Will Mooc replace universities ?

I think mooc  (udemy,coursera,udacity) will replace universities in 1 decade from now .
the reasons are :

1) cost reduction
2) freedom of location
3) freedom to plan my day
4) ability to personalize own pace , subjects

only disadvantage in mooc is less social as compared to university . 

I feel after 10 years we will have mooc and local meetups - a combination that could replace universities .

What do you think ?