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Byline: Kim Thomas
MIT sets learning free
In the late 1990s, when everybody wanted to take advantage of the money-making opportunities offered by the internet, Massachusetts Institute of Technology (MIT) decided that it, too, wanted a slice of the action. MIT was, and still is, one of the most prestigious universities in the world. Couldn't it use some of the intellectual property it was creating on its campus to generate some additional revenue?
A committee of faculty members looked at the issue but decided, after careful consideration, that the internet didn't offer much of an opportunity to make money, after all. Why not, the committee ...
Source: HighBeam Research, MIT sets learning free.(Massachusetts Institute of Technology)