This reads as a little conceited or else disconnected. I'm not saying I don't disagree, because I believe that MOOCs are probably better as a supplement to college, but another fact remains that some of us don't have the same opportunities to go to those same hand full of colleges. In other words, I think a huge part that is missing from this is the discussion of inequality.
MOOCs are not going away any time soon. There are professors and educators definitely taking the time to create quality lectures and make sure you get the help you need, and I don't think that's much different from attending an actual college. The only thing missing is probably the importance of human interaction.
Also, I'm not sure about that math because even he seems skeptical about it. Hope somebody can help enlighten me.