Now the sensational new phenomenon is on-line learning. Several powerful forces are fueling a global market for distance learning. The first is exploding demand. Human intellectual capital is the acknowledged coin of the realm in the increasingly globalized economy. Worldwide demand for education and training will continue to grow on into the new millennium.
Demographic pressures are relentless.
The quest for new, better, and more cost-effective means of delivering education and training will intensify worldwide. There is also the lure of profit. Venture capital has discovered distance education. It is now big business. Wall Street is betting huge sums on the convergence of education and the Internet.