One more Industry that will disappear with AI
The article below illustrates that it is not only the individual workers that need to adapt to AI. Some entire industries will be 100% transformed by AI and many companies wiped out. Maybe sooner than we imagine. AI is about to blow up the $3 billion college application industry — San Francisco Chronicle AI is about to blow up the $3 billion college application industry — San Francisco Chronicle BIZ+TECH AI is about to blow up the $3 billion college application industry Tech startups are helping students navigate school selection and improve their applications with artificial intelligence. A young man approached a youthful group visiting Stanford University the other day and said his company uses artificial intelligence to help students apply to college. Were they interested? “Whooo!” a girl responded. “Yes!” enthused her friends. Reporter’s notebook: How AI helped steer my virtual application to Princeton Tool: Charts show UC admissions rates for every high school in California The high school seniors knew that applying to college would be stressful. It’s not just the complex dance of choosing schools, tracking deadlines and writing the dreaded personal essay. Applying meant selling themselves — with no grammar mistakes — to admissions officers already bored by a thousand pitches just like theirs. Kids need so much hand-holding that families who can afford it often pay tens of thousands of dollars to consultants who guide them through the application maze and coach them on fine-tuning their essays. But AI is about to blow up the $3 billion college coaching industry and make it possible for students of all backgrounds to access the kind of expertise that, until this year, only money — lots of it — could buy, said Senan Khawaja, the young man who showed up on the Stanford campus last month to drum up business for his new AI-driven coaching company, Kollegio.