The real Ed tech opportunity
There are as many recent articles on the fall of Byju’s – the world’s most valued ed tech startup, as they were on the rise of Byju earlier. I have commented on the deluded thinking around unicorns in my earlier blog posts. https://rpdeans.blogspot.com/2023/08/the-coming-unicorn-meltdown.html While Byju’s had problems with corporate governance, ethical concerns around its selling, unrealistic (in retrospect) expectations around growth from investors – as do other startups, I want to talk about opportunities I believe Ed-tech startups are missing and how Ed-tech, if does what it was originally intended to do, can transform education in India and with it the quality of our workforce and ability to compete. What tech is supposed to do : The internet and the tech startups around it, were supposed to transform business by doing the following: -Reduce costs by replicating data or infrastructure (e.g. textbooks or classrooms) digitally, thereby improving quality (i.e....