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Education Technology Insights | Tuesday, October 25, 2022
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The upcoming year will undoubtedly witness the introduction of brand-new technical advancements and practically constant improvement of the education domain.
FREMONT, CA: The global education system needs to get updated to introduce new technologies. The requirement to update the skill set of the worldwide workforce will grow more critical as new technologies enter the market and become more pervasive in everyday lives. This necessitates the continual integration of the new curricula into ongoing professional development programs and the educational systems worldwide.
There are a few technologies with the greatest potential contribution to change in the upcoming year, such as Artificial intelligence (AI)—also included are machine learning (ML), Big data, the Internet of Things (IoT), Robotics, and 3D printing.
The estimated USD 450 billion global markets for these technological sectors will exist in the following year. This sizable anticipated global market for 2022 highlights the diverse applications of these technologies. As a result, there is a greater need for training, continuing education, and applicable and instructive programs.
It has become apparent that these upcoming technologies will have a step-change impact on some businesses while having a vertically steep, quite abrupt transformation in others. Whatever the case, quick action is now required. Some people now argue that some of their fundamental economic ideas must change to align with the supply and demand of emerging technological capabilities.
The multi-year period of advancement that the global scientific and technology community is currently experiencing. Not only are several technologies developing concurrently, but they frequently reinforce one another. These all come together to bring about a time of major change in the world in which people live and work. It is now crucial for educators to educate and inform the worldwide populace about the changes brought on by new technologies. Since the coronavirus outbreak started, the number of STEM jobs in the US has grown significantly.
Unsurprisingly, they comprise medical researchers, biochemists, biophysicists, and biological technologists. However, rapid encouraging action in this scenario will take years for kids to get the education necessary to meet the present standards of those positions.
IT leaders believe talent scarcity is the biggest obstacle to adopting 64 per cent of innovative technologies, up from 4 per cent in the past year. That is a significant and expanding problem. The issue is not limited to the United States. There is a global shortage of highly skilled technical talent. There is a skills shortage of about 40 million qualified employees worldwide. In the future, businesses risk losing more than USD 8.4 trillion in unrealised revenue. Except for the United States and China, all countries in the Worldometer report pale compared to the USD 8.4 trillion.