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Friday, June 9, 2023

Edtech bubble is bursting – we need to develop a more meaningful view of Education

Edtech bubble is bursting. Here are a few observations –

All the edtech firms are either in the genre of competitive exams or clearing the high school subjects or to entertain children. No edtech is in the business of knowledge transfer or filling the gap between industry and education.

Eurocentric system linked the marks with money, while edtech system linked the convenience with money. None of the education systems are able to create an environment where inherent skills of student come forth, gets recognition & appreciation and guided in such a way that the economic system developed around their inherent skills.

In edtech and eurocentric education systems, institutions and firms get money and students gets information; which is a mere transactional relationship.

But the student has no clue whatsoever on how that expensive information is going to be applied/ used/ practiced to solve real life scenarios and earn a living out of it.

Both these systems, especially edtech-s, are successful in selling the transactional nature of expensive information transfer as quality education. Like in every aspect of quality, quality in education too cannot be quantifiable.

Passing exams or making money are not the meaningful measures of information transfer or education. “Why we are studying what we are studying?” is the question that must be answered by each and everyone of us. May be then, the state of affairs in education may start evolving!

Without understanding the purpose of education, creating a USP & launching an educational institute might act as a market disruptor but could never become an irreplaceable mode of transfer of neither information nor knowledge.

(This article has been compiled from the tweet thread of AchantaSpeaks.)

Featured image source- The Print

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