Educations Purpose?

I thought this short clip from Noam Chomsky speech is quite prophetic. Sometimes what is lost in educational assessments and the push to apply a business model to education has resulted in a loss of creativity and in some instances the loss of intellectual debate. Along with the furthering of standardized measurement of student growth and allocated monies connected to their achievement we have either become lost or have been mislead in preparing students to be viable members of an intellectually aware society. How then do we combat this trend? Can it be achieved through an educational overhaul? Is technology a key factor in achieving educational restructuring?