Connect with us

Business

Meet David Joyner, the professor who cloned himself with an AI avatar named ‘DAI-vid,’ as part of an experiment to ‘democratize’ online learning

Published

on



As AI sweeps through higher education, a growing number of professors have been drawing a line in the sand—banning AI tools from the classroom and returning to classic “blue book” exams to ensure authentic, human-driven learning. David Joyner of Georgia Tech told Fortune that he’s heard blue-book sales are up something like 50% nationwide. In fact, The Wall Street Journal reported in May that they they’ve risen even higher at some colleges, such as the University of California, Berkeley, whose bookstore reported an 80% surge over the last two years.

But Joyner, who among other things is Georgia Tech’s executive director of online education, where he’s long been a leader in the online education space with an ultra-cheap $7,000 computer science Masters degree, has other ideas. He and Anant Agarwal, an award-winning professor at the Massachusetts Institute of Technology, have cloned Joyner in cyberspace and created an artificial intelligence (AI) professor.

Joyner’s latest project on the online education platform edX, an experimental pilot titled “Foundations of Generative AI,” is something new, Fortune can exclusively reveal. It uses a virtual avatar named DAI-vid, modeled after Joyner’s own appearance and voice. The avatar delivers lectures while wearing a signature binary-coded bracelet. Joyner explained that if you see him onscreen wearing a bracelet, that’s actually DAI-vid talking.

The rise of the ‘super teacher’

Agarwal became CEO of edX in 2012 for exactly this outcome, when Harvard and MIT co-founded the nonprofit based off Agarwal’s MITx initiative. Ever since, he has been using the platform to teach far-reaching “open courses” (also known as MOOCs, or massive online open courses) for years, with the first edX course being an MIT lecture on circuits and electronics that drew 155,000 students from 162 countries within one year, according to edX, and has now surpassed 1 million. The open courses offered by edX have since grown to over 2,000 online courses reaching over 17 million people.

The organization has grown from a nonprofit, jointly founded by Harvard and MIT with $30 million investments from each, into a for-profit entity following its acquisition by 2U for $800 million in 2021, when Agarwal became 2U’s chief academic officer. With edX now firmly in the for-profit area of open courses, competing against players such as Coursera, profit is a consideration but edX reiterated to Fortune that this AI pilot is not part of monetization efforts.

In the years since, Agarwal told Fortune, edX has grown to reach millions of people, in line with its mission. For instance, he noted that Harvard’s David Malan has taught an online course on edX that has drawn over 7 million users, while Agarwal’s own circuits course has been taken by at least a million students worldwide. Agarwal said he strongly believes that AI technology will help more professors reach similar millions of people, and that’s why he approached Joyner about the idea of an AI-generated open course.

Agarwal said Joyner is his “go-to person for things like this” and mentioned how much Joyner has done to democratize online learning, including his computer science degree recognized by, among others, Fast Company for its low-cost accessibility. Stressing that the course was developed as an experimental pilot, they said rhey want to harvest feedback and learnings.

At the time, Joyner was developing a new generative AI module for the aforementioned online computer science program, specifically the Master of Science degree. He had two bad options: a text-based format that could be easily updated but boring, and a filmed course that would be outdated within months, at the rate of technological progress. Using AI tools offered a way for him to do both, he realized. The result is Foundations of Generative AI: a three-week course on edX that feels like a timely video course but can be edited and updated by Joyner with the help of AI tools at any point.

The course introduces Joyner’s avatar—DAI-vid—upfront, so students know they’re watching AI-generated instruction. The avatar is clearly identified with a visible indicator: a bracelet created by Joyner’s daughter (which spells AI in binary digits) ensures students always know when the presenter is the AI. Joyner used HeyGen, a generative AI video platform, to create his avatar, training it with a five-minute studio recording that captured his appearance and speech patterns.

Agarwal said he was excited by the results: “AI is augmenting the teacher and turns teachers into super teachers.” Far from eliminating teachers, it is multiplying their reach and impact, he said. “It democratizes teaching.” Everybody can be a great teacher with these AI tools, he insisted, but there’s a catch: these AI tools still don’t substitute for human skills and knowhow.

“If you’re a bad teacher, this isn’t going to make you a good teacher,” Agarwal said. “But if you’re a good teacher, this is going to make it so you can teach a lot more people and teach a lot more subjects and teach in a lot more contexts. But you still have to have that expertise.”

Joyner agreed, clarifying that AI gets added to the relationship after all the intellectual heavy lifting by (the human version of) him is done: “This is an AI assisting an instructor, but the instructor ultimately [is] the author and responsible party for everything.” He said it’s definitely not the case that he’s telling a robot to design his course, it’s more like he’s working with robots to amplify the course delivery once he’s done designing it himself.

Agarwal said he knows many professors “who can write quite well, but are tongue-tied in front of a camera,” lacking the kind of hand gestures, enthusiasm, and even voice inflection that makes for a successful instructor. He explained that he sees AI as part of a natural progression in teaching, noting the huge advances in course instruction from even 10, 20 years ago. The richest colleges and universities were able to improve education, taking one professor’s wonky scribblings and turning them into slick presentations with the help of “graphic designers, video editors, text writers, amazing teaching assistants, all kinds of people—a professor could have a huge team,” Agarwal said. A lot of those functions can now be done by AI, he added, “and every teacher at every college, poor or rich, can have an amazing team and a supporting cast.” He said that instead of harming education, AI will “democratize” it.

For Joyner, working with AI has made course creation a more personal process: “The analogy I have is when I do a traditional course production, it feels like a Marvel big-budget movie production… This [AI process] feels more like an auteur indie film.” He said he feels like this course “captures” him much more—even though it’s DAI-vid talking, not David.

AI-assisted grading

Fortune has previously reported on the thorny question of education in the age of AI. Jure Leskovec, a computer science professor at Stanford and himself a startup founder, told Fortune that he shifted two years ago to completely hand-written and hand-graded essays. Students, especially his teaching assistants, were asking for it because they wanted to be sure they were really learning about the subject and that required a manual process given AI’s capabilities. He said that instead of saving him time, AI has made it so exams take “much longer” to grade, creating “additional work” and “fewer trees in the world” from all the paper he’s printing out.

To be sure, an intensive, semester-long course at Stanford like this one is very different from a three-week open course like Joyner’s. Still, Joyner is taking nearly the opposite tack, prioritizing scale and efficiencies through AI-assisted grading, with safeguards built into the process. Essays are evaluated through a tool called “GradyAI,” and the key thing, according to Agarwal, “is that students learn better from rapid feedback cycles.” He explained that traditionally, students submit an essay, wait a week, and get feedback, but GradyAI makes feedback nearly instant. “And anything a TA would need to escalate, a human can still take over. We see this as a crucible to experiment with the best of both AI and human teaching.”

When asked about potential mistakes or even hallucinations in the grading of papers through AI technology, Agarwal explained that the grading tool provides very detailed feedback, and students can ask for a regrade if they disagree. “Within a minute, GradyAI will have regraded them based on the feedback. And the students can escalate to a faculty member for a live look, if they want to.”

Regarding the subject of cheating and whether students might use AI to write essays, edX told Fortune that GradyAI has cheating detection built into its algorithms that can be turned on or off depending on the application. This works by extracting a student’s skills from their submitted assignments and flagging inconsistencies with the skills that are subsequently displayed. It uses the same skills extraction algorithms to report a student’s skill development over a course as a demonstration of learning progress. 

Agarwal said the system was also designed to accommodate privacy laws and newly emerging regulations in areas like Europe, and this is a bit difficult as it’s such a nascent space. “The laws are changing so fast.”

One of the most transformative aspects is accessibility. The tools allow courses to be instantly translated and altered to fit many different learning styles and needs—including learners with disabilities, or those needing support in different languages. “With one course, I can explode it exponentially a million-fold and truly customize learning to each student,” Agarwal said. He said he envisioned a future where every learner can “zap” a course into their preferred level, language, or pace—radically personalizing education at scale.

The coming tsunami

In a separate interview, Agarwal made clear that he’s a big believer in AI, having spent decades exploring its potential, from building energy-efficient “organic computing” models in the early 2000s to pioneering online learning with edX’s nearly 100 million global learners today. He is incredibly bullish on AI, telling Fortune that this will be “the decade to beat all decades” in terms of technological advancement.

He acknowledged the recent finding from colleagues at MIT that 95% of corporate AI pilots are failing to generate a return on investment, but added that that’s just part of how science works: “I’m not surprised. I mean, I’ve been a technologist long enough [to wonder] why is that even news? Remember, I was becoming an MIT professor in the mid-’80s when the first mobile phone just came out, and it was as big as a coffee machine.” The real breakthrough came decades later. Agarwal said he was able to access the internet in 1987 through his research and “it was crappy, crummy, text-based.” AI, he added, is going to be “bigger than microwave ovens. It’s bigger than the automobile. It’s bigger than, probably the thing that comes closest would be the computer.”

Agarwal also acknowledged the chaos unleashed in job markets and among students, pointing to coding as a specific example. “The boot-camp business completely imploded and … does not exist anymore, pretty much. And it’s because all those entry-level coding jobs went away because coding moved to a higher level.”

Agarwal predicted a “tsunami of people that are coming who are hell-bent on upskilling with AI,” and said he’s working with major corporate clients who “want to upskill tens of thousands of people within their own company … It is much, much easier to upskill an existing employee than try to lay off and hire somebody else. So my sense is that this upskilling tsunami is coming.” (Agarwal declined to name the client, citing confidentiality.)

In other words, millions of people will need new skills, and they might be getting them from a professor’s avatar, wearing a bracelet, with a name like DAI-vid.



Source link

Continue Reading

Business

YouTube launches option for U.S. creators to receive stablecoin payouts through PayPal

Published

on



Big Tech continues to tiptoe into crypto. The latest example is a move by YouTube to let creators on the video platform choose to receive payouts in PayPal’s stablecoin. The head of crypto at PayPal, May Zabaneh, confirmed the arrangement to Fortune, adding that the feature is live and, as of now, only applies to users in the U.S. 

A spokesperson for Google, which owns YouTube, confirmed the video site has added payouts for creators in PayPal’s stablecoin but declined to comment further.

YouTube is already an existing customer of PayPal’s and uses the fintech giant’s payouts service, which helps large enterprises pay gig workers and contractors. 

Early in the third quarter, PayPal added the capability for payment recipients to receive their checks in PayPal’s stablecoin, PYUSD. Afterwards, YouTube decided to give that option to creators, who receive a share of earnings from the content they post on the platform, said Zabaneh.

“The beauty of what we’ve built is that YouTube doesn’t have to touch crypto and so we can help take away that complexity,” she added.

Big Tech eyes stablecoins

YouTube’s interest in stablecoins comes as Google and other Big Tech companies have shown interest in the cryptocurrencies amid a wave of hype in Silicon Valley and beyond. 

The tokens, which are pegged to underlying assets like the U.S. dollar, are longtime features of the crypto industry. But over the past year, they’ve exploded into the mainstream, especially after President Donald Trump signed into law a new bill regulating the crypto assets. Proponents say they are an upgrade over existing financial infrastructure, and big fintechs have taken notice, including Stripe. In February, the payments giant closed a blockbuster $1.1 billion purchase of the stablecoin startup Bridge.

PayPal has long been an earlier mover in crypto among large tech firms. In 2020, it let users buy and sell Bitcoin, Ethereum, and a handful of other cryptocurrencies. And, in 2023, it launched the PYSUD stablecoin, which now has a market capitalization of nearly $4 billion, according to CoinGecko.

PayPal has slowly integrated PYUSD throughout its stable of products. Users can hold it in its digital wallet as well as Venmo, another financial app that PayPal also owns. They can use it to pay merchants. And, in February, a PayPal executive said small-to-medium sized merchants will be able to use it to pay vendors.

YouTube’s addition of payouts in PYUSD isn’t the first time Google has experimented with PayPal’s stablecoin. An executive at Google Cloud, the tech giant’s cloud computing arm, previously toldFortune that it had received payments from two of its customers in PYUSD. 



Source link

Continue Reading

Business

Oracle slides by most since January on mounting AI spending

Published

on



Oracle Corp. shares plunged the most in almost 11 months after the company escalated its spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want.

Capital expenditures, a metric of data center spending, were about $12 billion in the quarter, an increase from $8.5 billion in the preceding period, the company said Wednesday in a statement. Analysts anticipated $8.25 billion in capital spending in the quarter, according to data compiled by Bloomberg. 

Oracle now expects capital expenditures will reach about $50 billion in the fiscal year ending in May 2026 — a $15 billion increase from its September forecast — executives said on a conference call after the results were released.

The shares fell 11% to $198.85 at the close Thursday in New York, the biggest single-day decline since Jan. 27. Oracle’s stock had already lost about a third of its value through Wednesday’s close since a record high on Sept. 10. Meanwhile, a measure of Oracle’s credit risk reached a fresh 16-year high.

The latest earning report and share slide marks a reversal of fortunes for a company that just a few months ago was enjoying a blistering rally and clinching multibillion-dollar data center deals with the likes of OpenAI. The gains temporarily turned co-founder Larry Ellison into the world’s richest person, with the tech magnate passing Elon Musk for a few hours.

Known for its database software, Oracle has recently found success in the competitive cloud computing market. It’s engaging in a massive data center build-out to power AI work for OpenAI and also counts companies such as ByteDance Ltd.’s TikTok and Meta Platforms Inc. as major cloud customers. 

Fiscal second-quarter cloud sales increased 34% to $7.98 billion, while revenue in the company’s closely watched infrastructure business gained 68% to $4.08 billion. Both numbers fell just short of analysts’ estimates.Play Video

Still, Wall Street has raised doubts about the costs and time required to develop AI infrastructure at such a massive scale. Oracle has taken out significant sums of debt and committed to leasing multiple data center sites. 

The cost of protecting the company’s debt against default for five years rose as much as 0.17 percentage point to around 1.41 percentage point a year, the highest intraday level since April 2009, according to ICE Data Services. The gauge rises as investor confidence in the company’s credit quality falls. Oracle credit derivatives have become a credit market barometer for AI risk.

“Oracle faces its own mounting scrutiny over a debt-fueled data center build-out and concentration risk amid questions over the outcome of AI spending uncertainty,” said Jacob Bourne, an analyst at Emarketer. “This revenue miss will likely exacerbate concerns among already cautious investors about its OpenAI deal and its aggressive AI spending.”

Remaining performance obligation, a measure of bookings, jumped more than fivefold to $523 billion in the quarter, which ended Nov. 30. Analysts, on average, estimated $519 billion.

Investors want to see Oracle turn its higher spending on infrastructure into revenue as quickly as it has promised. 

“The vast majority of our cap ex investments are for revenue generating equipment that is going into our data centers and not for land, buildings or power that collectively are covered via leases,” Principal Financial Officer Doug Kehring said on the call. “Oracle does not pay for these leases until the completed data centers and accompanying utilities are delivered to us.”

“As a foundational principle, we expect and are committed to maintaining our investment grade debt rating,” Kehring added.

Oracle’s cash burn increased in the quarter and its free cash flow reached a negative $10 billion. Overall, the company has about $106 billion in debt, according to data compiled by Bloomberg. “Investors continually seem to expect incremental cap ex to drive incremental revenue faster than the current reality,” wrote Mark Murphy, an analyst at JP Morgan.Play Video

“Oracle is very good at building and running high-performance and cost-efficient cloud data centers,” Clay Magouyrk, one of Oracle’s two chief executive officers, said in the statement. “Because our data centers are highly automated, we can build and run more of them.”

This is Oracle’s first earnings report since longtime Chief Executive Officer Safra Catz was succeeded by Magouyrk and Mike Sicilia, who are sharing the CEO post.

Part of the negative sentiment from investors in recent weeks is tied to increased skepticism about the business prospects of OpenAI, which is seeing more competition from companies like Alphabet Inc.’s Google, wrote Kirk Materne, an analyst at Evercore ISI, in a note ahead of earnings. Investors would like to see Oracle management explain how they could adjust spending plans if demand from OpenAI changes, he added.

In the quarter, total revenue expanded 14% to $16.1 billion. The company’s cloud software application business rose 11% to $3.9 billion. This is the first quarter that Oracle’s cloud infrastructure unit generated more sales than the applications business.

Earnings, excluding some items, were $2.26 a share. The profit was helped by the sale of Oracle’s holdings in chipmaker Ampere Computing, the company said. That generated a pretax gain of $2.7 billion in the period. Ampere, which was backed early in its life by Oracle, was bought by Japan’s SoftBank Group Corp. in a transaction that closed last month.

In the current period, which ends in February, total revenue will increase 19% to 22%, while cloud sales will increase 40% to 44%, Kehring said on the call. Both forecasts were in line with analysts’ estimates.

Annual revenue will be $67 billion, affirming an outlook the company gave in October.



Source link

Continue Reading

Business

Analyst sees Disney/OpenAI deal as a dividing line in entertainment history

Published

on



Disney’s expansive $1 billion licensing agreement with OpenAI is a sign Hollywood is serious about adapting entertainment to the age of artificial intelligence (AI), marking the start of what one Ark Invest analyst describes as a “pre‑ and post‑AI” era for entertainment content. The deal, which allows OpenAI’s Sora video model to use Disney characters and franchises, instantly turns a century of carefully guarded intellectual property (IP) into raw material for a new kind of crowd‑sourced, AI‑assisted creativity.​

Nicholas Grous, director of research for consumer internet and fintech at Ark Invest, told Fortune tools like Sora effectively recreate the “YouTube moment” for video production, handing professional‑grade creation capabilities to anyone with a prompt instead of a studio budget. In his view, that shift will flood the market with AI‑generated clips and series, making it far harder for any single new creator or franchise to break out than it was in the early social‑video era.​ His remarks echoed the analysis from Melissa Otto, head of research at S&P Global Visible Alpha, who recently told Fortune Netflix’s big move for Warner Bros.’ reveals the streaming giant is motivated by a need to deepen its war chest as it sees Google’s AI-video capabilities exploding with the onset of TPU chips.

As low‑cost synthetic video proliferates, Grous said he believes audiences will begin to mentally divide entertainment into “pre‑AI” and “post‑AI” categories, attaching a premium to work made largely by humans before generative tools became ubiquitous. “I think you’re going to have basically a split between pre-AI content and post-AI content,” adding that viewers will consider pre-AI content closer to “true art, that was made with just human ingenuity and creativity, not this AI slop, for lack of a better word.”

Disney’s IP as AI fuel

Within that framework, Grous argued Disney’s real advantage is not just Sora access, but the depth of its pre‑AI catalog across animation, live‑action films, and television. Iconic franchises like Star Wars, classic princess films and legacy animated characters become building blocks for a global experiment in AI‑assisted storytelling, with fans effectively test‑marketing new scenarios at scale.​

“I actually think, and this might be counterintuitive, that the pre-AI content that existed, the Harry Potter, the Star Wars, all of the content that we’ve grown up with … that actually becomes incrementally more valuable to the entertainment landscape,” Grous said. On the one hand, he said, there are deals like Disney and OpenAI’s where IP can become user-generated content, but on the other, IP represents a robust content pipeline for future shows, movies, and the like.

Grous sketched a feedback loop in which Disney can watch what AI‑generated character combinations or story setups resonate online, then selectively “pull up” the most promising concepts into professionally produced, higher‑budget projects for Disney+ or theatrical release. From Disney’s perspective, he added, “we didn’t know Cinderella walking down Broadway and interacting with these types of characters, whatever it may be, was something that our audience would be interested in.” The OpenAI deal is exciting because Disney can bring that content onto its streaming arm Disney+ and make it more premium. “We’re going to use our studio chops to build this into something that’s a bit more luxury than what just an individual can create.”

Grous agreed the emerging market for pre‑AI film and TV libraries is similar to what’s happened in the music business, where legacy catalogs from artists like Bruce Springsteen and Bob Dylan have fetched huge sums from buyers betting on long‑term streaming and licensing value.

The big Netflix-Warner deal

For streaming rivals, the Disney-OpenAI pact is a strategic warning shot. Grous argued the soaring price tags in the bidding war for Warner Bros. between Netflix and Paramount shows the importance of IP for the next phase of entertainment. “​I think the reason this bidding [for Warner Bros.] is approaching $100 billion-plus is the content library and the potential to do a Disney-OpenAI type of deal.” In other words, whoever controls Batman and the like will control the inevitable AI-generated versions of those characters, although “they could take a franchise like Harry Potter and then just create slop around it.”

Netflix has a great track record on monetizing libraries, Grous said, listing the example of how the defunct USA dramedy Suits surged in popularity once it landed on Netflix, proving extensive back catalogs can be revived and re‑monetized when matched with modern distribution.​

Grous cited Nintendo and Pokémon as examples of under‑monetized franchises that could see similar upside if their owners strike Sora‑style deals to bring characters more deeply into mobile and social environments.​ “That’s another company where you go, ‘Oh my god, the franchises they have, if they’re able to bring it into this new age that we’re all experiencing, this is a home-run opportunity.’”

In that environment, the Ark analyst suggests Disney’s OpenAI deal is less of a one‑off licensing win than an early template for how legacy media owners might survive and thrive in an AI‑saturated market. The companies with rich pre‑AI catalogs and a willingness to experiment with new tools, he argued, will be best positioned to stand out amid the “AI slop” and turn nostalgia‑laden IP into enduring, flexible assets for the post‑AI age.​

Underlying all of this is a broader battle for attention that spans far beyond traditional studios and shows how sectors between tech and entertainment are getting even blurrier than when the gatecrashers from Silicon Valley first piled into streaming. Grous notes Netflix itself has long framed its competition as everything from TikTok and Instagram to Fortnite and “sleep,” a mindset that fits naturally with the coming wave of AI‑generated video and interactive experiences.​ (In 2017, Netflix co-founder Reed Hastings famously said “sleep” was one of the company’s biggest competitors, as it was busy pioneering the binge-watch.)

Grous also sounded a warning for the age of post-AI content: The binge-watch won’t feel as good anymore, and there will be some kind of backlash. As critics such as The New York Times‘ James Poniewozik increasingly note, streaming shows don’t seem to be as re-watchable as even recent hits from the golden age of cable TV, such as Mad Men. Grous said he sees a future where the endangered movie theater makes a comeback. “People are going to want to go outside and meet or go to the theater. Like, we’re not just going to want to be fed AI slop for 16 hours a day.”

Editor’s note: the author worked for Netflix from June 2024 through July 2025.



Source link

Continue Reading

Trending

Copyright © Miami Select.