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The Edtech Edge #27 - Three Use Cases of GPT-4 in Education
Your weekly take on all things Edtech, Startups and Venture Capital, powered by Brighteye Ventures.
đ Hi and welcome to this weekâs issue of The Edtech Edge.
Three GPT-4 Use Cases in Education
Today's newsletter focuses on the hot topic of the week - GPT-4 - and presents three educational use cases that have already been implemented, instead of the usual news and articles section.
(1) Khan Academy has implemented a new GPT-4 powered assistant called Khanmigo for a selected group of pilot customers. There has been a lot of talk about tutoring as a way to address the steep learning loss caused by the pandemic, and a lot of public (and private) dollars have been spent on after-school tutoring. However, recent research shows that tutoring is less effective when it's not connected to class work. Thus, Khanmigo is an AI-powered tutor for students that can be accessed during class time. For teachers, the new AI implementation allows them to automatically create lesson plans, lesson hooks, and exit tickets and helps them with time-consuming administrative tasks. So, are we truly at a point in time now where AI can drastically reduce the administrative and lesson planning burden from teachers and at the same time individualise learning content and support for students? And what does the future hold for the largest players in the Edtech space, publishers, and tutoring companies?
(2) Duolingo has introduced Duolingo Max, a new learning experience powered by GPT-4. This new subscription provides learners with access to two new features and exercises: Explain My Answer and Roleplay. With Explain My Answer, learners can enter a chat to receive a simple explanation of why their answer was right or wrong, and ask for examples or further clarification. Roleplay allows learners to practice real-world conversation skills with characters in the app. Although learners are not actually talking to a live human, the AI behind this feature is responsive and interactive, ensuring that no two conversations will be exactly alike. Language learning with just an app is still a challenge, but these new integrations have the potential to change the game for Duolingo.
(3) For many organisations, knowledge management remains an unresolved pain point, and this is certainly true for Morgan Stanley. The company maintains a content library with hundreds of thousands of pages of knowledge and insights spanning investment strategies, market research and commentary, and analyst insights. This vast amount of information is housed across many internal sites, largely in PDF form. With the help of GPT-4, Morgan Stanley is revolutionising how its personnel locate relevant information. The model powers an internal-facing chatbot that performs a comprehensive search of all relevant content, effectively unlocking the cumulative knowledge of the organisation. Having all the relevant knowledge at your fingertips within seconds could not only change the way Morgan Stanley works but also have a tremendous impact on most organisations.
Investment news
Dutch skills management platform AG5 raised a âŹ6m series A round led by Headline and with participation from Acadian Ventures.
Spanish K12 Math platform Innovamat raised a âŹ20m series A round led by Reach Capital.
Paris-based âEuropean Masterclassâ Mentorshow raised a âŹ15m series A round from Educapital, CrĂ©dit Mutuel Innovation and existing investor Left Lane Capital.
French Pre-K startup Lunii got âŹ10.8m in new funding from Educapital, BNP Paribas Developpement and Unique Heritage Media.
Jobs in Edtech
Munich-based people growth and skills platform Cobrainer is hiring for several engineering and sales roles.
Global career mobility platform StudentFinance is hiring a Partnership and a Product Manager (both jobs can be done remotely).
VR soft-skills-training provider Bodyswaps is hiring a Client Success and a Client Account Executive (London/remote).
B2B learning platform Masterplan is hiring a Customer Development Manager based in Germany.
Thank you for reading. If you enjoyed it, share it with your friends, colleagues and everyone interested in the European Edtech ecosystem. Subscribe below and follow me on LinkedIn and Twitter to never miss The Edtech Edge again.
Stay curious,
Hannes
PS: Feel free to share any ideas, suggestions, articles and jobs. Iâd love to take a look and include it in my next edition. Just hit me up at:Â ha@brighteyevc.com