Digital Education Unlocks India’s Economic Potential with Generative AI, Says Coursera CEO

Date:

AI to Revolutionize Digital Education: Coursera CEO

In a recent statement, Coursera CEO, Jeff Maggioncalda, emphasized the transformative power of generative artificial intelligence (GenAI) in the field of digital education. Maggioncalda believes that access to online education has the potential to unlock India’s economic potential, providing a unique advantage to its people.

Maggioncalda highlighted the immense reskilling opportunity offered by GenAI, stating that it can bridge the gap between average and high performers, creating a more equitable society. However, he emphasized that access to education is crucial for this transformation to occur.

The COVID-19 pandemic has laid the groundwork for online education and remote work opportunities, Maggioncalda noted. He further highlighted that GenAI could serve as a great equalizer and provide a competitive edge to the people of India.

Moreover, AI will not only create a demand for upskilling but will also enhance the quality and accessibility of education worldwide. Maggioncalda underscored the cost-effectiveness brought about by AI, mentioning that it used to cost $10,000 to translate one course into a different language, but now it can be done for just $20. This technological advancement has allowed Coursera to translate 4,200 courses into approximately 20 different languages, eliminating language barriers for those seeking high-quality education.

India is poised to lead in terms of learner numbers in online courses within the next few years, as long as its current growth pace is maintained. The country currently has 23.4 million learners on Coursera, the second-highest number globally, after the United States.

Within India, only 27% of high school graduates go on to pursue college education compared to a global average of 41%. The National Education Policy 2020 aims to increase India’s gross enrollment ratio to 50% by 2035, with digital education playing a critical role in achieving this objective.

See also  ChatGPT's Answer on Polkadot Parachain and Price – An Amazing Insight

Realizing the potential of AI in training employees, Coursera has launched a GenAI academy to assist businesses. Additionally, they have introduced a career academy to help organizations reskill and redeploy their workforce. With companies increasingly looking to India for their future workforce, talent agility and the ability to seize opportunities quickly will be key.

Overall, Maggioncalda’s insights shed light on the game-changing impact of AI on digital education. As GenAI revolutionizes the quality and accessibility of online learning, it has the potential to transform societies, close educational gaps, and unleash economic potential. India, in particular, stands to benefit from these advancements, as it aims to provide education opportunities to a larger segment of its population.

Note: This article is generated based on the provided guidelines and does not include any additional messages or disclaimers.

Frequently Asked Questions (FAQs) Related to the Above News

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

Share post:

Subscribe

Popular

More like this
Related

Beware AI Attacks: Expert Warns of Rising Threats

AI attacks are a rising threat, warns security expert. Learn how criminals exploit AI to target unsuspecting individuals and how to protect yourself.

Nursing Job Opportunities in Singapore Offer Lifeline for Indian Nurses

Discover how Nursing Job Opportunities in Singapore are becoming a lifeline for Indian Nurses seeking international career growth and advancement.

Google’s AI Drive Increases Greenhouse Gas Emissions 48% – Sustainability Challenges Ahead

Google's AI integration raises greenhouse gas emissions by 48%, posing sustainability challenges for the tech giant.

IIT Mandi Startup Develops AI-Enabled Yoga Mat ‘YogiFi’ Presented to Union Ministers

Indian startup Wellnesys Technologies Private Ltd, incubated at IIT...