Assertion Partly supported AI assessment confidence: 85% certainty 4/5 debate potential 1/5

Von Ahn: $80 billion is spent annually on language learning worldwide

Luis von Ahn · 20VC: Duolingo's Luis von Ahn on How CEO's Can Scale With The Company, How VC Herd Mentality In The Valley Really Works and How Chatbots & AI Play A Role In The Future of EdTech · Oct 13, 2017 · at 3:24

Luis von Ahn, co-founder and CEO of Duolingo, highlights global spending on language learning to outline the market opportunity.

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“About eighty billion dollars a year, eight zero, eighty billion dollars a year are spent on language learning.”

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Insight
Von Ahn: Duolingo rejects Silicon Valley's 'hire fast, fire fast' philosophy
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Assertion Partly supported
Von Ahn: Two-thirds of language learners study English to escape poverty
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Assertion Partly supported
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