How Immersive Experiences are Unlocking Next Level Education

Financial Times and Infosys 

How Immersive Experiences are Unlocking Next Level Education
FT Money Machine app shown in live environment. Viewer is wearing an Apple Vision Pro headset.

the challenge

The 21st century world is ‘connected’. In such a complex world, teaching students how complex integrated systems — such as the economy — function in a hands-on way is increasingly important.

Seventy-five years ago, a radical, 2-metre-tall analogue computer invented by maverick economist Bill Phillips did just that. But the transition to digital and mobile has largely killed off such experiential devices.  

The Financial Times and Infosys have used Bill Phillips’ landmark machine as the starting point for a unique XR project which places ‘learning by doing’ at its core; redefining how we learn (and teach) through experiential learning that combines the best of innovation and creative possibilities.

Solution

In collaboration with Cambridge University, home of one of the last working original Moniacs, and the LSE, the project team created the ‘FT Money Machine’, which meticulously records every nuance of Phillips' computer. It uses the Apple Vision Pro – which blends digital content with the physical world – to give users an immersive and interactive experience for a global digital audience.

Within the immersive environment offered by Apple Vision Pro, the Money Machine app recreates the full cause and effect experience of Bill Phillips' original machine and augments it with new XR features combining engaging hands-on guided lessons along with a free play mode to let students create and explore their own economic scenarios.

The experience represents the first time the basic actions of macroeconomic relationships and policy levers have been widely accessible in the public domain in an engaging, digestible format for use by students, educators, researchers and historians.

Results

The FT Money Machine is now available to download for free from the Apple Vision Pro App Store. Special coverage of the Money Machine by Alan Smith and FT senior columnist Tim Harford will be published in the September 7th print FT Weekend, and is available free-to-read at ft.com/moneymachine.

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