The latest news and information about startups and innovations in education.
Happy New Year Friends!
We wish all a productive, innovative, successful, and peaceful 2020!
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Predictions by research firms substantiate the expected growth of the EdTech market. Total global education expenditure is expected to reach $8 trillion for 2025. EdTech expenditure, driven by AI, is expected to reach $341 billion by 2025. Education-focused AI expenditure itself is likely to be hit $6 billion by 2025.
The advent of EdTech is climbing most rapidly in Asia. The Asian education system is the biggest in the world thanks to a greater number of younger people in the continent than anywhere else in the world. The importance of EdTech also lies in its ability to democratize education by equalizing standards and enabling access for all. Online platforms, mobile applications, etc., have been instrumental in helping education penetrate deeper into society.
Colleges and universities are requiring their students to install apps which an be used to track their attendance and academic performance, assess their mental health, and analyze their conduct. However, these apps also constitute significant encroachments of students’ privacy, and potentially send the troublesome message that a surveillance state is the norm.
I urge edtech entrepreneurs to change the lens with which they view their product development. Education shouldn’t be viewed as simply a “market,” and children are certainly not “widgets.”
Technology can and should be used with fidelity in schools, but we must balance technology use with developmental psychology, the psychology of addiction and educational psychology. We need educational technology that puts highly trained teachers at the center of product design and implementation. It is human interaction that truly engages children and inspires them.
The world of education and teaching is advancing rapidly and is preparing pupils for the 21st century. It is essential to adapt the pedagogy to the changing reality and to develop relevant skills that will enable pupils to function optimally in the future. Use of video clips and online courses for learning, training, and education has increased over the years because of their widespread accessibility—both in terms of time and of place.
The lack of a physical learning experience and the difficulty in ensuring and assessing the students’ understanding of the study material have shown significant disadvantages. However, innovative auxiliary tools for teaching and improving digital literacy have a positive influence on the education system.
The new year’s boost swells a business which has transformed over the last two decades from a quirky sideshow into a multibillion-dollar industry, one that draws on the culture of self-help and self-improvement that pervades the corporate world.
The role of an executive coach is to help a client achieve professional and personal ambitions by honing their performance. Executive coaching is big business. According to the International Coach Federation, which started in 1990 to establish standards for the industry, the US spent $2.35bn on coaching in 2017.
While some individuals find their own coaches, large employers hire coaches to develop top leadership teams and embed coaching into learning and development programmes.
The Founder Experience: "What the Barclays Accelerator was Really Like"
Join the Barclays Accelerator, powered by Techstars New York for a live, interactive Ask Me Anything. Accelerator alumni companies, Taptrip and Lance, will give their candid perspective on what the accelerator experience was like and what the founders wish they knew when they were applying. Bring your questions and hear first-hand stories from those who have been right in your shoes!
Laura Truncellito- Laura is the founder and CEO of Language Scholars, LLC, a company which seeks to utilize cutting edge technology to enhance global learning and communication. firstname.lastname@example.org
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