AUGUST 2021HR TECH OUTLOOK APAC8In MyOpinionEdTech­The New Era of EducationYrjö Ojasaar, Investment Partner, Change VenturesByExponential growth in technology and content over the past couple of years has vastly outpaced the glacial transformation of educational systems where change is usually measured in decades. Covid closures exposed and highlighted the inefficiencies and gaps in digital transformation capabilities of schools across the world, but entrepreneurs have stepped in to fill the void.Before 1900 human knowledge doubled approximately every 100 years. By 1945, it was down to 25 years, and now accumulated knowledge is estimated to double every 12 hours. The basic structuring of schools, classrooms, and lessons had changed very little in the last 50 years, or even since 1999, when we thought an extra digit was going to make our elevators and digital world crash on New Year's Eve.Today smart phones + BYOD (Bring Your Own Device) + ubiquitous WI-FIequals in sum that every student carries more computational power in their phone charger or USB stick than NASA had access to in putting a manon the Moon. Today's smartphones are 100 times faster than IBM Deep Blue supercomputer that beat world chess champion, Garri Kasparov in 1997.I believe the solution to better aligning the development of education and technology lies outside of government initiatives and bureaucracies and with the innovators working with students in EdTech startups. EdTech entrepreneurs believe that students Yrjö Ojasaar
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