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This legitimately was the single least insightful thing I've read in years.
You forgot the other side of the coin. What if the pilot fails. I've worked on the tech support side of online education for a few years now, and one thing you can never trust is for the new technology to work flawlessly.
Yes, Education around the world is ripe for disruption.  For many countries education policy is carefully crafted by governments.  This has protected education from change.  

It's time that we pursue solutions for improving education that are unbiased and fair.  Not focused on protecting government subsidies and other financial support.

I, too, would love to go back to school and learn more things.  I don't because I know I won't be able to tolerate the boredom and tediousness of jumping through all the hoops instructor-led courses have given me in the past.  Instead, I find topics that interest me and do my best to teach myself. 
The idea is interesting, but I don't think this will come anywhere near ending how colleges currently work.
Looking forward to seeing some change in the higher education system. For the sake of my children.
The smartest solution would be to create a certification process. We don't need universities to teach us the majority of subjects. Everything related to my career, I learned on my own. (I majored in marketing- don't use it). Anyways, If people could just take a test that shows they're qualified in a certain subject, that's all we and employers need. Stop wasting 100k+ on a college degree.   (obviously, there will be some exceptions like medical school).
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