EdTech Insight – College AI degree programs are booming. Are they worth the cost?

by | Mar 2, 2024 | CNBC, News & Insights

Executive Summary and Main Points

The advent of Artificial Intelligence (AI) specific undergraduate degree programs in top universities reflects a significant shift in global higher education strategy. As the demand for AI-skilled employees surges, institutions such as the University of Pennsylvania, Carnegie Mellon, and MIT are establishing dedicated AI degrees, moving beyond traditional computer science curricula. These programs emphasize machine learning, computing algorithms, data analytics, and advanced robotics. Citing an increase in AI-related degree conferrals and the steady requirement of degrees for high-paying tech jobs, the trend illustrates a strategic pivot towards integrating more specialized technology education within academic frameworks.

Potential Impact in the Education Sector

The introduction of AI-focused degrees has implications across various levels of postsecondary education. In Further Education, an increase in AI-specific curricula could bridge the gap to Higher Education, especially for associate degrees and certificate programs aimed at quickly upskilling students. Universities offering AI bachelors create a seamless progression for students seeking specialization. This reacts positively to the labor market’s need for robust AI skill sets. Micro-credentials, such as those provided by online platforms, find relevance for professionals targeting specific competencies. The strategic partnerships between educational institutions and cloud service providers or online course platforms underscore the importance of digitalization, providing platforms for innovation and up-to-date skill acquisition.

Potential Applicability in the Education Sector

AI and digital tools present novel opportunities for pedagogical methods and curriculum development within global education systems. Beyond AI-specific educational content, these tech-centric programs are instrumental in teaching ‘how to learn,’ with an emphasis on intellectual curiosity, leadership, communication, and critical thinking. Additionally, by creating AI-driven educational content and lab experiences, technology companies and higher education institutions can co-develop dynamic learning environments that reflect the shifting technology landscape, preparing students for the immediate and future job market.

Criticism and Potential Shortfalls

Despite the rise in demand for AI competencies, there is skepticism about the staying power of a highly specialized AI degree due to the rapid evolution of the technology. Comparing AI degrees to once-popular Internet degrees, there is concern about their long-term applicability. It stresses the necessity for a well-rounded computer science foundation to maintain adaptability. Moreover, international comparative studies could raise questions about the standardization of AI education and the varying quality across institutions. Ethical and cultural considerations are also paramount, as AI applications pervade diverse socio-cultural contexts with different regulatory frameworks and societal values regarding technology use and data governance.

Actionable Recommendations

For higher education leaders, it’s crucial to shape AI programs that preserve core computer science competencies while also integrating specialized AI skills in curricula. This balance maintains long-term career viability and provides adaptability for graduates. Institutions should explore strategic partnerships with industry players, offering students real-world AI applications and access to cutting-edge resources. With the focus on lifelong learning, higher education can also implement modular courses, stackable credentials, and continuous professional development paths to cater to evolving AI fields. Finally, internationalization of the curriculum will prepare students for a global job market while ensuring ethical considerations in AI are core to learning outcomes.

Source article: https://www.cnbc.com/2024/03/02/college-ai-degree-programs-are-booming-will-jobs-exist-for-graduates.html