Artificial Intelligence (AI) is transforming multiple sectors, and education is undoubtedly one of them. This cutting-edge technology has the power to revolutionise modern education by customizing learning experiences, enhancing educational achievements, and empowering students and teachers alike.

Curious to witness the tangible influence of AI in education? Let’s explore a few statistics that shed light on how Artificial Intelligence is being employed in the educational domain:

• By 2030, the AI in the education market is projected to surpass $80 billion, as per a report from Global Market Insights.
• The Markets And Markets report indicates that the global utilization of AI in the education market could reach a value of $3,683.5 million by 2023.

India’s push to encourage AI in education aligns with its larger vision of becoming a global leader in the AI sector. By embracing AI technologies in education, India aims to create a future-ready workforce that can thrive in the era of AI-driven economies.

The National Education Policy (NEP) 2020 places a strong emphasis on aligning the curriculum with the requirements of an AI-driven economy. The policy focuses on two key aspects:

1.Equipping students with essential technical knowledge.
2.Integrating AI in education to facilitate high-quality, skill-based learning that meets the demands of Industry 4.0.

National Strategy on Artificial Intelligence

In 2018, NITI Aayog, the Indian government’s policy think tank, unveiled the National Strategy on Artificial Intelligence, whcih highlights the responsible and ethical development of AI governance. Initiatives like NITI Aayog’s #AIForAll campaign and the adoption of corporate strategies aim to ensure that AI is developed with humanistic values at its core.

The country is taking a significant step towards embracing the potential of artificial intelligence (AI) in education. The Education Ministry has been allocated a substantial budget of Rs 1,12,899.47 crore, marking an 8% increase from the previous year. This increased funding demonstrates the government’s commitment to improving the education system and promoting technological advancements in the field.

A major development in this year’s budget is the launch of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0, which aims to skill millions of youth within the next three years. This initiative recognizes the importance of equipping the younger generation with the skills required to thrive in an increasingly digital and AI-driven world.

In light of the increasing worldwide need for a proficient workforce in artificial intelligence, the Ministry of Skills Development and Entrepreneurship is gearing up to revamp its existing curriculum and introduce specialised courses that cater to this demand.

The 2022 edition of UNESCO’s State of Education report for India, which centers around the integration of AI in the education sector, reveals that the AI market in India is projected to reach a value of $7.8 billion by 2025, demonstrating a compound annual growth rate of 20.2 percent.

Indeed, the future of AI appears to hold great promise!

Artificial Intelligence is reshaping modern education by enhancing the learning and teaching experience. As AI continues to evolve, its potential to transform education and empower learners and educators alike is boundless.

However, we find ourselves in the early phases of delving into our engagement with the cutting-edge technology and the potential avenues through which machines and computer systems can amplify human intelligence.

The 26th World Education Summit is meticulously designed to dive deeper into trends, best practices, challenges, and opportunities in order to reap the full potential of this futuristic technology in the education sector.

India’s largest B2B education conference is bringing 300+ decision-makers from the education sector and tech leaders for the exchange of ideas and experiences. Moreover, the 2-day summit, scheduled on 4-5 July in New Delhi, will bring forth the latest technologies in its dedicated expo to drive innovation in the education system.

Join us in harnessing the power of AI!