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Education Sector: OpenAI Is Looking To Capitalise $7 Trillion By 2025

Nov 17, 2023

OpenAI Funding

The post Education Sector: OpenAI Is Looking To Capitalise $7 Trillion By 2025 appeared first on Coinpedia Fintech News

OpenAI has already faced a lot of backlash and is now taking a step ahead in advancing ChatGPT. But can they reach their goal by the end of 2025?

The priority of OpenAI has shifted towards the integration of ChatGPT assistance and to fetch the same into the educational sector for enhanced favourable opportunities. This pivotal decision was considered after a profound insight from educational institutions concerned with cheating risks in academics. However, AI seems to have the potential to set everything right with the latest decision that is in progress. 

Undoubtedly, AI has been a big saviour to most people. However, it came as a threat to academic structure, but the transition that OpenAI is going through will improve learning without creating any shortcomings.  

Figuring out the complexities 

OpenAI’s Chief Operating Officer, Brad Lightcap, announced at a recent conference in San Francisco the formation of a specialized team to delve into the educational applications of ChatGPT. Adding to that, he furthermore says, “Most teachers are trying to figure out ways to incorporate [ChatGPT] into the curriculum and into the way they teach.”

Understanding his statements vividly, we can contemplate the fact that ChatGPT is going to play a vital role in fostering the schools while including the crucial aspects in the academic syllabus, which acts as a beneficial educational tool. Moreover, the OpenAI has formulated strategies effectively that a preparedness team will take charge of to prevent or combat risks concerned with AI learning or technology. 

The Foreseen Future

The critical overview of this venture is to practically increase the market size and education from a global perspective. Additionally, the company is attempting to estimate up to $7.3 trillion by the end of 2025 and $10 trillion by 2030. 

OpenAI has partnered with Khan Academy and Schmidt Futures to engage in this crucial education sector, as they are going to bring a promising transformation with the inclusion of artificial intelligence. This transformation will be a ground-breaker in both educational and technological spaces.  

Conclusion 

This venture can be foreseen as a sound venture. Well, that is because OpenAI is actively concentrating on complex areas and working on them effectively for a seamless flow. 


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[Source: Coinpedia]

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