When i think all this, I just imagine how it will do good if we have a video streaming and podcasting web application which includes chating, dedicated forums where students can share or clarify their doubts.
This will enable institutions across the world to share their best lectures so that the students irrespective of location can attain same oppertunity to learn things.
It will also open a new business model where say for example some 'XXX company' hire an industry professionals like Bill gates and he explain his success secret and management tactics, just imagine how much it will help for a management student. if we have a video podcasting of Einstein explain all his theory, won't it teach you for generations even he died.
Institutions can post all there video lectures and share it to the selected students or group of people based on subscription model (or can be open to all access). For instance Anna university or IITs having a very good lecture video serious on Probability theory, They can sell those videos to other small colleges and universities. There by all the students can get benefit and the universities too. Some of the top notch university professors can them self create video streams and sell to students and universities just like they wrote books and research papers. :)
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