ed Tech companies but have never really been involved on the SW side, but I have seen the same story play out dozens of times in the past 20 years. Some SW comes out, learning assistance, management, or whatever and they make so much profit.
But, they hit these walls either because they complement an existing system, run into another competitor, or just run out of mindshare. Then they either acquire or get acquired to fill the gap and load up heavily on debt. They
At this time, good teaching either comes with a good teacher (so no need for edtech) or a learner that can learn self-directed (not many of those around, but still no need for edtech).
Companies these days are engaged in enshitification of their products. The company starts out with grand schemes, attracts investment, delivers products, saturates their market, etc. And then the invested money wants better returns. So companies, being run by MBAs, turn to what they know: resize the product down so that it costs less to produce figuring customers won't notice and/or customers are already enthralled with their product. Customers get disillusioned, company investors double down on enchitifica
1) The entire "news" blurb is rooted in a single Substack comment from "Manish Singh", who appears to work for "India Dispatch", which, despite the name's suggestion that it's a news publisher, is as best as I can tell, an independent commentary blog not associated with any major news publication. [indiadispatch.com]
2) There are no credited sources of reference from his written piece. He claims his information is from "Goldman Sachs", but Googling sentences from his "quoted material"
Thank God our education is not run by some huge corporation like MS or Meta. Can't we just have schools and teachers, universities and profs, like we had in the my day. A system that obviously worked really well, it educate the people who built the world we now live in.
At this time, good teaching either comes with a good teacher (so no need for edtech) or a learner that can learn self-directed (not many of those around, but still no need for edtech).
Companies these days are engaged in enshitification of their products. The company starts out with grand schemes, attracts investment, delivers products, saturates their market, etc. And then the invested money wants better returns. So companies, being run by MBAs, turn to what they know: resize the product down so that it costs less to produce figuring customers won't notice and/or customers are already enthralled with their product. Customers get disillusioned, company investors double down on enchitifica
...but why is this headlining on Slashdot?
1) The entire "news" blurb is rooted in a single Substack comment from "Manish Singh", who appears to work for "India Dispatch", which, despite the name's suggestion that it's a news publisher, is as best as I can tell, an independent commentary blog not associated with any major news publication. [indiadispatch.com]
2) There are no credited sources of reference from his written piece. He claims his information is from "Goldman Sachs", but Googling sentences from his "quoted material"
Thank God our education is not run by some huge corporation like MS or Meta.
Can't we just have schools and teachers, universities and profs, like we had in the my day. A system that obviously worked really well, it educate the people who built the world we now live in.