The document discusses disruptive innovation in higher education and the potential rise of online learning. It notes that while 96% of US academic officers believe they are preparing students for employment, only 11% of business leaders agree that graduates have requisite job skills. The document then outlines different types of online learning and tools that could be used, including MOOCs, adaptive learning, and competency-based education. It envisions a future where learning materials are widely available online at low cost, institutions focus on assessment, credentials, advising and accreditation, and students can build flexible degrees from multiple sources.