Though I do not agree with Marquis's assertion that MOOCs currently have a serious and probably inherent flaw in their inability to help people develop their creative and innovative capacities, the piece is worth reading in full.
It is also worth noting the comment on the piece by Bill Sams, originator of EPIC 2020.
"Thank you for the excellent review and discussion of EPIC 2020. My objective in producing EPIC was to create a piece that would cause people to consider and discuss that there are dramatic alternatives to the traditional education system. Given the 25,000 views from 83 countries I am satisfied that I have made a small contribution to what hopefully will become a lively discussion. On a side note as to the timeline: In about seven months Coursera has enrolled one million students. Facebook took ten months to achieve the same level of members. Five years later Facebook is in the neighborhood of one billion members and has a capitalized value of $41 billion. The chances of Coursera and edX reaching similar numbers should not be lightly discounted."