"In the early days, Google never made a penny off search," says Richard A. DeMillo, director of the Georgia Institute of Technology's Center for 21st Century Universities, who participated in that university's negotiations with Coursera. "Ad-supported search was a business innovation that became feasible because of the scale of traffic going to Google. If we add value, it will draw so many people to the enterprise that things we can't do now will become doable." He figures that the eventual business model might be something that isn't even in the contract but is dreamed up later.
“This is the tsunami,” said Richard A. DeMillo, the director of the Center for 21st Century Universities at Georgia Tech. “It’s all so new that everyone’s feeling their way around, but the potential upside for this experiment is so big that it’s hard for me to imagine any large research university that wouldn’t want to be involved.”
DeMillo was quoted in the Bloomberg article "Companies Shape Curricula In New University Partnerships," which discusses how corporations are investing in universities to ensure that college students graduate with the skills employers need.
Georgia Institute of Technology's Center for 21st Century Universities Encourages Online Education," discussing the importance for modern colleges and universities to adopt online educational practices to stay relevant in the 21st century.
Forbes mentions C21U in "Does Higher Ed Notice How Tech is Transforming Learning?" This article notes that C21U is one of the few educational centers monitoring the transformative role that technology is playing in higher education. Other innovators include, MITx, Udacity, and Khan Academy.
The Guardian published an article, "Universities Leading the Way with Education Technology," mentioning C21U in its highlights of thought-leaders in higher education innovation. Other mentions include Sal Khan's Khan Academy, Sebastian Thrun's Udacity, and MIT's MITx.
The Wall Street Journal's Holly Finn mentioned Georgia Tech's Massively Open Online Courses (MOOCs) and Massively Open Online Seminars (MOOSes) in her article "Watching the Ivory Tower Topple." Finn argues that traditional universities are being made obsolete in favor of open courses that provide access to everyone, including those who may not be able to attend a traditional university. She argues that MOOCs and MOOSes are the "next big thing" catalyzing this change.