At least according to James Miller of Smith.
Theil famously paid 20 kids $100,000 to not go to college. Not sure how big of a dent that will put in demand, even if he spend $100,000,000 every year to keep 1,000 kids out of our clutches, but Miller is worried.
On the supply side, Moore's law means that "20 years from now computers will likely be around a million times more powerful than they are today".
Apparently online education is "Halo" and I am "Pong".
Interestingly, Miller's article doesn't even mention what I think are the biggest real threats to my species; the proliferation of adjunt/non-tenure track/low paying positions and the explosion of high paying administrative positions.
KPC pal and uber-blogger Mark Perry is excellent on these points.