I have written two posts recently about Coursera’s appointment of the former president of Yale as the company’s new CEO, with the implicit argument that this move represents a watershed moment for commercial MOOCs. In particular, Coursera seems likely to become the third generation of Richard Levin’s dream, following AllLearn and Open Yale Courses. I’ve also argued that Levin is embellishing the history by making Internet bandwidth a primary factor in the demise of AllLearn when the lack of a viable business model was the more important issue, with even Levin arguing this point.

Richard Levin was just interviewed by Charlie Rose, and I am including a transcript of most of the segment (starting around 3:15), highlighting some key points in bold. This interview should give us further insight into the future of commercial MOOCs, especially as we have the first non-founder CEO in one of the big three commercial MOOC providers. Follow this link to watch on CharlieRose.com and avoid the annoying Hulu ad.

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