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
Episode description
Join hosts Alex Sarlin and Ben Kornell as they explore the latest developments in education technology, from AI breakthroughs to new VC investments and edtech reports.
✨ Episode Highlights:
[00:03:16] 🧠 OpenAI’s New Reasoning Model - ChatGPT o1 (Strawberry)
[00:07:20] 📚 AI's Role in Education - Practical Use Cases
[00:14:03] 👩💻 Common Sense Media Report on AI Use Among Teens: 70% of teens are using generative AI, with disparities in how different demographics use the technology
[00:17:42] 🏫 Schooling in America Report - Declining Parent Trust: 64% of parents believe K-12 education is heading in the wrong direction, driven by safety concerns and tech gaps
[00:24:51] 💡 Owl Ventures leads a $6.9M investment in Brisk Teaching
[00:33:40] 📈 AI Optimism in Schools - Clever Report: Teachers' concerns about AI making their jobs harder drop from 48% to 18% in the last year.
[00:37:15] 💸 AllHere Files for Bankruptcy
Plus special guests:
[00:41:22] 🎙️ Abby Coyle and Katie Gracey, Co-founders of ClassBank discuss how ClassBank teaches financial literacy through a digital school currency system and their recent $1M pre-seed funding.
📢 ClassBank is Hiring! They're looking for a School Partnerships Lead to help expand their impact in classrooms across the country. Check out the role here.
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🎉 Presenting Sponsor:
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.