Changpeng “CZ” Zhao, former Binance chief, announced his initiative to educate up to one billion children worldwide for free through Giggle Academy, highlighted at Token2049 in Dubai. Giggle Academy utilizes generative AI to create engaging, gamified online courses aimed at elementary education, covering unconventional topics like finance, entrepreneurship, and blockchain. Zhao emphasized the accessibility of educational technology that captivates children's attention. His pivot to education comes after stepping down from Binance amid legal challenges. The incorporation of AI into education is increasingly prevalent; countries like Japan are already exploring its use in classrooms. Initiatives from private sectors, such as Andrej Karpathy's AI-powered teaching assistant startup, aim to deliver expert-level education globally, addressing language barriers. If successful, such endeavors could revolutionize how knowledge is disseminated to future generations.

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