As artificial intelligence (AI) expands in higher education, institutions are exploring ways to harness its ability to expand competitiveness and innovation–but challenges remain, according to a new report.
The report, released by IDC in early March and commissioned by Microsoft, outlines the opportunity AI holds for the higher-ed community, as well as the challenges most institutions must overcome in order to take advantage of what AI offers.
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The study of 509 institutions reveals that 99 percent say AI will be “instrumental” to their institution’s competitiveness over the next three years. Fifteen percent of those surveyed say AI is a game-changer for their institution, and 54 percent of institutions in the U.S. have started experimenting with AI. Thirty-eight percent have adopted AI as an essential component of their business strategy.