My take is that online learning in its conventional form has not worked till date? If calculated accurately the completion rates for online learning will be equally pathetic (completion in organisation mandated certifcation focused elearning program is achieved by mass scale rigging… ).
MOOC seems relevant as it provides a complete elearning ecosystem – best faculty, teacher interaction, peer interaction, self practice conventional elearning) & learning analytics which can ultimately result in personalized learning paths.
We have given conventional elearning 20 plus years, it is only fair that
MOOCs should also get some focus for coming years.. MOOC will also need to
evolve continuously to be an effective tool.