Dubai: Behemoth leaps in data computing and knowledge sharing will create powerful learning models in the coming decades as compared to traditional institutions over the last millennium, said an innovation expert on Tuesday.

The exponential increase in data combined with monumental computing power advances will also equal the playing field for all students in years to come, said Dr Peter Diamandis, founder of X-Prize, the $10 million incentive-based competition that pushed space exploration into the private sector.

Speaking at the World Government Summit on university models of the future, Diamindis predicted that Artificial Intelligence (AI), 3-D printing as well as super-fast computers hardly imaginable now, will be normal technologies that will close the education gap between rich and poor.

“Twenty years from now, $1,000 wlll buy you the computation power of the entire human race” as it now stands, said Diamandis, noting the potential for learning is only limited by the imagination.

A few years ago, for example, the AI computer Watson took on competitors on television trivia show, Jeopardy, with great skill and was equipped with 200 million pages of Wikipedia content and with the ability to process one million books per second.

And that was three years ago, he pointed out.

In the future, he said, “robots will enter virtually every aspect of our lives. What happens when a robotic surgeon is far better?”

With some estimates that 35 per cent of professions as we know them today will be replaced with AI robotics, Diamandis said it’s going to be a different world that is demonetized with less expensive technology.

“We need to unshackle our children of the future. Every child will have education personalised for them,” he said, with technology keeping track of a child’s favourite things to help inspire them on the path to higher knowledge.