Research
A.I.-based Learning Market Watch BY SAM S. ADKINS In Metaari’s seminal market research report, called The 2019-2024 Global A.I.-based Learning Market, published in March 2019, we forecasted that the revenues for this new type of learning technology will reach well-beyond $3.8 billion by 2024. Within the report, we identified eight major catalysts driving the rapid adoption of A.I.-based Learning across the globe. Perhaps the most significant catalyst is the penultimate achievement of true preconized
learning. A.I.-based Learning has proven to be quite effective at one-to-one personalized instruction and is tremendously scalable — as scalability serves as a vital attribute to A.I.-based Learning. In addition, A.I.based Learning platforms can provide individualized tutoring to thousands of users simultaneously. EASIER ACCESS TO A.I.-BASED LEARNING The spike in private investment going to A.I.-based Learning companies is one of the eight
catalysts identified in the report. “The massive amounts of investments being made to A.I.-based Learning is clear evidence of the booming market. More than $4.7 billion was invested in A.I.-based Learning companies in 2017 and 2018. The barriers to entry are now quite low since developers can connect to commercial cloudbased A.I. engines. New lowcost, easy-to-use A.I.-based Learning tools are coming on the market at a rapid rate. Companies can get to market quickly by using the commer-
cial platforms and the new nocode and low-code authoring tools. There are marketplaces that sell inexpensive premade components. Developers are essentially assembling reality, not developing it from scratch. IBM, Microsoft, Google and Amazon all operate online marketplaces that distribute premade A.I. models, algorithms, bot templates, Conversational A.I.s, and “agent behaviors.” Innovations in A.I.s used in the healthcare sector are a major catalyst driving the adoption of A.I.-based Learn-
Elearning! Winter 2019
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