It’s no secret that the pandemic shift to remote learning resulted in boom times for edtech. Market intelligence firm HolonIQ expects global edtech spend to reach $300 billion in 2022 and up to $404 billion in 2025. The growth is fueling investment, too, as last year venture capital tripled over pre-pandemic levels.
But is all that money well spent on learning products with proven efficacy in the classroom, or are those billions going toward technology for technology’s sake?