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A joint announcement was slipped out quietly by the three universities, which face an embarrassing blow to their prestige.
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Oxford today declined to disclose how much money it lost on the AllLearn project, launched in the heady days of the dotcom boom in In a statement on the AllLearn website, S Kristin Kim, president of the company, said it had offered online courses from Oxford, Stanford, and Yale universities to more than 10, participants from 70 countries during the past five years.
The universities then tried to broaden the appeal to the general public and school students.
Ms Kim said the experience gained by AllLearn would be used by the individual universities to improve their own online courses. A spokeswoman for Oxford said today: In fact, over the next 12 months, 18 new courses will be launched, from statistics for health researchers to northern Renaissance art, and the origins of human behaviour to nanotechnology.
Unlike them, however, AllLearn was not intended to generate large profits. Lack of interest, rather than lack of status or brand visibility, has been cited as the primary reason behind AllLearn's failure to meet enrolment targets.
Evidence suggests that those enrolled in continuing learning programmes want to watch television-quality broadcasts online, and might find the more cost-efficient audio-taped lectures generally used by online providers less exciting and engaging.
AllLearn's closure suggests that the 'general interest' market for online provision remains unproven, although this may change over time as the educational value of broadband is further explored.Machine Learning is a first-class ticket to the most exciting careers in data analysis today.
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