The GSV Big 10: We’ll Make You An Offer You Can’t Refuse
Price Fixing, PA's Higher Ed Overhaul, and A National Police Academy
#1 More elite universities settle suit over alleged ‘price-fixing’ aid policies
Not exactly a parking ticket. $104 million of settlement between 5 elite schools is pretty stunning. Columbia and Duke coughed up $24 million each, which might be called something else depending on what seat at the table you had. You say collaboration, they say collusion. Whatever you say, it’s another black mark to elite institutions.
#2 PODCAST: How Arizona State came to fully embrace AI
ASU’s rockstar CIO Lev Gonick is now a podcast star as well. After making his original appearance under the bright lights with Carpool Convos, in his Politico interview here, Lev shares how their partnership with OpenAI can be a game changer for ASU. To hear more from Lev, come to the ASU+GSV AIR Show…#AIRevolution.
#3 Pennsylvania governor proposes sweeping overhaul of higher education system | The Hill
Once rising star PA Governor Shapiro trying to recover after caving on school choice, unveils a bold reimagination of higher education. Looking a lot like the Dallas College playbook, which consolidated seven community colleges into one with 150,000 students…the Gov proposed a lower cost and higher accountability alternative to the failing status quo.
#4 Parental Pursuit of School Choice Is Skyrocketing | RealClearEducation
Last week was National School Choice Week…but last year was National School Choice Year. 72% of parents “considered new schools for their children last year–a 35% increase over 2022. In a country where people don’t agree what day of the week it is, nearly 75% of Americans support school choice. Access to quality education is the Civil Rights issue of our lifetime.
#5 Don’t Fuss About Training AIs. Train Our Kids
As STEM, STEAM, and coding had become the be all and end all of what it means to be a learned person, what it means to be a person has been lost in the shuffle. As we’ve now gotten to a point where technology is replacing the technologist, a renaissance opportunity exists to be a well-rounded human being.
#6 How to Build a National Police Academy | City Journal
As crime is devestating many of our former great cities, it’s become harder and harder to attract talent to the Big Blue. Whether you’re trying to Defund the Police or now Find the Police, what everybody agrees on is excellent law enforcement training is a cornerstone for society to go forward.
#7 Crazy Ideas –
Warren Buffett said that “the difference between being crazy and eccentric is a billion dollars.” It’s also true that being too early is the same as being wrong. Most people have trouble imagining the future until it hits them over the head. Some very disruptive technologies are becoming in plain sight, so some of the people thought to be Looney Tunes may be about to have their days in the sun.
#8 Hayden Capital Letter on New Oriental, Q2 2023
If you want to see what a great entrepreneur does, Exhibit A is Michael Yu at New Oriental. After the Chinese government dropped a Bomb on the for-profit education business in the Land of the Red Dragon, EDU’s shares dropped 95% to $8. Through hustle, grit, talent, and creativity, New Oriental has roared back to 40% revenue growth and is on track to generate $800M of FCF in FY2026. While many wrote New Oriental off for dead, what is still very much alive is the Chinese insatiable appetite for education.
#9 Beyond ‘College or Bust’: Apprenticeship as a Postsecondary Path to Opportunity - Michael B. Horn
Three of our favorite and smartest people in the education space kibitz about what’s new and what’s next in 2024. As Ryan Craig likes to say, he zags while others zig and was an early adopter of non-traditional education as an alternative road for employment. We’re sure the greatest opportunity isn’t to serve the minority of the population that gets to go to college, but to bring the majority of the population into the future through effective and efficient education.
#10 TextQL aims to add AI-powered intelligence on top of business data | TechCrunch
Sometimes the best ideas are the most obvious. Since data is the new gold and AI is AIR, it’s clearly a good idea to add an AI layer to the data that every enterprise has. Not a replacement of human involvement, but the magic is the human intellgience that sits on top of it.