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Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.
Their wordsSociety underinvests in innovation in general but particularly in two important areas. One area is innovations that would mostly benefit poor people—there is too little investment here because the poor can’t generate a market demand.
Their wordsAlthough innovation is unpredictable, there is a lot that governments, private companies, and foundations can do to accelerate it. Rich governments need to spend more on research and development, for instance, and we need better measurement systems in health and education to determine what works.
Their wordsInnovation proceeds more rapidly when different parties can build on each other’s work and avoid going down the same dead end that others have gone down.
Our reading
Online education should aim for at least one great course per subject rather than many mediocre ones
Their wordsWe should focus on having at least one great course online for each subject rather than lots of mediocre courses.
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