Week in Edtech 7/4/2024: Nvidia's Stock Buybacks, Instructure Acquires Scribbles, Apple Joins OpenAI Board, LAUSD and AllHere Whistleblower Reports, SCOTUS Ruling Impacts US DOE and More!
Jul 11, 2024
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This podcast discusses Nvidia's stock buybacks and Apple joining the OpenAI board. It also covers Instructure's acquisition of Scribbles, LAUSD and AllHere whistleblower reports, and SCOTUS ruling impacting the US DOE.
25:59
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Podcast summary created with Snipd AI
Quick takeaways
Strategic partnerships with tech giants signal a collaborative shift in AI integration in edtech.
Data privacy challenges in edtech underscore the urgent need for legislative clarity and protection measures.
Deep dives
AI Developments and Big Players in the Industry
Nvidia's dominance in the AI chip market is evident, with rumors of an antitrust suit looming. Meanwhile, OpenAI's strategic partnerships with tech giants like Apple and Microsoft reflect a shift towards collaboration with major players. The narrative of several key players, including Google, Amazon, and Meta, showcases an evolving landscape in AI's integration into education technology.
Data Privacy Concerns in EdTech
Recent events, such as the whistleblower complaint in the Los Angeles school district, highlight critical data privacy issues in edtech. The complex challenges revolve around using personally identifiable information in AI tools and the implications for student data privacy and model training. The need for legislative clarity on data privacy in education technology is emphasized.
Impact of Supreme Court Ruling on Federal Agency Policies
The Chevron ruling's consequences restrict federal agencies' powers to create policies without legislative backing. This setback affects the Department of Education's ability to enforce regulations, potentially leading to greater uncertainty and market freeze. The shift towards state-level regulation and long congressional processes adds layers of complexity and implications for the education system.
Join Alex Sarlin and Ben Kornell as they explore the most critical developments in the world of education technology this week:
📈 Nvidia's stock buybacks expected and rumors on a French anti-trust suit 🔍 Instructure Acquires Scribbles acquisition impact 🤖 Apple joins OpenAI board 📰 TIME and OpenAI content collaboration 📊 LAUSD and AllHere whistleblower reports 🏛️ SCOTUS ruling impacts US Dept of Education 📋 TPS and regulatory updates from Phil Hill
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This season of Edtech Insiders is once again brought to you by Tuck Advisors, the M&A firm for EdTech companies. Run by serial entrepreneurs with over 25 years of experience founding, investing in, and selling companies, Tuck believes you deserve M&A advisors who work as hard as you do.
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