New Data on Generative AI for $250B L&D Industry Unveiled by Soffos and Navigant Learning

AUSTIN, TX / ACCESSWIRE / May 29, 2024 / The $250 billion learning and development (L&D) sector is being transformed by artificial intelligence (AI). A collaborative effort by Soffos and Navigant Learning highlights the measured impacts of AI on instructional design tasks, which is crucial for L&D leaders and executives.

Experiment results show that AI can accelerate the L&D process by 41%, offering a promising future. The initiative aims to help teams enhance creativity and address the global skills gap, ultimately improving organizational learning needs.

Ken Hubbell, CEO of Soffos, stated, "AI is a powerful tool that can augment human capabilities in L&D." The experiment utilized Soffos' generative AI platform, which includes modules for micro-lesson creation, Q&A generation, and AI Assistants (termed "Force Multipliers").

The experiment revealed a 41% time-saving acceleration in a 36:1 ILT Course, with significant reductions during the Design and Development phases. High-Level Design Document creation achieved a 90% acceleration.

Ric Garner, Partner at Navigant Learning, mentioned, "Leveraging AI will allow L&D professionals to build better training experiences at speed and scale." AI tools should augment human capabilities, not replace them.

AI is emerging as a valuable complement to human efforts in L&D, accelerating various steps and better equipping organizations to meet learning demands. Further integrations and automation promise new possibilities.