AI to Experience Massive Growth in Education

Artificial intelligence will experience more than a tenfold growth in the education sector over the next eight years. According to a new forecast by P&S Intelligence, expenditures for AI by schools will grow from $2.13 billion in 2022 to $25.77 billion in 2030.

Those figures are for worldwide expenditures, but North America is and will continue to be the largest user of AI in education. In 2022, North America accounted for $887 million, or about 42% of the worldwide total. P&S indicated this was owing to "highly developed educational infrastructure, a high focus on reducing the burden on teachers with respect to administrative tasks, huge spending on ed tech, an increased need for personalized learning in classrooms, and a surge in demand for intelligent solutions to improve students’ academic performance in the region."

At present, the top uses of AI in education are administrative, including automating tasks, as educational, in particular using AI to explore "opportunities for improving classroom teaching." Those use cases make up 77.4% of total AI expenditures in schools.

Further details can be found on the P&S Intelligence site. The full report starts at $4,900.

About the Author

David Nagel is the former editorial director of 1105 Media's Education Group and editor-in-chief of THE Journal, STEAM Universe, and Spaces4Learning. A 30-year publishing veteran, Nagel has led or contributed to dozens of technology, art, marketing, media, and business publications.

He can be reached at [email protected]. You can also connect with him on LinkedIn at https://www.linkedin.com/in/davidrnagel/ .


Featured

  • abstract generative AI technology

    Apple and Google Announce AI Deal to Bring Gemini Models to Siri

    Apple and Google have embarked on a multiyear partnership that will put Google's Gemini models and cloud technology at the core of the next generation of Apple Foundation Models, a move that could help Apple accelerate long-promised upgrades to Siri while handing Google a high-profile distribution win on the iPhone.

  • Interface buttons of Generative AI tool

    No Foolproof Method Exists for Detecting AI-Generated Media, Report Finds

    A new research report from Microsoft has found that no single technology can reliably distinguish AI-generated content from authentic media, and that deepening reliance on any one method risks misleading the public.

  • glowing icons over a stack of books

    Project to Boost Literacy through Data-Guided Practice

    The University of Iowa's Iowa Reading Research Center (IRRC) and the Wyoming Department of Education (WDE) have partnered with Foundations in Learning on literacy support for rural students in grades 3-5.

  • woman working on laptop, holding documents, sitting at desk indoors

    OpenAI Unveils ChatGPT for Teachers

    OpenAI has introduced a free version of ChatGPT for teachers, aimed at providing a secure workspace to adapt classroom materials, streamline prep, collaborate with peers, and more.