Edtech might have bigger concerns than AI.
Shares of edtech company such as Chegg still struggling to recovered from their dive earlier this month. Its stock fell off a cliff after the company reported its Q1 results.
Chegg stock is trading at lowest level since April 2017, this is due to the market share lost to ChatGPT, Josh Schafer, Yahoo Finance Analyst, said that Chegg stock has been falling for several months due the impact of ChatGPT, and as result of this, Chegg has commenced partnering with OpenAi to incorporate ChatGPT-4 into Chegg to build there own version of AI products. There is need for serious catchup by Chegg, because ChatGPT is free and most options on Chegg are not, Josh said.
Edtech Might have Bigger Concerns than AI
While AI is one of the most talked-about trends in edtech, there are a number of other concerns that are just as important, These include:
Access and equity: The affordability of edtech and unequal access among students can result in a digital divide, separating those who can access edtech from those who cannot.
Data privacy: Edtech companies gather extensive student data, which can be utilized to monitor progress but may also be utilized for purposes like marketing. It is crucial to ensure ethical and responsible use of student data.
Bias: Edtech algorithms have the potential to exhibit bias, leading to unjust treatment of students. For instance, an algorithm used for course recommendations might display bias against students from specific racial or ethnic backgrounds.
Teacher workload: Edtech has the potential to increase the workload of already burdened teachers. Adequate support and time should be provided to teachers to effectively utilize edtech and receive training on its usage.
As edtech continues to evolve, it is crucial to address these concerns and maintain a balanced perspective. It is essential to recognize both the potential benefits and risks associated with edtech.
Alongside the aforementioned concerns, there are several other factors that demand consideration when evaluating edtech solutions:
Content quality: Edtech solutions should offer curriculum-aligned, high-quality content.
User experience: Edtech solutions should be user-friendly and engaging for students.
Affordability: Edtech solutions should be reasonably priced for schools and districts.
Conducting thorough research before selecting an edtech solution is vital. Engage with educators who have previously used the solution and consult reviews from independent sources. By conscientiously assessing the factors mentioned above, you can choose an edtech solution that promotes effective learning and student success.
Edtech Might have Bigger Concerns than AI, “The services provided by Chegg have been controversial because there have been reports of student cheating using Chegg services“.
ChatGPT Responds on the Impact on Edtech Industry
I ask ChatGPT this question “will there be a negative impact of chatgpt in the edtech industry?” below are its responds:
As an AI language model, ChatGPT is designed to provide helpful and accurate responses to a wide range of questions on various topics, including education. The use of AI language models like ChatGPT in the edtech industry has the potential to significantly enhance and improve educational experiences for students and educators alike.
However, like any technology, the use of AI language models in the edtech industry may have some potential negative impacts. Some concerns include:
- Dependence on technology: As AI language models become more prevalent in education, there is a risk of students and educators becoming too reliant on technology for learning and teaching, which may reduce critical thinking and problem-solving skills.
- Data privacy and security: The use of AI language models in the edtech industry involves collecting and storing sensitive data about students and educators, which raises concerns about data privacy and security.
- Bias and discrimination: AI language models are trained on large datasets, which may contain biases and perpetuate discrimination. This can result in the perpetuation of stereotypes and inequalities in education.
- Limited personalization: AI language models can provide personalized learning experiences for students, but they are limited by the data they are trained on and may not always be able to provide a truly personalized experience for each student.
To mitigate these potential negative impacts, it is important to use AI language models in the edtech industry responsibly and ethically. This includes ensuring that data privacy and security are prioritized, addressing biases and discrimination in the data used to train AI models, and balancing the use of technology with other teaching and learning strategies to promote critical thinking and problem-solving skills. So, it is obvious that Edtech Might have Bigger Concerns than AI