As IMF Deputy Director Issues AI Warning, Workers Are Unprepared For Disruptions Caused By Advent Of AI – Amesite Is Looking To Change That
By David Willey, Benzinga
The technology of tomorrow is rapidly becoming the economy of today, and governments and workers are unprepared for the changes, said Gita Gopinath, Deputy Director of the International Monitory Fund (IMF), in a recent interview with the Financial Times.
Artificial intelligence (AI) is here to stay, and it is already changing how people live and work. As technology reshapes the marketplace, governments and institutions need to act fast, both in terms of implementing regulations but also “also in terms of preparing for probable substantial disruptions in labor markets,” said Gopinath.
She highlighted the potential for particularly extreme changes – that will include both benefits and disruptions – coming from large-language models like ChatGPT. In previous decades, the assumption has been that individuals and economies would adjust to new technologies. “The lesson we have learned is that it was a very bad assumption to make,” concluded Gopinath.
That is why online platform and course developer Amesite (NASDAQ: AMST) has made it its mission to help institutions upskill both students and workforces. It is rejecting the complacency model that has failed workers in the past and is working with businesses, universities, government agencies and others to help prepare them to thrive in a changing economic and technological environment.
Amesite Works With Business And Schools
Amesite has always had a technology-first approach, and to support its eLearning offerings, the company recently launched Version 6.0 (V6) of its platform website. Amesite’s white-label, scalable platform is designed to host courses from businesses and learning institutions that help them upskill and reskill their employees.
As part of its commitment to helping the transition to an AI-powered economy, it launched a free course on the fundamentals of ChatGPT and has integrated several AI capabilities into V6.
Amesite is positioning itself as a leader in adopting AI in the educational sector, which it believes places it at the vanguard of AI development and integration. An Ipsos survey from late 2021 found that education was the sector people thought most likely to be impacted by AI. Bill Gates has also recently commented on the transformation that AI could bring to education, saying AI has the potential to take learning to a “whole new level.”
One way Amesite is helping change education is through its partnership with the National Association for Equal Opportunity in Higher Education (NAFEO). Amesite is working with NAFEO-affiliated colleges and universities to deliver upskilling content through NAFEO’s Center for Opportunity, Excellence and Equity (COEE) learning management system. Amesite also recently partnered with Michigan Works! Southeast (MWSE) to provide training materials through MWSE’s Learning Community Environment system.
Other companies looking to adapt in the eLearning sector include Coursera Inc.
(NYSE: COUR), 2U (NASDAQ: TWOU) and Powerschool Holdings Inc. (NYSE: PWSC). However, Amesite cites data from a third-party source indicating it has both a higher positive consumer sentiment score and a lower negative sentiment score than any of its competitors. This puts it in a strong leadership position in the AI-powered learning sector, according to Amesite.
Amesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan.
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Released Jul 6, 2023