Bill GatesNo, it’s not physical books like Nicholas Negroponte - instead, Gates thinks the idea of young adults having to go to universities in order to get an education is going to go away relatively soon.

“Five years from now on the web for free you’ll be able to find the best lectures in the World” Gates said at the Techonomy conference in Lake Tahoe, CA today. “It will be better than any single university,” he continued.

He believes that no matter how you came about your knowledge, you should get credit for it. Whether it’s an MIT degree or if you got everything you know from lectures on the web, there needs to be a way to highlight that.

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