Interest in artificial intelligence training is soaring, but only a fraction of the demand is being met by higher education, according to a new report.

Nearly 57 million people in the U.S. are interested in learning AI-based skills—with about 8.7 million currently learning, the higher education marketing and research firm Validated Insights estimates.

Two-thirds of them are doing so independently through videos, online reading and other learning resources, and a third are doing so via a structured and supervised learning program. However, just 7,000 (0.2 percent) are learning AI via a credit-bearing program from a higher education institution.

This is despite enrollment in AI courses growing quickly in recent years. According to the report, the first bachelor’s degree in the subject was launched by Carnegie Mellon University in 2018.

Over the next five years, enrollment in AI programs at colleges and universities grew 45 percent annually. The report found that approximately 1 percent of institutions now offer a master’s degree in AI, 2.5 percent a bachelor’s degree and 3 to 5 percent offer a nondegree program.

SUNY’s University at Buffalo saw enrollment in its master’s degree in AI grow over 20 times from 2020 to 2024, from five to 103 students.

“Based on the data, there was sizable existing interest and demand for professional and workplace education and training in AI and AI-related areas, but we probably haven’t seen anything yet,” said Brady Colby, head of market research at Validated Insights.

“According to survey data and hiring trends, this market, the AI education and training market, is positioned for incredible, maybe explosive, growth.”

Validated Insights said ed-tech companies have seized the opportunity and are serving more than 99 percent of those looking to upskill in AI. Just 14 months after the launch of ChatGPT, enrollment in generative AI courses on platforms like Coursera and Udemy had grown to 3.5 million.

“Given the expected very high demand for learning AI, that so few existing learners are in credit programs is an important thing to know,” said Colby.

“It’s not necessarily a warning for colleges and universities as it may be a blast of opportunity. If for-credit, degree-granting institutions can sync their programs and reach this massive pool of interested students, the rewards could be excessive—for the students and schools alike.”

Estimates published by Statista suggest that the aggregate market for AI in the U.S. in 2025 is worth $74 billion.