In the past few weeks, COVID 19 has moved hundreds of millions of students around the globe from physical to online classes. Some schools in Asia are going a step further to use AI to deliver personalized learning to students. All schools in the UK have access to the technology so that when students do return to school, they will not only have kept up with their studies, but their teachers will also have a full report on their progress. And yet very few business schools are deploying these same technologies at scale, even though their future MBA students are getting a crash course in AI-enabled learning right now. How will business schools remain relevant in the age of AI?
We anticipate AI will change the way we learn and work in the near future. Nearly 400 million workers globally will change their occupations within the next 10 years. Because business schools not only prepare students for the workforce but also create scholarship about business practices, they are uniquely situated to respond to the shifts coming to the future of work. But our recent study, “Implications of Artificial Intelligence on Business Schools and Lifelong Learning,” shows that business schools are mostly cautious in adapting management education to satisfy the coming needs of students, workers and organizations. This circumspect approach begs the question: Will MBAs educated today using methods from the past be employable for the jobs of the future?
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