The MOOC market (Massive Open Online Courses) has exploded. This month Coursera landed another $20M in funding, bringing their total investment to $63M (even more than edX's original $60M funding by MIT and Harvard).
Strains on the global labor force are becoming painfully evident. Market forces will fail to resolve demand and supply imbalances for tens of millions of skilled and unskilled workers. A McKinsey Global Institute article.
" Dr Ian Green from the School of Education here at Adelaide and I [Allan Carrington] have used Padagogy 101 (introduction to iPad in HE) and Padagogy 201 (more advanced use for L&T) to train over 600 faculty from universities in Australia. During my research I saw lots of great work done by others using Bloom’s Taxonomy including the Revised Taxonomy which has now become the Bloom’s Digital Taxonomy. However when I discovered the excellent pioneer work done by Kathy Schrock with “Bloomin’ Apps” I got the idea for the Padagogy Wheel. Dare I say it but it is the next version for mobile learning of the ongoing importance of Bloom’s Taxonomy. Bloom’s is still fundamental to good teaching and learning."