MOOCs: A Step in the right direction

For me that depends on how you define MOOC. I think that there is great scope for teaching the rote learning parts of the curriculum using online resources. Khan Academy have been doing some really interesting trials with schools along these lines.

In the next few years I think we will see more schools move towards a model where they have content primarily delivered through digital media and a teacher's role becomes more like that of a surgeon; fixing individual student's mistakes in their conceptual models.