What are Universities for?

Traditionally, universities have been the sites of knowledge production, storage, dissemination and authorization
Universities provide three key value points for learners and society (see Figure 3): content creation and navigation, interactions between learners and faculty, and accreditation. — George Siemens

But these are changing rapidly.

Participatory Learning

IT tends to be top-down, designer determined, administratively driven, commercially fashioned. In participatory learning, out- comes are typically customizable by the participants.