SocialLearn: Guidance for Moving Foreward?

I came across this site while searching "Web 2.o and Higher education". The ideas that I found here are articulated in a manner that has eluded me, namely, the Assumptions that SocialLearn holds regarding 21st century education:

from their site:

• There is a major shift in society and education driven by the possibilities new technologies create for creating and sharing content and for social networking.
• Higher education, to date, has not really addressed how to engage with these fundamental shifts and their impact on the core business model of higher education.
• There is educational value in the application of both the technologies seen in web 2.0 and the approaches they embody.
• The status quo is no longer feasible or advisable; we need to apply the best of our expertise and experience to address the necessary change.
• Competition in the learner sphere is ever more complex, multi-faceted and fragmented; If higher education doesn’t address the issues this raises someone else will.
• The principles embodied in SocialLearn reflect the essence of the proposal – harnessing social networking for learning and include adopting an approach which is open, flexible, disruptive, democratic and, most importantly, pedagogically driven.