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....

EdTech Insight – Defining your ‘true north’: A road map to successful transformation

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

Executive Summary and Main Points Businesses around the world are facing ongoing macroeconomic and geopolitical challenges, underscoring the need for continuous transformation that extends beyond sporadic efficiency drives. Successful enterprises are engaging in...

EdTech Insight – The McKinsey Crossword: ’Tis a P-T | No. 181

by EdTechMate | May 21, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Innovative practices in global higher education continue to evolve, with digital transformation being a central theme. The use of interactive digital tools such as online crosswords, as indicated by McKinsey’s weekly...

EdTech Insight – A new future of work: The race to deploy AI and raise skills in Europe and beyond

by EdTechMate | May 21, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Emerging trends in automation and artificial intelligence (AI) are significantly reshaping labor markets, particularly in STEM, healthcare, and higher-skill sectors. A mid-point adoption scenario anticipates up to 30 percent of...