While there's a lot to be said for this approach, I couldn't help but get stuck on the metaphor. It's one thing to offer choice when it comes to movies and media, but quite another when it comes to education. Yes, there may (soon) be a future where we can take any class we want for a small fee and accrue credits and badges on our own timetable...but do we really know what we want? One of the key elements of education is sometimes being "forced" to take a class or subject you really wouldn't otherwise care about to make you more well-rounded. If students of the future are given the ability, nay, even encouraged only to take things that they "like" or think would interest them, aren't they going to be missing out on divergent experiences? I've taken many philosophy classes that I probably wouldn't have even considered but I needed to fulfill a philosophy elective. Some of the things I learned in the course I still remember today...even if I don't always agree with them.
Education is currently very teacher-centered and there's a positive movement to make it student-focused. This is a great move...but teachers are there for a reason. Sometimes people don't even know they don't know.