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I'm taking the ML class and Dr. Ng occasionally mentions in the videos how he talks to Silicon Valley start-ups to helped them implement algorithms. What if the future professor not only make his money from teaching at a university but by consulting with businesses? She would just be using her expertise to teach in a different area. There's often a disconnect between academia and business that doesn't make a lot of sense.

+1 to what everyone else is saying in this thread about the Stanford classes, I'm loving the ML one so far.

This is what Carnegie Mellon is already doing - contrary to other university's I've seen/attended, CMU has three classes of professors, instead of two.

1) Tenured Professors - traditional tenure track. 2) Untenured Instructors - traditional instructors. 3) Research Professors - essentially freelance entrepreneurs in the research space under the CMU umbrella. They seek their own funding, hire students, advise, but don't teach.

Andrew Ng (along with Sebastian Thrun) are both working for Google (on driverless cars).

The driverless car project is bloody brilliant. I absolutely love the videos that have come out from people that got to sit in the passenger seat while it drove itself!

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