As the world becomes more digital, artificial intelligence (AI) is rapidly expanding and infiltrating every area, including education. Educationists all across the world recognise this fact and acknowledge AI’s transformative potential in the world of education.
Based on a new research report by the market research and strategy consulting firm Global Market Insights, artificial intelligence (AI) in the education market is anticipated to have a 10% CAGR within the next 10 years.
“In today’s fast-paced world, the expectations and challenges of every industry are continually changing. It is critical for leaders, including those in education, to keep up with the rate of change”, says Mr Tarun Anand, Chancellor of Universal AI University, on the growing importance and impact of AI. He further stated that “The world will not wait for us to catch up; instead, we must race to remain ahead and prepare the next generation for the demands of tomorrow.”
Mr. Anand is a well-known figure in the field of education in India. He is the Chancellor of Universal AI University, India’s First AI University, as well as the founder of Universal Business School, India’s First Green B-School, in Karjat, Mumbai. He believes that by incorporating AI, institutions like Universal AI University would be able to create personalized learning programs powered by AI for students to meet their unique requirements and close any knowledge gaps that may exist.
According to a 2019 Brookings study, 27% of the present work required in “educational services” can be automated by utilizing existing technology, potentially leading to higher time freedom and productivity. “AI also helps students communicate with academic professionals more easily by receiving quality feedback on their homework, projects, and exams faster and more accurately than ever before,” says Mr Anand.
With the assistance of AI technology, education can have limitless possibilities. Therefore, Universal AI University aims to empower students and learn by providing cutting-edge Quantum Computing, AR/VR/MR, and IoT labs, as well as an incubation center, allowing them to experiment with new age technologies and cultivate new companies.
Believing in the importance of AI in the education system, Mr. Anand is committed to providing students with the essential knowledge and skills in Artificial Intelligence, Machine Learning, and Data Science through Universal AI University. Aside from being situated in the heart of nature, the university’s top-notch facilities, renowned expert faculty, and unique curriculum provide students with the tools they need to thrive in the fast-paced digital industry.
Anand’s goal is to be a key driver of the country’s growth and development by teaching universal skillsets mixed with experiential learning techniques and serving as a research hub for the development of new AI technologies. This would bring economic and technological benefits to India through its revolutionary undergraduate, graduate, and postgraduate programs in Liberal Arts, Global Affairs, Law School, AI & Environment School, Sports Sciences School and Management School.