The Impact of AI on Training and Education

Introduction

Companies spend more than $340 billion on employee training and development, averaging more than $1500 per employee per year. The US training development market was valued at $101.8 billion in 2023. The industry is expected to continue to grow, with Allied Market Research estimating that the corporate training market will reach $805.6 billion by 2035. According to a report by HolonIQ, global investment in AI tools to support training and education is projected to reach $6.6 billion in 2025.

The reinvention of this industry is now underway with the development and innovation of Artificial Intelligence (AI) powered tools. AI has revolutionized many industries. It will have a profound impact on the development and delivery of training and education both in the United States and globally. With the availability of AI and supporting applications, the way humans develop learning content, learn and develop new skills will be transformed.

The adoption of AI in training and education can result in significant cost savings for institutions. By automating development and administrative tasks, AI can reduce the need for manual labor and free up resources for other priorities. AI-powered tools can also improve the efficiency of online learning platforms; significantly reducing the cost of delivering courses.

Additionally, AI can help institutions identify at-risk students early on and provide targeted interventions to improve retention rates. By preventing dropouts, institutions can save on the cost of recruiting and enrolling new students.

Overall, the cost savings associated with AI in training and education will be substantial, leading to improved financial sustainability for institutions and significant cost savings for corporations.

The transformation of training and education development and delivery with AI is not limited to the United States but will have a global impact. In developing countries, AI-powered tools can help bridge the gap in access to quality education by providing personalized learning experiences to students in remote areas. This can help improve educational outcomes and economic opportunities for individuals in underserved communities.

In the United States, the adoption of AI in training and education is rapidly gaining acceptance, with many corporations and institutions incorporating AI-powered tools into their programs. As AI continues to advance, the scale of the transformation will only increase, leading to significant savings, more effective learning programs and highly personalized learning experiences for students.

AI has already proven its ability to significantly improve the efficiency and effectiveness of training and education development and delivery. AI powered training and education design and development tools will ultimately reduce the cost associated with these activities by not less than 70%. These savings primarily result from significant reductions associated with labor-intensive tasks, including requirements analysis, learning program design, learning content and media development, exam development, generation of skill verification simulations and localization of content. These labor-related reductions will deliver massive cost-savings for the corporations and institutions that embrace and adopt these new tools and technologies. These savings can also provide the adopting organizations with the ability to expend the freed-up labor resources to significantly improve and expand the programs offered.

AI enables the development of truly adaptive learning systems that can adjust the pace and content of instruction based on individual student performance. This personalized approach to learning has been proven to increase student motivation and achievement.

AI-powered tools can also personalize learning experiences for each student, identify gaps in knowledge, and provide targeted interventions. AI can also automate administrative tasks, such as grading assignments and tracking student progress, allowing trainers and educators to focus on teaching and mentoring students.

AI-powered technologies are also enhancing the learning experience by creating immersive and interactive environments. These technologies allow students to practice real-world skills in a safe and controlled setting, improving retention and engagement.

KMx AI

KMx AI is currently the only technology that can leverage the power of AI to generate all of the elements needed for any method of delivery, in any language, on any device.

KMx AI was designed to use either public or private (customer owned) AI application endpoints. KMx AI leverages all endpoint models of OpenAI and Google AI to accomplish design and development of learning content. KMx AI leverages the OpenAI ChatGPT Turbo model endpoints to provide learner support and dialog simulation interfaces. KMx AI leverages the natural voice processing models of all major browser suppliers for all contemporary devices (desktop, laptop, tablet and smartphone) to provide narration and to enable comprehension of learner speech in all languages. Understanding that these models are evolving rapidly and that new AI engine providers are entering the market, KMx AI was architected to enable new AI model providers and their associated endpoint configurations with data-system field entries, external model definition files and AI language packs to support nearly any future requirement or configuration.

The KMx AI powered design and development process generates all media elements and documentation required for training and education program delivery, maintenance, management and participant support:

KMx AI eLearning

KMx AI eLearning lessons are fully narrated, language and device independent, fully editable and provide a combination of features that are not possible with any other eLearning authoring tool:

The cost savings associated with the adoption of KMx AI for design and development of eLearning programs are massive. The resulting programs are comprehensive. Exams, learning achievement measures, media and simulations are superior to that which can be produced by human developers.

Summary

Not only will AI significantly reduce the cost associate with the development of new programs, it will revolutionize the way students learn by personalizing education, providing real-time feedback, and creating interactive learning experiences. Additionally, AI has enabled the development of virtual tutors and digital classrooms, making training and education more accessible and affordable for students. Overall, AI will play a crucial role in improving the quality and effectiveness of training and education in the coming years.

In addition to the cost savings; the productivity and increased learner outcome improvements provide significant incentives for organizations to adopt AI for their programs.?

Special Offer

For a limited time, KMSI is offering to develop eLearning lessons and exams using KMx AI to promote the exciting new development and delivery capabilities for free. During each 30 minute session, prospective customers provide a course topic and respond to prompts from the KMx AI course development engine to generate lessons, interactive media, images, test items, quizzes and an exam. At the end of the demonstration, the completed course will be provided to the prospective customer as a SCORM/Zip content aggregation package that can be uploaded for use on any Learning Management System. Visit ww.kmsi.com to learn more.