If someone is talented enough, schools will bend the rules on credentials. You can't do it "on the way up", you have to be "already there." I suspect that a s

If someone is talented enough, schools will bend the rules on credentials. You can't do it "on the way up", you have to be "already there." I suspect that a school out there would be willing to triple his salary, and Mr. Ito could walk with faculty and corporate contracts and rebuild the Media Lab somewhere else. This is a small price to pay to keep him. This is perhaps also made a little easier based on the field. In the arts, faculty members do get by without Phds a little more often than in science. Sometimes an MFA is enough.