the only part I question is the 'regardless of family wealth'. This is purely 1st world and even here for the middle class and above only. Sure, poor countries are improving, but there's no guarantee, not with increasing wealth inequality, climate change etc, that this kind of tech will ever reach most people.
In essence, this tool will eventually allow us to scale things like private tutors and make educators more productive and effective.
We already have really convincing text-to-speech and really good speech recognition. It won't be long before we pair this with robotics and have lifelike tutors for people that want to learn. Kids of the near future are going to be so advanced at scale compared to any previous generation. A curious mind needed to have smart adults around them willing to get them resources and time. Soon anyone with curiosity will have access.