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AI and Machine Learning: Enhancing Education or Driving it into Obsolescence?
As AI and machine learning have gained mainstream attention, many wonder if they will enhance or replace traditional methods of education. According to Joel Hellermark, cofounder of Sana Labs, AI and machine learning offer new possibilities to help humans learn and collaborate better, rather than replacing them. He compared the use of AI to a calculator, stating that using it is more efficient than manually calculating, and AI can similarly enhance the learning experience.
Hellermark’s company, Sana Labs, has created an AI-driven software to help businesses manage onboarding and training. The program leverages correspondences, documents, and the internet to answer questions and train employees, making training more efficient and personalized. Sana Labs has already landed paying clients, including Klarna, Merck, and Electrolux, and raised $54.5 million.
Hellermark envisions a future where content is presented dynamically and personalized to each learner’s context, role, interests, and previous knowledge. Machine learning will also incorporate multi-modal responses, such as text, image, video, or maps, to fit the needs of a given prompt. This could potentially lead to custom learning courses and project plans generated by AI.
While AI has many potential benefits in the education sector, it could also disrupt traditional teaching methods and leave some educators obsolete. However, Hellermark believes that AI will not replace human teachers but instead help them teach more effectively by providing new tools and personalization methods.
TikTok Ban to Affect American Businesses and the Creator Economy
For the 150 million Americans using TikTok, a ban on the app could have serious repercussions on the creator economy, a $100 billion industry that provides jobs to creators, managers, agents, lawyers, publicists, editors, producers, and assistants. TikTok’s U.S. ban would also affect the five million American businesses that use it to reach customers.
According to Bernstein analysts, a U.S. ban on TikTok could lead to significant stock jumps for Alphabet, Meta, and Snap, potentially adding $431 billion in market value. However, it could also disproportionately affect creators and businesses that rely on the platform for their livelihoods.
Despite the potential negative impacts of a TikTok ban, companies like Kream, a secondhand clothing marketplace, are finding success and raising funds to support their growth.
StartADAM and Pixxel, Startups Led by Forbes Under 30 Listers, Make Strides in AI and Space Data
StartADAM, founded by Forbes Under 30 Asia lister Adam Stone, recently raised $1.9 million for the launch of its AI concierge suite for team collaboration. The Los Angeles-based startup uses AI to manage and organize multiple workspace platforms, like Slack or Microsoft Teams, into a single stream. They plan to incorporate ChatGPT access, time-tracking, payments, translation, and employee rewards in the future.
Pixxel, another Forbes Under 30 Asia startup, recently announced a five-year contract with the U.S. NRO Commercial Systems Program Office for the Strategic Commercial Enhancements for Commercial Hyperspectral Capabilities program. Their plan is to create a constellation of satellites that monitor key environmental insights, such as oil spills, gas leaks, methane emissions, forest fires, water pollution, and crop disease, using hyperspectral imagery (HSI) remote sensing capabilities. Pixxel has raised over $35 million in Series A funding and is backed by Lightspeed, Radical Ventures, Relativity’s Jordan Noone, Seraphim Capital, Ryan Johnson, Blume Ventures, Sparta LLC, and Accenture.
As AI and space data continue to grow in importance, startups like StartADAM and Pixxel are on the forefront of innovation and progress.
