Virtual School Meanderings

November 6, 2023

OLDaily ~ Nov 03, 2023: The power of edtech investors in education

This is an interesting article from Stephen Downes’ Online Learning Daily, and one with so many overtones for folks involved in K-12 distance, online, and blended learning – paricularly in the United States.

The power of edtech investors in education
Ben WilliamsonCode Acts in Education, 2023/11/03


IconI think this article makes some important points about the role of venture capitalists (VC) in education. As Ben Williamson notes, educational technology (edtech) can be profitable for investors, but only if the future of education matches their expectations. So they have an interest in ensuring such a future comes to pass. That wouldn’t be so bad, I think, except that they future they imagine is one where they become wealthy, usually at the expense of institutions and students. This also makes them political actors (a phenomenon I’ve seen a lot over the years).

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