AIAR is democratizing education for 2.5 billion people in need with a 360 degree microlearning app that uses AI for personalization, blockchain for secure certificates and EdTokens for budgeting and gamification.
Our business idea tackles the three primary issues with one of the largest markets, the learning market, and thus is able to create ample business opportunities.
The digital part in particular is growing rapidly, showing up to 17% growth per year and expected to be worth $250 billion in 2020. The fastest growing subset of this is the mobile learning market, which is expected to reach $40 billion the same year.
With that said, it is not by chance Google’s highest ranked futurist predicts the world’s biggest digital company in 2030 to be a digital school (and AIAR®’s ambition is of course to become this global digital school).
But on the other hand, it is also true that it is one of the world’s most slow-moving markets. The digital learning market is expected to take five times as long to transform digitally compared to other markets, which is the reason for only 2% of the entire education market today being digitized. Nevertheless, the focus for most EdTech ventures (Educational Technology), is to try to digitize the existing school systems, including government agencies, schools and professions, materials etc. They are all to be commended for their heroic efforts, and they will succeed ... in 20 years’ time or so.
AIAR’s unique solution using ABC deep-tech for the underlying problems will prevail. By using AI to personalize not only the choice of courses, but the best way of learning. By embracing a bulletproof interface with blockchain technology to secure trustworthy certificates. By introducing AIAR® tokens to encourage investment in lifelong learning and turn it into a habit though gamification.
Plus, our team has the right background and competences to make it happen. We also have released a highly popular PoC to prove that we can do it.
Some grew up in the same neighbourhood, some through previous businesses and also through common networks. As the team expanded, of course we recruited team members through formal hiring processes.
Other companies developing similar ideas
Recruitment of the right talents
Finding the right investors
Global-scale problems that would have a profound impact on general people’s lives such as war and climate change