It’s not an understatement to say that generative artificial intelligence (AI) is one of the few technologies that will revolutionize the world as we know it. It’s similar to the release of the original iPhone, but the impact will likely be much more significant. Over the coming decade and beyond, artificial intelligence will impact nearly every single business vertical and displace almost 400 million workers.
Its effects will also trickle down to higher education. If you’re interested in pursuing an advanced degree, such as a Master of Business Administration (MBA) with a Concentration in Management, then it’s a good idea to consider how AI will impact your education over the coming years.
Higher Education Overhaul
Experts at Forbes believe that artificial intelligence will dramatically overhaul MBA programs in the coming years. The schools that embrace AI will notice an almost immediate boost, while those that don’t will likely struggle to keep up. After all, students with access to the likes of ChatGPT to answer all their questions will be less inclined to dish out tens of thousands of dollars for a subpar experience.
However, the schools that incorporate AI will provide a much higher educational experience that does away with antiquated curriculum, yellowed textbooks and stale case studies. So, what are some of the ways that AI will change the classroom in the near future?
Courses on AI
Perhaps the most obvious way artificial intelligence will impact most students’ education will be the proliferation of courses on artificial intelligence in MBA programs.
AI will become very common in the workforce over the coming years, and it is estimated that roughly 50% of paid work will be automated by 2030. The difference with AI, compared to previous technological breakthroughs, is that white-collar professions are just as likely to be automated as blue-collar roles. For the first time in history, an accountant will have to face the threat of automation just as much as a warehouse worker.
With this in mind, colleges will face intense pressure to provide the most up-to-date information on AI to help prepare their students for the rapidly changing workplace. Even if you don’t plan on entering an AI-centric role, MBA students will likely learn how AI will inevitably impact their future professions. There will undoubtedly be a flurry of new AI tools that schools will need to help their students practice with.
Artificial intelligence will also likely bring massive overhauls to the classroom experience itself. A few examples could include:
- An emphasis on experiential teaching over lectures
- AI tutors that can answer students’ questions
- Hands-on assistance and personalized feedback from AI models
Since artificial intelligence excels at analyzing large datasets, correcting errors and offering feedback, the classroom is one area where AI could provide immense value. Large language models are perfect for helping students master difficult concepts.
Generative artificial technology will also make it easier for students to apply for and land jobs after graduation. For example, tools like ChatGPT can already write a high-quality cover letter, resume or LinkedIn profile bio. Over the coming years, AI will go even further in the assistance that it can provide.
Soon, AI tools will be able to analyze data from alums on their career paths and then identify the most common skills that current students will need to succeed. From there, it will also be able to connect employers with new hires by matching skill sets with skill needs.
Preparing for AI in the Workplace
As someone preparing to enter the workforce in the coming years, it’s easy to feel anxious that AI will render your degree or career irrelevant in a decade or so. However, as a whole, AI is likely to create many more opportunities than it eliminates. Moreover, as someone just entering the workforce, you have a distinct advantage over older colleagues.
Consider the following advantages of entering the workforce amid the AI boom:
- You will be able to factor the impact of artificial intelligence into your career decisions.
- You will likely end up doing significantly less manual work than previous generations.
- You will be familiarized with AI at a younger age and learn to use new cutting-edge tools quickly.
Regarding the last point, you have an opportunity to take advantage of the massive technological shift that’s coming and could be an AI expert within your field. You can achieve this by pursuing an AI-centric MBA and entering the workforce with a distinct advantage.
For example, the Texas A&M Corpus Christi online MBA program with a Concentration in Management program offers a specific course for Software-Based Business solutions. This course studies how technologies facilitate the analysis and evaluation of business problems. This undoubtedly includes artificial intelligence applications, word processing, spreadsheets, databases, electronic presentations and more.
In addition to AI-specific courses, Texas A&M Corpus Christi’s program helps students understand essential managerial topics such as human resource management, leadership and operations. Students can complete this program entirely online in as few as 12 months.