Bill Gates: The Internet Will Displace the Traditional University in 5 Years

Speaking at the Techonomy conference in Lake Tahoe last week, Bill Gates argued that the cost of college needs to come down, and the only way to accomplish this is through technology. During the talk, he went further and asserted, “Five years from now, on the Web for free, you’ll be able to find the best lectures in the world. It will be better than any single university.”