EdTech Insight – Why organizations should take a human-led approach to capture the full value of tech investments

by EdTechMate | May 22, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Recent trends in education technology highlight a significant divergence between digital and AI adoption leaders and those falling behind. This growing digital divide is notably reflected in total shareholder returns, with a two to...

EdTech Insight – Strategic alliances for gen AI: How to build them and make them work

by EdTechMate | May 22, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Generative AI (gen AI) has the potential to revolutionize various industries by contributing up to $4.4 trillion in annual economic impact. The adoption of gen AI is accelerating, owing to its significant private investment and...

EdTech Insight – Using AI in economic development: Challenges and opportunities

by EdTechMate | May 22, 2024 | McKinsey, News & Insights

Executive Summary and Main Points The intersection of artificial intelligence (AI) and economic development stands at the forefront of innovation, with AI having the potential to revolutionize how economic growth and resilience are supported. Generative AI could...

EdTech Insight – Ready. Set. Scale. Shaping leaders for hypergrowth

by EdTechMate | May 22, 2024 | McKinsey, News & Insights

Executive Summary and Main Points The recent dialogue in the education technology sphere draws parallels between the challenges of startup scaling and the evolving nature of higher education. Innovators analogous to eVTOL entrepreneurs in the higher education sector...

EdTech Insight – America’s productivity growth is recovering to pre-great financial crisis rates. Europe has more work to do

by EdTechMate | May 22, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Recent analyses by the McKinsey Global Institute (MGI) have identified significant factors hindering productivity growth, particularly a decline in capital investment and the culmination of two major manufacturing productivity waves....