🧑🎓 AI in Education. EVs & 24B Litres Oil. $44.8B Digi-Health Funding.
Chart of the Day #15 looks at AI's Impact on Education, EV Oil Displacement and Digital Health Funding Growth.
Today's Topics
- 🧑🎓 AI In Education. Analytics and Language AI Show the Largest Impact on Education.
- 🛢️ EV Oil Displacement. 24B Litres of Oil Displaced by EVs.
- 🧑⚕️ Digital Health Funding. Digi-Health Investments 2X to $44.8B Amid COVID.
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🧑🎓 Analytics and Language AI Show the Largest Impact on Education
A survey reveals that voice, vision, language and analytics AI all show a high potential impact on education. It is noteworthy however that analytics AI, specifically in personalization and prediction, as well as language AI, are acknowledged as possessing the largest impact on education, receiving ratings of 8.6 and 8.3 out of 10, respectively. This provides a compelling argument for educational institutions and stakeholders to prioritize investments in these areas.
🛢️ 24B Litres of Oil Displaced by EVs
The adoption of electric vehicles has led to a gradual reduction in global oil consumption. A significant surge was observed between 2019 and 2020, marked by a threefold increase in oil displacement to 12 billion litres. By 2022, the trend escalated further, surpassing 24 billion litres of gasoline-equivalent displaced, demonstrating the effect of electric vehicles in curbing non-renewable fuel depletion and emissions.
🧑⚕️ 2021 Digi-Health Investments 2x to $44.8B, Retreats in 2022
Before the onset of the COVID-19 pandemic, the digital health industry struggled with limited funding. However, the year 2021 witnessed a dramatic turnaround as a notable surge in financial support took centre stage, primarily propelled by the profound impacts of the pandemic. Funding boomed to an all-time high of $44.8 billion, which was twice the $22.9 billion recorded in 2020. This injection of funds was specifically aimed at advancing technologies such as telemedicine, remote patient monitoring and health informatics. However, the momentum slowed down in 2022, with digital health investment dropping to $23.3 billion.
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