I agree with your question about incentives. This idea is great for educators, as they will be collecting more experience and skills, but where do the institutions benefit? With no guarantee that the problem will be solved, it could takes months for them to get a solution. Not to mention the difficulty of ensuring that IP will be protected. Is the information going to be public?
First of all, I think this is a great idea for educators seeking good quality work. Not sure if I didn't understand correctly, but where exactly do the students come into the equation? I see that problems and educators are matched up, but where can people come to learn? I think this is a great idea for people to test their skills with real-world problems; I feel like it is missing an aspect of learning, however. One suggestion would be to create open forums for educators to receive ideas (kind of like OpenIDEO) from other people interested in the subject. I think it will bring more people who are willing to learn.
Just a couple of questions for you: 1) How does the selection process work? 2) How are companies incentivized to continue posting questions for educators? 3) Can multiple people work on the same project simultaneously?
I think this is a really creative initiative for students. This idea really makes it easier for students to memorize loads of information in a fun manner, but I do have some questions. Memorizing is one thing, but internalizing it is another. The idea is for students to memorize, but I feel like students should be learning the material, with the intention of using it in the long-term, for their careers. People tend to memorize well for the short-term. Sure this helps with boredom, but does it help internalize information for the long run? An idea I had would be to include periodic assessment, that can pop up at a random time, to test the students knowledge in a subject that they have already practiced. Maybe this can help internalize that information. On another subject, are you planning on including technical skills like programming, computing, and data science? These are all increasingly relevent in our society.