Edtech Insiders
Week in Edtech 9/18/2024: OpenAI’s o1 Model (Strawberry), Brisk Teaching Raises $6.9M, AI Use Surges Among Teens, Parent Trust in Schools Declines, AllHere Files for Bankruptcy, and More! Feat. Abby Coyle and Katie Gracey of ClassBank
Sep 26, 2024
In this discussion, Abby Coyle and Katie Gracey, co-founders of ClassBank, delve into innovative financial literacy for students through a unique digital currency system. They highlight the recent $1M pre-seed funding and the positive impact on student behavior. The conversation also touches on the surging use of generative AI among teens and the declining trust parents have in public schools. Additionally, they reflect on the competitive edtech landscape and the importance of adapting financial education to meet the needs of today's students.
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Quick takeaways
- OpenAI's new o1 model highlights the shift toward enhancing reasoning and transparency in AI for educational applications.
- A significant decline in parent trust in K-12 education reveals growing concerns about school safety and educational effectiveness.
Deep dives
Rising Adoption of Generative AI Among Teens
A significant majority of teens aged 13 to 18 are increasingly utilizing generative AI tools, with 70% reporting they've used at least one. The most common applications include AI-assisted tasks like homework help and creative projects, showing their familiarity with technology. Interestingly, there is a distinct income gap visible in generative AI usage, as those from households with college-educated parents are more likely to engage with these tools. Moreover, while Black and Latino teens are reported to use generative AI for creative tasks more frequently, overall, more than half of teens are leveraging AI for academic support, indicating an early adoption trend within this demographic.
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