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How AI is Revolutionising Education Industry

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Kamaldeep

28 June, 2023

How AI is Revolutionising Education Industry

According to a professional astrologer, Irene (Irenezodiac), since March 2023 the world has entered a new astronomical era where IT and Artificial Intelligence will thrive. She says that the world is going to see a drastic change in the technological arena which will revolutionise the world by far. But have we wondered to what extent it can impact various sectors including education? Well, hold on to your hats because we are about to explore the remarkable impact of Artificial Intelligence on the education industry. AI has emerged as a game-changer, revolutionising the way we teach and learn. From personalised learning experiences to intelligent automation, AI is reshaping the educational landscape in unimaginable ways. Let’s dive into the fascinating world where cutting-edge technology meets education!

Areas Where AI Has Made an Impact

According to a report by HolonIQ, the global market for AI in education is expected to reach 6 billion USD by the year 2025. Additionally, the average growth between 2020 and 2025 will see an increase with a growth rate of 47%. These stats depict that it is certain that AI will definitely penetrate deeper in the global education economy, thus, bringing in more changes.

As per the stats we discussed above, AI has proven to be of great assistance in several areas of education, enhancing both teaching and learning processes. One such example is personalised learning. By analysing a vast amount of data, AI algorithms can create learning paths that are especially tailored for individual student based on their strengths, weaknesses, and learning styles. This personalised approach ensures that students receive the right support and resources at the right time, thus, maximising their potential. According to a study by the University of Georgia, students who received personalised mentorship with the help of AI tutors performed better than those who received traditional classroom experience. The group that was taught by AI tutors scored an average of 72% as compared to 61% for the traditional group.

Another area where AI has made a great impact is tutoring. That’s where Machine Learning steps in. It helps algorithms to provide students with interactive and adaptive learning experiences. They can assess students’ progress, identify areas of difficulty, and offer targeted feedback and guidance. Hence, students can receive immediate support and help to understand complex concepts.

Challenges Faced while Executing Real-Life Scenarios with AI

As human psychology says, there are always two sides of a coin. Hence, as much as AI is making progress and penetrating in the system, it also has its challenges.

The first and foremost challenge is the lack of quality data. AI algorithms require extensive and accurate data to make informed decisions. For instance, ChatGPT does not offer updates beyond September 2021. Additionally, obtaining large-scale, high-quality datasets can be a daunting task, especially when it comes to education, as privacy concerns and data protection policies need to be carefully addressed.

Additionally, the need for skilled professionals who can understand and work with AI technologies is also a challenge. Training educators and administrators to effectively utilise AI tools and platforms can require significant investments in time and resources. Bridging the gap between technology and education expertise is crucial for successful integration.

Benefits of AI in the Education Sector

There is no doubt that the integration of AI in education can revolutionise the world significantly. Hence, more and more educational institutions are making an effort to collaborate with this new and emerging technology. According to the World Economic Forum, AI can help bridge the global education skills gap. It is estimated that AI-based adaptive learning platforms could help provide personalised education to more than one billion learners by 2030.

Firstly, AI enables efficient administrative tasks, such as automating administrative processes, managing student records, and streamlining admissions. This helps the staff to focus more on the education side.

The integration of chatbots on various websites and on educational platforms also help students to get immediate feedback and guidance. These act as real-time expert virtual assistants, ensuring that students have access to resources and assistance whenever they need it.

Another important benefit of AI is content creation. With AI algorithms analysing student performance data, teachers, as well as learners, can receive valuable insights. Thus, creating content that caters to students’ specific needs.

Related: The Advent of Edutainment: How Technology is Changing the Way We Learn

Way Forward

As we embrace the potential of AI in education, it is crucial to create a balance between technological advancements and the human touch. Educators will continue to play a vital role in fostering creativity, critical thinking, and social-emotional skills, which are essential for holistic development. Studies say that AI in education is a rapidly growing market. By 2025, the global AI in the education market is expected to reach 3.7 billion USD, with a compound annual growth rate of 45.2% between the year 2020 and 2025. This indicates that there is immense potential.

To fully leverage the benefits of AI, investments in infrastructure, research, and professional development are necessary. Collaboration between educational institutions, technology companies, and policymakers is crucial for creating an AI-powered education ecosystem that supports innovation and inclusivity.

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