As per a report released by Fortune Business Insights, the global ed-tech industry’s market size is growing from USD 133.55 billion in 2023 to USD 433.17 billion by 2030. Undoubtedly, this sector plays an important role in the overall development of a country.
Earlier, the use of technology in the education sector was seen only in classrooms. But after the pandemic hit, things have changed. During this time, educational institutes were compelled to adopt technology to keep the education process going.
We can say these challenging times have indeed accelerated the digital transformation process for various educational institutions such as schools, colleges, and universities.
Moreover, one thing that is gaining hype is the use of AI-powered Chatbots like ChatGPT. Will that be worth it? Do having AI-powered chatbots help in the education industry?
Well, you will get the answer to this in this article. We will explore how Conversational AI can greatly enhance the educational experience for students, teachers, and administrators alike.
So, without further ado, let’s jump in!
What are AI-powered Chatbots?
AI-powered chatbots are chatbots that are been trained to have human-like conversations. It uses natural language processing (NLP). NLP enables AI chatbots to understand human language as it is written, which allows them to operate more or less independently.
And, most importantly, it is not a rule-based or scripted chatbot. What differentiate other chatbots from AI-powered chatbot is that it has the potential to understand human language and respond to it as human beings do which is outside the pre-written commands.
Through the ingestion of vast amounts of customer data, application of algorithms, and utilization of the resulting insights, they continually enhance their knowledge.
Besides, these chatbots avail predictive intelligence and analytics to help in building up personalization. Not just that, AI-powered chatbots hold some characteristics that make them sound more human-like, such as-
- Trainable
- Dependable
- Scalable
- On-brand
Now, that you know what is AI-powered chatbot, let’s see how these chatbots are helping in the education sector.
Reasons To Have AI-Powered Chatbots In the Education Sector
The advantages of having AI Chatbots in the education sector are many, thus to have one for your ed-tech business is beneficial. Why so, here are some of the top reasons:
- Answering Course Queries:
Today, when are shifting toward digitalization, there is a huge demand for online courses and educational platforms.
But with this, the pressure to manage the large volume of course queries from individual learners is way too difficult.
So, what to do? Well, this is where AI Chatbots come in as a helping hand for educational institutions. Using AI chatbots EdTech app development, it becomes easier to handle and respond to any type of query 24/7.
An AI chatbot is equipped to provide answers to a wide range of course-related inquiries, such as –
- Curriculum coverage
- Completion dates
- Fees
- Customized Instructions for Individual Students
Every student has unique needs, and AI chatbots excel at recognizing and addressing them.
With algorithms to track and analyze individual progress, chatbots can recommend tailored study plans, ensuring that each student receives the attention and guidance they require.
Apart from solving the queries of the concerned users, leveraging this chatbot can provide valuable insights into students’ needs. In fact, you to customize course offerings accordingly
How?
An AI chatbot that functions as a personal assistant and can even learn from chats to provide better service in the future can be created with the aid of an eLearning software development company.
- Improving Academic Outcomes and Assessments
AI chatbots are actively playing a crucial role in enhancing the efficiency of assessments, enabling teachers to gain valuable insights and data on student progress.
These chatbots simplify evaluation processes and significantly contribute to improving academic outcomes in educational institutions, such as schools and universities.
How do AI chatbots enhance the efficiency of assessments?
- By streamlining evaluation processes, AI chatbots make it easier for teachers to assess student progress.
- EdTech companies like Riiid and Quizlet are using AI chatbots to provide personalized learning experiences and assessments.
- Increased Interest and Engagement
When it comes to student engagement in this digital era, they are more comfortable with instant messaging and social media.
AI chatbots provide a familiar platform for interaction, encouraging increased student engagement. But what will it cost to develop a chatbot? Though, it depends on various factors – however, on average it is between $5,000 to $150,000
Furthermore, serving as digital companions, these AI-packed chatbots can remind students of tests, provide study guidance, and enhance their commitment to learning.
- In-Class Digital Helpers
For students who struggle to keep up with live lectures, AI chatbots act as reliable digital aids.
They work hand in hand with students, ensuring they grasp the material presented in class and pinpoint areas for improvement. The result is improved performance and higher exam scores.
- Intended for use with parents
The progress of their children -how they are performing, where they are lacking, etc over the year is another thing that any parents out there want to be informed about.
After all, report cards and test results can tell how their child is performing in their academics.
And luckily, this become easy with AI-powered chatbots. These clever technologies give teachers and parents priceless knowledge about the academic and extracurricular accomplishments of their students. And the best part? Parents can use them with utmost confidence.
- Content Creation
Is the acquisition of knowledge a vital component of schooling? Absolutely! Educational resources that are superbly designed cover all the necessary ideas for the intended age range. And guess what? They’re not too difficult for kids to grasp! They even provide ample opportunities for practice through fun activities.
But here’s the thing: designing this kind of content can be pretty challenging for authorities. However, have you heard about AI-powered chatbots? They can actually help in creating accessible content for students, which ultimately improves the quality of education.
So, what are authorities really looking for? A reliable growth measurement over time, of course! And guess what again? AI chatbots can be used by parents without any worries.
Wrap Up!
The future of AI chatbots is no doubt bright. Some of its use cases are already existing, and some have to come. Moreover, you get to know how AI chatbot is beneficial in the education sector in the above pointers.
Hope this was easy for you to understand and find this article useful. If you are thinking of getting your hands on it, hire an eLearning software development company. You will not only get the product done and you can reach out for the consultation for digital transformation services.