Mark Cuban is one of the most successful entrepreneurs, tech innovators, and disruptors in recent history. While he’s best known for his role on Shark Tank, his ownership of the Dallas Mavericks, and founding multiple companies, he’s also a family man and father of three. His experience as an investor, entrepreneur, and parent gives him a unique perspective from which both teens and parents can learn.
We had the opportunity to interview Mark Cuban about the impact of AI on education, career advice for today’s teens, and much more.
The Mark Cuban Interview
Q: AI is disrupting classrooms, and teens are relying heavily on it for their homework and essays. When should schools discourage the use of AI, and when should they embrace it?
[Mark Cuban]: They should always embrace it as a tool to help kids learn. When I was a kid we used encyclopedias to look up everything. AI for students is Encyclopedia Britannica on steroids. And that’s just the text side. From a creativity standpoint, what can be done as of this week, is next level and will help creative students go next level
Q: How might education as we know it change?
[Mark Cuban]: I think in some respects tests will have to be done on PCs or laptops that are “clean” of tools, so students can answer questions and prove their knowledge. In other situations, teaching kids to use LLMs like ChatGPT and how to process the information, confirm its accurate and be able to discuss it, will become part of the teaching process
I think LLMs can also be structured by schools to provide personalized tutoring. With some help from the schools and teachers, LLMs can be modified to have conversations with students, much like a tutor has done. The AI will have more time, patience and work to the students schedule, but it obviously wont have the personal touch of a human tutor (sounds weird to even say). But that’s part of the adaptation
Q: What advice would you give to entrepreneurial teens who feel unsure or pressured about going to college? What advice would you give their parents?
[Mark Cuban]: Go to a college you can afford. Learning accounting, finance, sales, marketing are all incredibly valuable to any entrepreneur. Learning it in school is a lot less expensive than having to pay someone to do it for you. These are the languages of business. They give you a head start, make you more prepared and less dependent on outsiders.
Thanks for letting us be your partner on this parenting journey. ❤️