ESPN's John Gasaway has a piece up on his blog --
https://johngasaway.com/ -- advocating replacing the Committee for purposes of selection/seeding with some form of wins-based statistical ranking method; he proposes either Torvik's Wins-Above-Bubble ("WAB") or Strength of Record.
If the NCAA didn't want to pick just one such method, presumably they could (like with the NET, but better) create some kind of composite formulated from several different of such methodologies, that could have the benefit of being (1) transparent and (2) remove the vagaries and conspiracy theories surrounding the Committee and (3) no less "accurate" in its rankings than the Committee's choices.
Here's the crux of his argument for the benefits of such a change (beyond just "this isn't something we should be doing by a Committee"):
“[Replacing selection/seeding by a committee with WAB or SOR-type method] would make its impact felt on every aspect of the season … . Selection would become real-time, and each game’s true impact on the bubble or on the race for the four No. 1 seeds would be known day by day. Conference tournaments in particular would be turbo-charged as we’d know the exact stakes in play and as bids change hands hour by hour.
Then, with the field already selected, Selection Sunday could transcend the mere reading of a static list and instead be as entertaining and unpredictable as an NBA draft. The bracket could build itself before our eyes according to choices made in real time by 68 programs. Is it better for No. 3 seed Michigan to play in a bracket of death close to home or to head out West for a more favorable No. 6 seed? Why is a third party making this calculation? Let Juwan Howard decide, and let him do so live on CBS and on the clock.”
I know we've debated over the years the plusses and minuses of having the bracketing done via the kind of "draft" Gasaway proposes. Personally, I'd love it -- as it would greatly increase the drama and theatre of the the Selection Sunday process and provide much better debate fodder over the dozens of decisions the schools/coaches make about matchups and placement vs. carping about, e.g., the Committee hosing Duke by putting Michigan St. in our region, etc.
But, his point about the effect his proposed approach would have on the last couple of weeks of the regular season and conference tournament play is pretty legit too -- people would be able to see in real time and based on real data (not merely what Joe Lunardi or Jerry Palm or the Bracket Matrix predicts the Committee will do) of every win and loss by every team on the composition of the NCAA tournament field.