In Robot-Proof: Higher Education in the Age of Artificial Intelligence, Northeastern University president Dr. Joseph E. Aoun observes that the rise of machine learning will have a profound impact on the jobs people do and the planet they inhabit. A recent piece in the Economist confirmed this hypothesis in the context of the global finance industry, noting: “Funds run by computers that follow rules set by humans account for 35% of America’s stock market, 60% of institutional equity assets and 60% of trading activity.”
As is evident from the Institute of International Education’s 2019 Open Doors Report, international students are alert to the transformations posed by the rise of technology in industry, and they increasingly seek out majors in math and computer science at the expense of traditional business programs.
To kick off International Education Week this past Monday,
the Institute of International Education (IIE) released its 70th
Open Doors Report outlining international student mobility trends in the
United States during the 2018/19 academic year.
Assistant Secretary of State for Educational and Cultural Affairs Marie
Royce commenced the release by lauding the nation’s status as the most popular
study destination for international students, attracting more than one million
international students for the fourth year in a row.
The report also indicated that there was a decrease in the
6.6 percent declines in new international student enrollments (NSEs) in 2017/18
to 0.9 percent in 2018/19, evidence that suggests the two-year drop in
international enrollments has stabilized.