I’m with this commentary, mostly, until about halfway through when it gets into the thicket of what ownership means.
There is a shock doctrine that edtech-vangelists have been all-to-willing to sell. Here’s the real deal, once again. The main problem with education is that it competes financially as a social good with health care. Health care costs are going to suck a chunk out of GDP, and education historically has absorbed that hit.
That’s it. Were it not for that, we are sustainable out for another 20 years. There is no bubble.
But we’re going to take the hit for Grandma. Which makes sense to me, it’s just not the epic story of decay that most people want to hear.