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It is very difficult to find out one industry, that has not adopted smart machines and models, integrated with Artificial Intelligence across the world. The world has embraced the amazing functionalities of Artificial Intelligence and machine learning algorithms to boost productivity as well as ensure higher customer engagement. People are using these smart machines, even in their homes to adjust to this fast-paced life in the tech-driven era. Indeed, there is an immense scope of Artificial Intelligence in the upcoming years to enhance the standard of living of society. The Artificial Intelligence market size is expected to reach US$266.92 billion by 2027, with a CAGR of 33.2%. Artificial Intelligence trends are instigating organisations as well as common people to wait for further new AI innovations. Hence, let’s take a glimpse at the top 10 Artificial Intelligence trends in 2023 to know what is waiting for us in the nearby future.Ethical AI
Some reputed companies such as Google, Microsoft, Apple, Facebook and other tech giants are building ethical AI to follow an ethical framework with four essential principles for effective data governance— fairness, accountability, transparency well to explainability. This is currently the most popular Artificial Intelligence trend in 2023 for providing the inside look into its own system to stakeholders. These companies are initiating multiple programmes and research to encourage other companies to adopt ethical AI with personalised strategies as per the requirements of a business.Explainable AI
Explainable AI is a part of ethical AI that provides a complete explanation of how the Artificial Intelligence models and machine learning algorithms are working inside to generate the appropriate meaningful business insights and predict the future. Companies leveraging disruptive technologies are required to maintain transparency to stakeholders with a full explanation. But it is creating controversy because companies do not want to disclose all their steps and processes to the public for patent purposes in a cut-throat competitive market.Predictive Analytics Emotional AI AI with AR and VR
Augmented Reality and Virtual reality are already providing immersive experiences to consumers as well as industries all around the world in these recent years. The combination of these three disruptive technologies- Artificial Intelligence, Augmented Reality and Virtual Reality has the potential to revolutionise the world with its amazing functionalities. The trio has already started to transform the relationship between customers and companies by providing extra personalisation and customisation of products and services to meet the needs and wants of each customer.AI in Robotics
Robotics is taking over industries with its useful functionalities in every possible way around the world. There is a common presence of Artificial Intelligence in Robotics solutions that makes robots smarter and intelligent like never before. It is, indeed, a powerful combination to enhance customer service cost-effectively. Robots can perform successful surgeries, dance, protect employees from harmful environments and many more activities by leveraging Artificial Intelligence into RPA.AI in Cybersecurity AI in Computer Vision
The integration of Artificial Intelligence, in Computer Vision, has transformed existing computer systems into smart computers with the following functionalities— analysing human posture and movements, tracking humans and vehicles for collecting data as well as for law enforcement officers, analysing videos with the help of hi-tech CCTVs, facial recognition of the needed person, detecting different levels of diseases as well as identifying objects for autonomous vehicles.AI in IT
The IT sector has embraced the functionalities of Artificial Intelligence amidst the ongoing coronavirus pandemic. It is continuously revolutionising the IT sector and helping in boosting productivity efficiently. Artificial Intelligence is providing the utmost security to protect the confidential data from potential threats and data breaches, helping programmers in writing better code by overcoming software bugs, taking over the boring, tedious and repetitive back-end duties, identifying and predicting complex problems, assuring the quality of products and services and much more assistance without any human intervention.AI in IoT
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The Artificial intelligence culture has taken the world by storm. Famous AI companies namely Google, Apple, Microsoft, etc. work round the clock to discover ground-breaking innovations and prospects that AI has under its wings. AI technology has spearheaded in almost every sector possible. Healthcare and Education sector have benefitted the most from it. AI research, for several reasons, have gained importance over the decades. Laboratories are crowded with scientists and experts who indulge into breakthrough researches. The AI industry has known to have broken strong records in which artificial intelligence start-ups have raised around $33 million in the previous year, 2023. This is reflective of the ongoing nature of the artificial intelligence technology and industry on a whole that refused to succumb to the many consequences of the pandemic.1. Ascent
Industry- Fintech Ascent is a Chicago-based company that specialises in automating and managing compliance programs for financial firms. It has its dealings with those financial firms that are supported by cloud technology and artificial intelligence that ensure to keep programs powerful and safe at even times of crises. The cloud solutions of this company are strong enough to deal with real-time problems by devising out real-time solutions.2. Riskified
Industry: E-commerce Based in New York, Riskified is driven by Artificial intelligence to aid e-commerce sites to filter its authentic customers and reducing rough operations, thereby creating a seamless customer experience. With an intense AI research, Riskified has now evolved to produce scalable solutions for its clients to make instant real-time decisions to keep frauds at bay.3. Cylance
Industry: Cybersecurity Cylance is a cybersecurity company that understands the needs of incorporating cybersecurity measures in business organisations and sectors as cyber attacks continue to grow. Performing intense research on AI, machine learning, and algorithmic science to understand the nuances of these technologies, the company directs them towards fulfilling ethical purposes and sharpening the performances of cybersecurity tools and technologies.4. Moveworks
Industry: Information and Technology Moveworks specialises in offering customer service interface. The customer service interface draws the support of artificial intelligence and deep learning to solve IT report issues. Moveworks works for supporting start-ups that often go hay wire in managing logistical functions. The services provided by Moveworks makes sure to curtail strain on IT professionals and carrying out tasks on time.5. Grammarly
Industry- Education, Productivity and Writing How many of you were aware of the fact that Grammarly too is standing on the shoulders of AI? Grammarly is a software, running with the support of AI. An application indispensable for writers, researchers and the student body, Grammarly helps them with spelling and grammar. With its unique AI integrations, it catches grammatical errors and spellings within seconds after reading the document. Grammarly is striving to enhance its AI tools to increase the productivity of its subscribers.6. Tempus
Industry- Healthcare, Biotech, Big Data Located in Chicago, Illinois, Tempus is operating vehemently in the healthcare sector. With the backing of artificial intelligence, Tempus works at providing precision medicine, which means that medicines and treatments are customised according to the healthcare needs of an individual. Tempus, in recent days, is focusing on AI research to unearth cancer break throughs.7. Datarobot
Industry- software and big data Understanding the importance of machine learning and artificial intelligence for business bodies, DataRobot works to deliver best AI and ML services that predict the best possible solutions for challenges by designing innovative models.8. Narrative science
Industry- Big Data It specialises in creating Natural Language Generation models that translates data into stories that are easy to comprehend as raw data itself is quite complicated. Knowing that storytelling is an art, it creates stories out of data that contain all the insights, help businesses to be prudent in their undertakings.9. Alphasense
Industry- Fintech Alphasense is a rising fintech company that runs itself on AI powered measures to aid Fortune 500 companies and big business organisations.10. ClariFai
The Artificial intelligence culture has taken the world by storm. Famous AI companies namely Google, Apple, Microsoft, etc. work round the clock to discover ground-breaking innovations and prospects that AI has under its wings. AI technology has spearheaded in almost every sector possible. Healthcare and Education sector have benefitted the most from it. AI research, for several reasons, have gained importance over the decades. Laboratories are crowded with scientists and experts who indulge into breakthrough researches. The AI industry has known to have broken strong records in which artificial intelligence start-ups have raised around $33 million in the previous year, 2023. This is reflective of the ongoing nature of the artificial intelligence technology and industry on a whole that refused to succumb to the many consequences of the chúng tôi article talks about 10 most amazing companies are making phenomenal breakthroughs by extensive AI research and weaving new prospects on AI applications. Lay below a list of few:Industry- Fintech Ascent is a Chicago-based company that specialises in automating and managing compliance programs for financial firms. It has its dealings with those financial firms that are supported by cloud technology and artificial intelligence that ensure to keep programs powerful and safe at even times of crises. The cloud solutions of this company are strong enough to deal with real-time problems by devising out real-time solutions.Industry: E-commerce Based in New York, Riskified is driven by Artificial intelligence to aid e-commerce sites to filter its authentic customers and reducing rough operations, thereby creating a seamless customer experience. With an intense AI research, Riskified has now evolved to produce scalable solutions for its clients to make instant real-time decisions to keep frauds at bay.Industry: Cybersecurity Cylance is a cybersecurity company that understands the needs of incorporating cybersecurity measures in business organisations and sectors as cyber attacks continue to grow. Performing intense research on AI, machine learning, and algorithmic science to understand the nuances of these technologies, the company directs them towards fulfilling ethical purposes and sharpening the performances of cybersecurity tools and technologies.Industry: Information and Technology Moveworks specialises in offering customer service interface. The customer service interface draws the support of artificial intelligence and deep learning to solve IT report issues. Moveworks works for supporting start-ups that often go hay wire in managing logistical functions. The services provided by Moveworks makes sure to curtail strain on IT professionals and carrying out tasks on time.Industry- Education, Productivity and Writing How many of you were aware of the fact that Grammarly too is standing on the shoulders of AI? Grammarly is a software, running with the support of AI. An application indispensable for writers, researchers and the student body, Grammarly helps them with spelling and grammar. With its unique AI integrations, it catches grammatical errors and spellings within seconds after reading the document. Grammarly is striving to enhance its AI tools to increase the productivity of its subscribers.Industry- Healthcare, Biotech, Big Data Located in Chicago, Illinois, Tempus is operating vehemently in the healthcare sector. With the backing of artificial intelligence, Tempus works at providing precision medicine, which means that medicines and treatments are customised according to the healthcare needs of an individual. Tempus, in recent days, is focusing on AI research to unearth cancer break throughs.Industry- software and big data Understanding the importance of machine learning and artificial intelligence for business bodies, DataRobot works to deliver best AI and ML services that predict the best possible solutions for challenges by designing innovative models.Industry- Big Data It specialises in creating Natural Language Generation models that translates data into stories that are easy to comprehend as raw data itself is quite complicated. Knowing that storytelling is an art, it creates stories out of data that contain all the insights, help businesses to be prudent in their undertakings.Industry- Fintech Alphasense is a rising fintech company that runs itself on AI powered measures to aid Fortune 500 companies and big business organisations.Industry- Software ClariFai, the platform, specialises in image recognition that helps its clients to make a seamless and effortless experience of their media. It deals with the organisation of images and videos using intelligent technology.
In the midst of the Covid, 2023 was flighty in a bigger number of ways than anybody would have anticipated. Yet, one thing that remained consistent was the consistent progression of mergers and acquisitions (M&A) across the tech sector. In 2023, mergers and acquisitions are expected. The bigger organizations are probably going to target smaller organizations, concentrated principally in niche and imaginative regions, for example, drug development, cybersecurity, AI chips, cloud computing, MLOps, and so forth. Let’s look at top artificial intelligence mergers and acquisitions that took place so far in 2023.Autodesk, Inc. acquired Innovyze, Inc
Autodesk, Inc. has declared it has consented to an authoritative agreement to procure Portland, Oregon-based Innovyze, Inc., a supplier of water infrastructure programming, for $1 billion net of cash subject to working capital and tax closing adjustments. The obtaining positions Autodesk as a leader in end-to-end water infrastructure solutions from design to activities, speeds up Autodesk’s digital twin methodology, and makes a clearer way to a more sustainable and digitized water industry.Okta to get Auth0 for $6.5B
Okta declared to acquire fellow identity management specialist Auth0 for $6.5 billion in an all-stock arrangement. That cost addresses a critical premium, as Auth0 was last valued at $1.92 billion secretly in the wake of bringing $120 million up in July 2023; that investment was driven by Salesforce Ventures.Atlassian procures Chartio
Atlassian declared that it’s procuring the famous data visualization tool Chartio for an undisclosed sum. The Australian software-as-a-service organization will hope to join Chartio’s cooperative dashboards and reports into its own analytics tools and to give clients of tools like Jira and Confluence better insight into their information.Cision secures Brandwatch for $450M
The UK media scenario moved in February when the media monitoring and PR data set Cision gained Brandwatch, the online consumer intelligence and social media listening platform, for $450 million in a combined stock and cash deal. Situated in Brighton on the English south coast, Brandwatch deals in social listening that permits brands to find out about buyer sentiment. Cision desires to unite this with its media and PR smarts to give customers a better image of how consumers see their brand.MindMed secured HealthMode
Psychedelic medicine-focused biotech MindMed (OTCQB:MMEDF) will secure HealthMode, giving MindMed access to artificial intelligence-enabled digital measurement to upgrade clinical examination and patient monitoring. Under the terms, MindMed will procure HealthMode through the issuance of 82,508 multiple voting shares of MindMed, which is comparable to 8,250,836 subordinate voting shares.LiveRamp has gained DataFleets
LiveRamp has gained DataFleets, a new startup that made it conceivable to harness huge volumes of encrypted information without the risk or quarrel of decrypting or transferring it. LiveRamp, an enterprise data connectivity platform itself, paid more than $68 million for the organization, a tremendous multiple on DataFleet’s $4.5 million seed declared the previous fallSentinelOne to secure Scalyr for $155M
Cybersecurity analytics seller SentinelOne made a splashy securing in February, getting the log analytics and observability software specialist Scalyr for $155 million in stock and cash. The mix of Scalyr’s data analytics with our industry driving AI capacities introduces another period of machine-speed anticipation, location, and response to attacks across the company.CrowdStrike to get Humio for $400M
One more deal following the SentinelOne acquisition of Scalyr, CrowdStrike declared it would gain another logging subject matter expert, Humio, for $400 million. Humio’s remarkable selling point has consistently been limitless logging, permitting clients to gather how much ever they need for a better view of how their frameworks are functioning.Service Leadership Inc. acquired by ConnectWise
Service Leadership Inc., a data-driven technology service provider (TSP) consulting company, was recently acquired by ConnectWise. ConnectWise would combine its TSP software and services platform, the IT Nation community, and the company maturity and leadership coaching program with Service Leadership’s value development, financial results, and organizational maturity benchmarking and best practices.Pax8 and RocketCyber merger
Pax8 and RocketCyber recently announced a new collaboration. This will allow MSPs to provide constant cybersecurity detection and response to their clients. Endpoints, networks, and cloud operation will be monitored by partners in North America, providing enhanced security and threat protection.Green Cloud Technologies purchased Cascade Defense
Online learning is among the top trends that have picked up swiftly in this digital age. Its growth is tremendous and not showing any signs of relapsing. Commonly referred to as e-learning, this type of distance learning does not occur in the conventional classroom where a physical teacher moderates and regulates information.
Whatever form of education (school-aged, higher learning, or institutional), all have greatly optimized on this window of opportunity.
Online learning benefits include flexibility, more independence, better time management, and improved self-motivation. On the other hand, the cons include more work for students, and it requires a lot of self-drive and lesser social interactions.State of Global Online Learning: Facts and Statistics
Self-paced online learning is facing competition. Although not losing their niche, other platforms such as gamification and micro-learning are slowly taking over.
Here is a glance into the general e-learning statistics.
The global industry has since its birth grew by 900% globally.
Since its inception, the online learning market fact suggests that by 2025 to hit the $325 billion mark with over two decades.
Global markets experiencing 30% annual market growth include Thailand, India, China, and the Philippines.
Between the years 2023 to 2025, this market will experience a 200% increase.
The Asian market, which is the largest consumer, sees a 20% annual increase in its revenue through the online learning industry.
As of 2023, mobile e-learning had grown by $38 billion. From 2023 to 2023, there is an expected upward trajectory of $6 billion.
With the investiture into scheduled learning, the self-paced online market will likely decline to $33.5billion in 2023. This is despite the American Government having purchased self-paced products worth $2.59b in 2023.
Augmented and Virtual Reality improvements in Edutainment or gamification are paving the way for virtual classes. It was projected to have $300 million in revenue in 2023.
Microlearning (a small-sized model of e-learning) in 2023 accounted for 60.7% of -learning.
At least 60% of internet users have indulged in online learning. This is because they can comfortably do it at the comfort of their time and place.
80% of companies and 50% of institutional students have used an e-learning platform.
E-learning takes 40% to 60% lesser time for employees and students than conventional learning.
In Europe, an average online company has 25 employees and a revenue of 3million pounds.
The 48 countries that form the European Higher Education Area seek online learning to enhance traditional learning and not replace it.
E-learning enhances the learners’ retention rate to 25% to 60% retention, unlike while having one-on-one tutoring, which has a retention rate of 8% to 10%. This is because one can quickly revisit what they learned, and they tend to have more control over the process.
28% of companies conduct their compliance training through online training.
Finally, there would be an 18% increase in employee engagement if corporations went the online learning way.
With a general view of how the online market has grown, here are further insights into the world of online learning facts.Online Learning Trends and Statistics
Online learning trends are rapidly gaining speed on the upwards side. Most countries and institutions have relatively and mature online education sectors that can be emulated in other places.
With the proper infrastructure and implementation, online learning is experiencing exponential growth.
Here is a general overview of this trend and its statistics.
Udemy, one of the most popular online learning platforms, has more than 20,000 experts, with about 12 million students taking a course.
Teachable, another platform, has over 7500 experts, and they offer more than 20,000 online courses. They have around 3million students.
Other platforms include Ruzuku, Academy of mind, and Skillshare, with their tutors earning up to $40,000 per year.
By 2023, 30% of institutions were using the Blackboard platform in the US and Canada.
75%, which is three-quarters of US learning institutions, relied on these platforms.
The US and European markets contribute 70% of most users of the e-learning services market globally.
63% of US students use online learning tools daily.
LinkedIn learning formed after LinkedIn acquired chúng tôi at $1.5billion two years after $103million funding in 2013. There was a significant rise in its market worth.
Videos have formed an integral part of online learning. This has seen Sony sell $500 million units of PlayStation Virtual Reality in 2023.
67% of American college learners have completed some, if not all, of their course activity on their mobile phones.
12% who did not complete their studies using this method would have if offered the chance.
Students undertaking a fully online degree increased from 3.8% in 2008 to 10.6% in 2024.
On average, an employee has 24 minutes in a week to spend on learning hence creating a challenge for developing their careers.
By 2026, the corporate online learning market is expected to hit $50billion with a steady growth of 15%.
Distance learning statistics show that 17% of women are more likely to enroll in online learning.Who Takes Online Classes?
After the World Health Organization (WHO) officially declared covid-19 a pandemic, most schools sent their students home. Shortly after that, online learning has become the norm. About 70% of the global student population was affected by this closure.
Countries that were first hit and affected by the virus, such as China, Italy, and South Korea, resulted in online homeschooling using online studying tools and platforms. The United States, China, India, United Kingdom, and South Korea have invested the most in e-learning.
The largest number of students taking online classes is in higher learning institutions, especially in post-graduate programs.Covid-19 pandemic and the Growth of Statistics About Online Learning
The unforeseen pandemic led to the closure of all schools worldwide. This drastically changed the education sector forever. China (the origin of Covid-19) was among the first countries to implement lockdowns and ban public gatherings, which led to schools’ closure.
With its largest population of K-12 students, China’s best way to ensure continuity in learning was through online platforms. Here is how the pandemic led to the growth of online educational statistics:
Over 1.2 billion children were pushed out of the classroom in 186 countries.
In February 2023, 250 million full-time students in China resumed their studies online.
The pandemic also caused 81% of K-students to attend classes through the Tencent-K student online class.
The ‘Think and Learning’ App also experienced a 200% increase in the number of new students.
Alibaba Cloud rapidly expanded with more than 100,000 new servers to bridge the sudden influx.
Most universities had to transition to online, with DingTalk ZJU offering more than 5000 online courses.
With online learning requiring a gadget, 95% of students in Norway, Switzerland, were lucky to have one, while only 34% are privileged in Indonesia.
In the US, most 15-year-old have access to gadgets. In contrast, 25% from unprivileged backgrounds completely have no access to any gadget.
90% of the countries adopted the digital online learning process, and 60% of the pre-primary did the same.
TV reached more students during the period they stayed at home, attributing to 62%.
Only 16% of the children were reached by radio for learning purposes.
83% of the countries used online platforms to ensure learning continued.
31% cannot be reached by either the broadcast platform or the internet-based learning.
Government policies ensured at least 69% were reached through broadcast or media for education.How is the education sector responding to COVID-19?
During the pandemic, more than 70% of students preferred receiving frequent up-to-date covid-19 updates. The gap between students and staff was also increased during this pandemic period. This is because most schools closed physically, and students could no longer have face-to-face interactions with their teachers.
Schools that had invested earlier in online learning platforms had an easy time shifting when the pandemic hit.
According to College Crisis Initiative:
More than 1200 colleges and schools in over 50 states were affected by the covid-19 pandemic.
44% of institutions adapted fully to online learning tools and platforms. Online learning became the only primary mode of learning for them.
21% of colleges adopted a hybrid model of learning.
27% of institutions continued with face-to-face learning fully.
It was also found that up to 20% of students had problems accessing online learning platforms.Online Course and MOOC Statistics
Additionally, massive open-source online courses (MOOC) are rising that ensure MOOC delivers professional content and quality education.
Here are the MOOC online learning stats:
As of 2023, MOOC’s value stood at $5.16billion.
MOOC expects a 29% growth annually in the market from 2023 to 2025.
However, 73% of students are still not in the know about MOOC.
By 2025, MOOC is projected to enjoy a market share of $21.4 billion.
EdX, created by MIT and Harvard, is an example of MOOC and has over 20million users and over 70 million enrollments.
North America contributes to 29.4% of the global MOOC Market.
Out of the 25 top universities in America, 22 of them offer online classes.
From 2023 to 2025, the Asia-pacific region will emerge as the fastest-growing market in MOOC.
79% of MOOC users have a degree, while 44% have a post-graduate degree.
People between ages 5 to 17 contribute 3.1% that take an online school-related course.
Online courses cut on cost with credit hours ranging from $12 to $66 per credit hour.
87% of students use mobile phones to search for an online course.
The completion rate for MOOCs in the UK is less than 13%.
The majority taking US online courses are physically located in the US totaling up to 99%.
Course Name Learners Course Degrees
Coursera 45 million 3800 16
Edx 24 million 2640 10
FutureLearn 10 million 800 23
Swayam 10 million 1000 0
Course Name Learners Course Degrees
Coursera 76 million 4600 25
Edx 35 million 3100 13
FutureLearn 14 million 1160 28
Swayam 16 million 1130 0
Major notable changes:
Coursera able to increase learners number from 45 million to 76 million in 2023.
Edx able to improve learners from 24 million to 35 million, which is quite an improvement.
Future learn provide 23 degrees in 2023, and in 2023 it increased to 28 degrees.Online Undergraduate and Graduate Students by The Numbers
online learning platforms have registered significant growth in terms of statistics. Even before the pandemic, most higher learning institutions had online learning, especially remote distance Elearning. The Covid-19 pandemic led to a higher intake of undergraduate and graduate students enrolled in online learning.
Here is a peak to the state of higher learning by numbers;
In the fall of 2008, more than 7 million students registered for remote learning in both undergraduate and graduate courses. This portion represents 36% of the student population.
Projections show that the number is likely to grow to 39% by 2025.The Role of E-Learning in the Corporate World
Many organizations have also realized that incorporating e-learning in their employees’ communication and training accrues other benefits. They are:
Companies save on the cost of running using e-learning. For instance, training magazines can save up to 80% of printing costs.
E-learning reduces learning time for employees by 60% compared to traditional learning.
Taking part in e-learning, especially for companies, consumes 90% less energy than physical training.General Online learning trends
There is an overall worldwide online learning growth, and it’s not about to come to a halt. Here are some general statistics.
Most top 10 institutions saw a 10% increment in students being enrolled ONLINE compared to traditional enrollment.
57% of the students have mobiles assigned for school use.
45% of basic school going students have established that their favorite learning method is by watching online movies and playing online games.
13% of students are having trouble with their assignments since they cannot access the school internet.
The majority of students in high school are interested in learning online programming. 42% of these are females, while 62% are males.
41.6% undertaking online learning are age 30 and above.
More than 3million students are fully taking online learning for their higher education.
Traditional secondary education is dropping in enrollment from 1% to 2% per year. Many students are opting for affordable online learning.
46.4% undertaking online degrees are either taking a business-related course, computer science, or a health course.
50% of K-12 teachers are taking online training.
72% of K-12 students use cloud-based education tools for the learning experience.
There has been a rise in the number of students taking online learning from 16.5% in 2008 to 45.6% in 2024.Components of Online Courses
Online learning emulates more or less the same procedure as physical learning. However, other components are unique to online learning. They include;
PowerPoint presentations: Using software such as Microsoft PowerPoint, PowerPoint presentations allow trainers to disseminate information using slides. These slides can contain texts, charts, videos, audio, links, tables, images, and even word arts.
Sourcing from written materials: This process involves lifting content from available textbooks, journals, and other literature.
Forums and discussion boards: Online learning platforms offer services similar to those of chat rooms. Learners and trainers can discuss or air their views regarding a topic.
Assessments: These are similar to written tests but offered online. Most times, trainers offer open-book assessments, which allow learners to refer to other materials.Leading Online Learning Platforms by Market share
The inception of online learning necessitated the infrastructure in which learning takes place. This has seen a rise in the number of online learning platforms. These platforms provide learners, trainers, and other stakeholders with the necessary tools and services for online learning.
These platforms also assist with managing and delivering learning resources and even a business model for online learning. Here are the leading online platforms;
Udemy: Has 40 million students and over 50,000 tutors.
LinkedIn Learning: It has over 16,000 courses in 7 different languages and has two subscription options. The monthly $29.99, and an annual fee of $239.88.
Coursera: Has 23 million users and partners with other learning institutions.
Skillshare: This is a platform with around 4 million users and about 24,000 courses.
edX: This learning platform has partnered with other learning institutions to offer more than 8,000 online courses.The challenges of online learning.
Unlike one-on-one learning, physical learning is more demanding. But this does not make it any easier for online learning.
Here are some challenges that students face in their daily interactions with the platforms.
Adaptability struggle since the traditional classroom meeting was always the only means of learning for numerous students.
Technical problems are rampant in this sector since these platforms entirely rely on technology, which is sometimes subject to failure.
Computer literacy is also a challenge because the tools used in online learning use computers, and not all students are skilled in this area.
Time management is another challenge, especially during exams.The Limitation of Online Degrees
Online degrees are subjected to several limitations as compared to those acquired via one-on-one learning.
They promote a sense of isolation
More time and resources are required to accomplish online degrees.
Some employees may reject online degrees in comparison to physically attained ones.
Online degrees are subject to procrastination.Wrap up
Online learning is becoming a part of our lives. When incorporated with other methods, it pushes the learning process steps ahead.FAQs ❓ What is the percentage of students taking online classes?
The percentage of learners taking online classes is on the rise. There’s no absolute number as more continue to enroll due to the pandemic. For a clear picture, in a 2023 study, out of 5 million undergraduate students, 19% took a form of online learning.💻 How popular is online education?
In the pre-Covid-19 period, online learning was taking root but not adopted widely. However, due to the Covid-19 pandemic, online-learning has skyrocketed, and it is one of the most popular trends worldwide.⚡ Is online education effective?
Online learning has proven useful as studies have shown that learners can retain 25-60% of material compared to 8-10% in physical interactions.👉 How big is the e-learning market?
The online learning market is expected to hit the $325billion mark by 2025.❗ Why is e-learning important to education?
E-learning has proved to be the best education continuity strategy when face-to-face learning is no longer viable. It equips stakeholders with all the necessary tools and services needed for the education sector.Sources
The use of artificial intelligence (AI) has led to a variety of positive outcomes in human resources (HR) departments.
AI helps HR professionals stay on top of trends, understand employee sentiment, streamline the acquisition of talent, and detect indications of dissatisfaction or imminent departure.
Fewer HR personnel are being asked to cover a larger number of employees.
Workforces have become increasingly dispersed and no longer right under the watchful eye of HR.
There are many disparate systems offering data and potential inputs with regard to employee behaviors. It takes AI to pull these all together and provide sensible insight in a timely manner.
See more: Artificial Intelligence Market
The use cases for AI-based HR include:
Background checks: AI can improve the speed and accuracy of background checks. It can note red flags on resumes and spot indications of falsehood that might otherwise be missed.
Detection of anomalies: With so many working from home, AI can look beyond simple indicators of who is logged in and who is not. It can spot regular work patterns and anomalies that may mean someone is avoiding work or trying to escape detection.
Switch from generic to personalized communication: Traditional HR bulletins to all personnel can be transformed via AI. Perhaps the bulletin only needs to go to specific sets of employees. Including the person’s name, position, and other personalization features increases the likelihood of response and engagement.
Risk management: HR can make use of AI algorithms to determine key personnel who may be at risk of leaving, being headhunted, or need a more defined career path.
See more: Artificial Intelligence: Current and Future Trends
There are many ways in which companies are using AI in HR:
Sonia Mathai, chief human resources officer at Globality, said that AI provides major assistance when it comes to 24/7 assistance and availability.
AI-powered chatbots are used to simulate live interaction and answer employee questions about hiring, benefits, training, and more.
Sparkhound helped a large collision repair chain realize $1 million in turnover costs by addressing employee churn during a phase of high growth.
With almost 700 locations across the country and more than 10,000 employees, turnover at the auto chain reached 40% a year in some regions for key personnel, such as mechanics, painters, and customer support staff.
The result was employee retention and satisfaction rose rapidly, while reducing HR costs and helping increasing revenue.
Sandy Michelet, director of people strategy at Sparkhound, said AI allows HR to transfer time spent on repetitive and administrative tasks to more strategically valuable activities.
ADP Research Institute (ADPRI) has devised a way to measure HR service quality and uncover the factors that influence the talent brand, intent to leave, and actually depart.
It gathered this data from sources across 25 countries by tracking a number of metrics and indicators. This results in an HR XPerience Score (HRXPS).
The metric has proven useful in determining how employees are twice as likely to value their company when they experience a single point of contact with HR. They are also 7.4 times more likely to say HR is value-promoting when they experience seven interactions with HR compared to no interactions.
The conclusion is that the more HR is engaged with an employee, the more likely the employee is to think well of HR and the company — and that direction impacts retention rates.
“While companies have always tried to better understand what contributes to the talent brand, we now have a studied metric to effectively measure the HR function,” said Marcus Buckingham, head of people and performance research at the ADP Research Institute.
“Our research found that the HR function is critical to the talent brand — so much that every employee interaction that takes place, specific services used, and a personalized feel with a single point of contact are what influences a higher HRXPS. In fact, this high-ranking, single point of contact upends the current industry trend of doing away with HR.”
Another area where HR receives material help from AI is automation.
Mathai of Globality noted that with many HR teams trying to do more with less, AI platforms are being used to relieve the burden.
AI is automating transactional and repetitive HR work, freeing them up to focus on tasks that involve direct interaction with personnel.
See more: Artificial Intelligence and Automation
The administration of benefits is an area that consumes a tremendous amount of HR time.
AI-directed automation addressed to this area can eliminate much manual work and enable HR to better serve the employee base in this area.
Sparkhound implemented this approach internally, according to Michelet. An AI-based chatbot is used to answer benefits-related questions. A feedback button provides continuous improvement to the bot.
See more: Top Performing Artificial Intelligence Companies
The top robotics technology you should know that has changed the future of robots
We have reached a point where we are largely dependent on robots as a result of robotics technology growth. These robotics have entered practically every industry and assisted companies in the best way possible in achieving their goals and objectives. Every day brings new developments in the robotics industry. The top robotics technology for 2023 and beyond are listed below. Look at that!1. AIBOA
Meet AIBO – an adorable robot dog that was brought into existence by Sony. This robot was discontinued almost a decade ago. However, it has now come back with even more abilities for human operations. This mechanical pup reacts to words of praise or scratches on the head, can learn tricks, and will seek out owners. One point that cannot go unnoticed is that it has an application that owners can use to adjust system settings or add new tricks, and can store memories by connecting to the internet cloud.2. RP Vita
What can get better than a feature wherein multiple medical specialists and caregivers collaborate in real-time? This is exactly what RP Vita has in store for you. With this robot, there is now access to holistic care that is difficult to find in most medical facilities. This robot is already being used in a significant number of hospitals and in no time will mark its presence everywhere.3. UR 10
UR 10, a reliable robot by Universal Robots is famous for all the right reasons. It can optimize production and improve performance across several industries. Be it Pharma, food and agriculture, automotive, metals, or chemistry, this robot has got you covered. UR 10 performs a range of tasks such as packaging, palletizing, assembly, and pick and place.4. Nimble
This is yet another innovative robot that deserves special mention. This agile robot is capable of flying (at a top speed of 25km/h) just as nimbly as a real winged insect. With Nimble in place, outdoor operations in light winds are no longer a concern. Also, this robot is less vulnerable to damage and can perform aggressive maneuvers, such as 360-degree flips, resembling loops and barrel rolls.5. RoBoHon
This cute little robot serves as a regular phone. That’s not all. There is a bundle of functions that this innovative robot performs. It can lean forward and project larger images on the surface thereby making it easier than ever to view photos, videos, etc. It also can walk and talk.6. Double
Double has gained wide recognition as a remote-controlled telepresence mobile robot that lets users interact irrespective of their location. What exactly happens is that Double gives its users a physical presence in a given location. It further allows the user to self-adjust its height thereby making it convenient for the user to use it while sitting or standing. In no time, Double evolved to become the “ultimate tool for telecommuting”.7. Junco Chihira
Tourism is one of the most crucial industries that is contributing to the economy of the country. Given that, how about a robot answering all the tourists’ questions? Meet Junco Chihira – a realistic android robot that responds to tourists’ questions as a result of its speech recognition capabilities.8. Gita Bot
We all hate carrying our shopping bags during the entire journey, right? Well, not anymore! Gita bot to our rescue. This robot is designed in a manner that it will follow you and get the shopping/luggage thing sorted for you. No wonder why this is no less than a blessing and an excellent travel companion for those short excursions to shops!9. K-MAX
K-MAX is an unmanned aircraft founded by Kaman Aerospace Corporation and Lockheed Martin Corporation. This is currently being used by the U.S. military to deliver supplies and cargo to precise locations while eliminating the risk to human lives. How amazing is that? Yet another point to note here is that it has autonomous (remote) control capabilities.10. Robear
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