November 28, 2022

AI Applications in Education: Emaar Founder Has Made a Call for Investment

AI Applications in Education: Emaar Founder Has Made a Call for Investment:

With AI becoming more integrated into our everyday lives, it’s no surprise that the academic sector scrambles to train new learners sufficiently to keep the AI development drive on track. Legacy systems are pretty prevalent in the educational system. Artificial intelligence technologies, however, may usher in a new era of automation and cover the inadequacies in conventional grading systems. The worldwide market for AI applications in education is anticipated to reach $3.68 billion by 2023, expanding at a compound annual growth rate of 47% from 2018 to 2023.

Recent studies have shown that the number of EdTech investments has increased dramatically over the last year. Since the industry has been growing steadily over the past several years, there are now many more EdTech companies and opportunities for online education and AI training in the Middle East. The co-founder of Emaar has declared AI to be more vital to human survival than water and has asked for more funding for AI-related educational initiatives.

Emaar’s Founder Claims AI Is More Vital Than Water And Electricity

Alabbar believes that the value of AI is much beyond even the most essential utilities we have now. AI increases transparency and raises the bar for human potential. The use of AI is helping educators tailor lessons to each student’s needs. Using hyper-personalization principles, AI is integrated into creating individualized study plans for each student. AI makes personalized training programs that consider each student’s chosen learning style, current skill level, and prior experience. Alabbar thinks the world will be saved if we can successfully use AI to supplement government efforts to raise educational standards.

Educators And Senior Management Need The Training To Employ AI In The Education Sector

The most challenging obstacle to overcome now is getting teachers and senior management motivated about AI and providing them with enough training. Academic administrators can use AI to aid student applications, course administration, budgeting, enrollment, instructor HR concerns, and other facility expense management. In addition, educational institutions can also benefit substantially from using AI-powered solutions since they allow for higher efficiency, reduced operational costs, more insight into revenue and spending, and better overall response.

Can A Surge In eLearning And AI-Powered Education In The Middle East Be Expected?

The development of artificial learning and AI automation is helping to fuel the expansion of the EdTech sector throughout the globe. The Middle East countries, such as the UAE, Qatar, Kuwait, etc., have access to cutting-edge technology and attract significant foreign investment, making them ideal locations for eLearning’s rapid expansion. Technology in education facilitates the transmission of multimedia and interactive lessons to learners across various platforms and devices. On the other hand, the hybrid paradigm enables students to access online or live lectures from home or while at work. More than half of the Middle Eastern population is under 25, making it crucial that today’s students access and benefit from technological advancements to secure future leadership roles. Thus, the Ministry of Education in UAE recognizes the importance of implementing and supporting AI-enabled education technology projects that enhance the teaching experience for students.

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