Bill Gates expects the web to be the best single source of education within 5 years

Bill Gates just might be the world's most famous college dropout (sorry, Kanye), but lest you think he's changed his mind about the educational establishment, he's got a few words of reassurance for you. As the closing speaker of the Techonomy 2010 conference, Bill dished out his vision of how learning will evolve over the next few years, stating his belief that no single university will be able to match the internet when it comes to providing the learning resources a student needs. Describing traditional studies as "place-based" and inefficient, he forecasts that university education will become five times less important within five years, with online lecture sources picking up the reins of enlightening our youth. In other news, Bill's pen-based tablet PC idea is going great!