Formal education has more than just an instructive role. In fact, it's everything but the instruction. Reciting content to learners doesnt necessarily help them learn.

Teaching should turn into conveyance of taste. The teacher should help figure out what needs to be examined and how to examine; help figure out ways to close the gap between the textbook and reality. AI can't do those things well yet, and perhaps it never will be able to.

We see the same at my university. It's sadly the reality of it.

We are kind of envisioning that university will be a place for social activities, mingling, rich people meeting partners, etc. So we are moving towards more of that.

Not for the person who's making it and accruing the benefit!