This LMScast episode outlines the ways current growth cycles of exponentially advancing technologies in learning management systems relate to you in developing your online courses. These concepts are based on those outlined by Peter Diamandis and Steven Kotler in their book, BOLD, and apply to technology as well as business.
The classic business innovation life cycle includes stages of implementation from innovators to early adopters, early majority, and latecomers. Exponentially growing technology follows the same patterns through digitalization, disruption, deception, demonetization, dematerialization and democratization.
Technology becomes exponential through digitalization. This disruptive technology lets you build an educational system online, which dematerializes and democratizes global access to learning. It demonetizes eLearning, too, as you only need a web host, WordPress, and a learning management system to create, market, and sell your courses.
The initial hype of deception delays adoption for many people, but eLearning has proven to be effective and profitable. The online course environment also fulfills the need for connection and communication more powerfully than ever before, as social media platforms like Twitter have shown.
Online learning management systems offer you the opportunity to create and shape the quality learning experience you want for your students, and to profit from sharing your knowledge and expertise.
The LifterLMS course development platform is designed to help you build your courses based on the growth cycles of exponentially advancing technologies in learning management systems. Try a demo of LifterLMS at Demo.LifterLMS.com and see for yourself what it can do for you.