This is unfortunate to see. I remember when these alt-Ed startups were all the rage and there was a genuine belief that we were on the cusp of a paradigm shift in how we learned. Would love to hear some success stories if anyone has any!
What hasn't changed is credentialism. Because knowledge is free, everyone can claim to have it. So the value of a credential has gone up. An actual MIT degree vs classes taken at MIT OpenCourseware is orders of magnitude more significant.
You can learn anything for free now. Proving you've learned it is still heavily gate kept.