What Colleges Can Learn From Newspapers' Decline

In Kevin Carey's article, What Colleges Can Learn From Newspapers' Decline, which originally appeared in The Chronicle of Higher Education, he makes a compelling argument that Internet influences similar to those that have impacted the newspaper business may also influence institutions of higher education.

See:
http://www.educationsector.org/analysis/analysis_show.htm?doc_id=870993

In his article, Carey states:

Some people will argue that the best traditional college courses are superior to any online offering, and they're often right. There is no substitute for a live teacher and student, meeting minds. But remember, that's far from the experience of the lower-division undergraduate sitting in the back row of a lecture hall. All she's getting is a live version of what iTunes University offers free, minus the ability to pause, rewind, and fast forward at a time and place of her choosing.

Most of his focus is on the business effects and competition associated with placing the long established tradition of the University into the context of today's always on culture. But what about the collaborative aspects of education? What other
internet trends like global online collaboration will have similar impacts on education?