Edtech is the next fintech?
Posted August 26, 2016on:
Fintech is short for financial technology. Examples might include digital wallets, apps for funds transfer, and bitcoin.
That is the limit of what I know about fintech. Oh, and that it promises to be a big moneymaker.
What I understand more deeply is educational technology. So when I read TechCrunch’s article Edtech is the next fintech, I shuddered.
I read with dread the dry descriptions of money-making and profit potential from this sector. It was like watching the Greek gods dispassionately play chess with human pieces.
We already have vendors and providers with little idea telling teachers what they are doing wrong and how to do it right, i.e., their way or the old way packaged in shinier parcels. We do not need more of that.
But we will get more. Many will be led by their pockets. Very few will have their hearts and minds in the right place.