Thanks to increased government and nonprofit investments in educational infrastructure, millions of people in developing countries today have more opportunities to further their education than ever before. But despite this progress, many low- and middle-income students still have very little information and guidance to shape educational and career decisions – from what and where to study, to what career path to take, how to make sense of options, and how to pay for it all. These decisions are extremely significant in a world with great variation in quality of educational institutions and increased job specialization.
Providing students and their families with relevant information at the right time can make a big difference in their lives – several prominent studies have shown that small changes to information can make a measurable impact on educational outcomes in a cost-effective way. According to the World Bank, this lack of information and transparency is a key obstacle to increasing levels of education for people in developing countries, also hindering efforts to reduce poverty and improve overall quality of life.
Technology is making the provision of personalized dynamic information possible on a large scale. Just as machine learning and AI have transformed the way companies like Netflix, Amazon, and Facebook guide customer decisions, so too can these technologies influence educational decisions. Similar to the approach these companies take, ConsiliumBots is tapping large datasets to unlock easy-to-understand, tailored insights that can help students and families make better educational and career decisions.