Where telecommunications, computers and other technological advances drive down costs in virtually every other industry, education remains immune to change. It produces declining outcomes at ever-increasing costs. Cost increases exceed those of virtually every other industry including the healthcare industry. Both are characterized by extreme government involvement. The implementation of ObamaCare will likely vault healthcare into the lead as the most inefficient and least cost-effective industry.
No industry is more suited for productivity gains from technology than education. Governmental monopoly and subsidization have produced a sheltered, pampered industry devoid of competitive pressures and innovation. Teachers unions