absolutely. this is why education continues to become more irrelevant to the social and business needs of the world.

my guess is that it wont be long before either a) business decides to step in to set up more academies and b) progressives decide that they can teach and people can learn without the antiquated university system that we presently have. However this kind of thinking wont come from inside of the institution

Thankfully, i feel that 'Open Education' can address some of the needs of both.