AI Applications Extend Throughout Education Sector

The application of AI in the education sector continues to expand use cases around the globe. The education industry, while scrutinized for sometimes being slow to adapt to changes experienced outside of the physical confines of a classroom or lecture hall, finds itself at the center of Artificial Intelligence (AI) discussions. Like most industries, AI has created a set of forced choices in the wake of data purporting a professional base of employees, not all of whom will be human over the next decade. International Data Corporation's (IDC) research notes that worldwide spending on AI-Centric systems will surpass $300 Billion by 2026. Furthermore, according to IDC forecasts, the continued integration of AI into various products and services looks to grow CAGR by 26.5% between 2022-2026. As Michael Horn shared with Forbes late last year, many notable educational voices support a gradual restructuring of the industry, addressing the current and forecasted needs of all stakeholders.