In this talk, Michael D. Smith of Heinz College at Carnegie Mellon University draws on his prior research into the transformation of the entertainment industry, and his current research into the delivery of online education to address three key questions facing the academy today:
- Why do new technologies pose a unique threat to our established business model?
- How is the transformation of higher education likely to play out in the market?
- What should educational institutions do to respond to this opportunity?

For more on the Digital Initiative, check out https://digital.hbs.edu​.