The day the ecosystem realises that ed-tech is more about driving sustainable outcomes for every individual to the best of their capabilities rather than taking a brand first approach thinking everyone will sip into the kool aid they've been drinking and sing koombayah, that's when the system will change.
The model needs hauling, because all everyone has done is make a mockery of people's aspirations and dreams. I don't leave the upskilling market as well, everyone is playing on trends to mis-selling. No one is really focused on how the content they've built could be distributed at a fraction of the cost to the unders served masses. There are beautiful ways to blend this with the trending hybrid models to truly make it more accessible for everyone, but no one is doing it.
The day the companies start realising education is holistic, incorporating tech to actually personalise learning, make systemic changes to how to view education rather than just fancy titles or exams and then align individual outcomes to the best of their potential is when truly there will be new markets.
In terms of incorporating tech, upskilling needs an overhaul as well. The tech with gen AI coming in could be well used to understand the psychometrics and abilities for professionals to help them tie better with career programs and choices. Instead of one size fits all, modular approach to plug and play self looped learning would be critical to match people for transparently to their dream jobs than random folks promising FAANG or any other opportunities. Leveraging tech to build real life PoW for aspirants to help them stand out in roles. Just some of the ways where things needs systemic changes
