close
close

Voice News

CA News 2024

searchengine

Education Reinvented with AI: Skill Acquisition Skyrockets

Artificial Intelligence (AI) is playing a crucial role in reshaping learning experiences in the rapidly evolving education landscape, with universities and EdTech platforms at the forefront of this transformation.

Industry leaders are reporting a surge in demand for AI skills, with enrollments skyrocketing and a focus on upskilling individuals at different career stages.

Educational institutions are quickly adapting and offering specialized AI courses to meet the changing skill requirements, reflecting a paradigm shift in the educational landscape towards embracing technology.

According to a report by industry body Nasscom, India ranks first in AI skills penetration with a score of 3.09, thanks to higher-than-average compensation and growth prospects.

Another report states that data and AI could add $450 to $500 billion to India’s GDP by 2025.

UpGrad co-founder and MD Mayank Kumar said GenAI is on its way to becoming an ”Excel-like phenomenon”.

”The market is already showing high demand for specialist skills, which is reflected in our enrollment figures. This trend is not limited to mid-career or senior professionals; even freshers are eager to develop basic AI skills, regardless of their industry ecosystem.

”Enrollments for Tech, Data and GenAI courses on upGrad stood at 6,000 per quarter in FY24, with 1.4 lakh students enrolled in free courses in a year,” Kumar said.

Raghav Gupta, MD, APAC and India, Coursera, echoed the sentiment of rising demand for AI skills.

By 2023, approximately every three minutes, someone in India signed up for GenAI content on Coursera. By 2024, this demand and the number of registrations per minute will quadruple,” he added.

He further said that AI will be both a disruptor and an enabler.

“The rapid advancement of generative AI is reshaping industries and putting even high-skilled jobs at risk through automation. The rising demand for GenAI courses on Coursera is indicative of the potential this technology can unlock. It is one of those technologies that holds the key to tackling its disruption, revolutionizing education and transforming not just ‘how’ but also ‘what’ we all learn,” says Gupta. Former Finance Minister Arun Jaitley, in his 2018-19 Budget speech, tasked public policy think tank NITI Aayog to set up the National Program for AI to guide research and development in new and emerging technologies.

Under the National Strategy for AI, five key sectors are targeted for AI implementation: healthcare, agriculture, education, smart cities and infrastructure, and smart mobility and transportation. It also addresses ethical, privacy and security issues related to AI integration.

It highlights the need for the FAT (Fairness, Accountability and Transparency) framework and data and IP protection to support AI innovation.

Further training and specialization courses are being introduced for freshers and experienced individuals. This paradigm shift is being implemented quickly and effectively by online platforms and universities, with graduate and postgraduate courses offering significant add-ons and specializations in the field of AI.

Indian Institute of Technology Delhi introduced ”An Introduction to Artificial Intelligence” for students majoring in computer science. Management institutes and even art academies are following suit.

Assistant Professor of Digital Media at Indian Institute of Mass Communication Vinit Utpal said AI penetration is not limited to technology-driven industries but also goes beyond administrative and other sectors.

Administrative officers, especially in information services, are being trained to use AI in their operations, he said, adding that the Indian media is also gradually adapting to the change.

Communications industries are adopting AI for many back-office operations, such as transcribing voice or videos, subtitling videos and analyzing audience preferences. AI-based anchors are used in various TV channels. AI also allows management or administration to make advanced analyzes of the interactions between users and readers, allowing them to be better informed,” he says.

”Skill requirements in the workplace have evolved. With the advent of the Internet, the ability to distinguish between useful and less relevant information for decision-making has become a crucial skill. With generative AI becoming part of working, the requirement has increased further,” said Amit Jain, Assistant Professor of Organization and Leadership Studies, SP Jain Institute of Management & Research.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)