Universities will shrink to coffeshops? That's a very CS/math-centric viewpoint. How are you going to do MITx with with Chemsitry? Physics? Biology? Med School? Anything that requires specialized equipment? How will you do team projects that require people to be in physical proximity to one another (building complicated things, for instance).
Universities aren't going away. At most, some programs may become "virtualized" but even then there's a lot of value add with college. They have specialized libraries and librarians to help you find information that may not be on the internet. They can afford expensive equipment and the people to take care of them. It's often useful just to be around people in your same program to talk about projects and learn from each other. It may not be $100k value add, but that just means college will get less expensive and possibly shrink, not that it will go away all together.
Universities aren't going away. At most, some programs may become "virtualized" but even then there's a lot of value add with college. They have specialized libraries and librarians to help you find information that may not be on the internet. They can afford expensive equipment and the people to take care of them. It's often useful just to be around people in your same program to talk about projects and learn from each other. It may not be $100k value add, but that just means college will get less expensive and possibly shrink, not that it will go away all together.