Is Education Preparing Young People for Their Working Future?

Arguably this fourth industrial revolution, like the three before it, has evolved from advancements in new technologies - advancements that have the power to recompose entire economies and societies, and ultimately the way we live. 

The Industry

According to a KPMG study, the size of India’s e-learning market was Rs. 1,582 crores in 2016 comprising 16 lakh users. There are many promising EdTech driven communities that are making inroads. EdTech giants are effectively using the Artificial Intelligence, Augmented Reality and Virtual Reality to revolutionize the education ecosystem. It makes education, edutainment.

Rise of AI

New technologies like artificial intelligence are emerging with the potential for having a transformative impact on industry, the economy and society as a whole. The speed and scope of this technological transformation is exponential with the potential for unlimited possibilities and endless opportunities. What are the implications for schools, educators and students? How do we redefine career readiness and better prepare students for an uncertain future?

Education Technology enables multi-dimensional learning via interactive tools like articles, videos, podcasts, webinars, discussions boards, and chats etc. Now students sitting in any corner of the country or world can access the lessons at just a click of their mouse. It is surely going to greatly transform the learning scenario.

The Educational Revolution

Although there have been debates about whether current developments in technology are the late part of the third industrial revolution – the advent of information and communications technology or ICT – or constitute the advent of the fourth industrial revolution, it is increasingly clear that the rapid development of technology has changed everyone’s economic, social and cultural status quo. 

Expert Speaks

On initiating the Technological change in the curriculum, Manit Jain, Director, The Heritage Schools said,” Reforming education, redefining pedagogy and the curriculum to ensure that we rehumanise it and make it more meaningful, purposeful, joyful for the children and in that sense also begin to provide them the skills needed to navigate the relationship and careers in 21st century.”

Manit Jain further added,” Machines are getting intelligent at a rapid pace. As we enter the Fourth Industrial revolution, we are to witness the coming together of the physical, biological and digital along with tremendous creation on one hand and just like any other revolution a lot of bunch will be losing jobs.”

“It will all depend on our ability to relate and create our social creative intelligence. The mannerism in which education is transacting ensures that we are making it more machine and human”, said the Director, The Heritage Schools.