The State of AI in 2020 -- from McKinsey and Company

Where AI is being used most in 2020

From DSC:
I saw this item out at:

  • AI is delivering a growing share of earnings, says McKinsey — from which-50.com by Andrew Birmingham
    Excerpt:
    Some companies are generating an increasing share of the profits in a way that is directly attributable to AI, and the best performers are likely to increase their investments setting up a world of algorithmic leaders and laggards, according to a new paper from McKinsey & Company. Called The State of AI in 2020, the report notes that we could start to see a widening divide between AI leaders and the majority of companies still struggling to capitalise on the technology.

Also see:

 

The Observatory is an interactive platform that allows you to do a preliminary analysis of 600+ legal technologies in the market today

The Observatory — from orrick.com with thanks to Gabe Teninbaum for mentioning this resource in his Lawtomatic Newsletter (Issue #112, 11/18/20)

The Observatory is an interactive platform that allows you to do a preliminary analysis of 600+ legal technologies in the market today (including some developed by Orrick):

  • Gain insight into features of legal tools
  • View leading categories of legal tech, from artificial intelligence to workflow automation
  • Understand tech use-cases for litigation, transactional and general solutions
  • Identify legal tech companies with diverse leadership

Excerpt from Gabe’s newsletter:

  • The Observatory: the tech-savvy biglaw firm, Orrick, has a new interactive platform offering data on 600+ legal technologies currently on the market.  A user can click on the type of tool they’d like to learn more about (e.g. document automation or contract management), click on various filters, then get a summary of what it does.  It also includes a narrative box for what makes the tool unique.  It’s easy to use, free, and also gives a nice preview for clients on the type of value the firm might offer them beyond run-of-the-mill representation.

Explore The Observatory from Orrick dot com to help you identify potential fits for your legaltech related needs

 

AI Conversations: Enabling Smarter, More Efficient Healthcare — from cio.com

Excerpt:

Healthcare providers face a wide range of critical challenges in delivering quality healthcare while containing rising costs. Many forward-looking providers are using artificial intelligence to streamline workflows, improve diagnostics, personalize medicine and reduce the length of hospital stays.

 

The pandemic pushed universities online. The change was long overdue. — from hbr-org.cdn.ampproject.org by Sean Gallagher and Jason Palmer; with thanks to Mike Mathews for his posting on LinkedIn re: this item

Excerpt:

A number of elite institutions — such as Princeton University, Williams College, Spelman College, and American University — have substantially discounted tuition for their fully online experience in an historically unprecedented fashion, highlighting pricing pressures and opening up Pandora’s box. This comes after a decade of growth in postsecondary alternatives, including “massively open online courses” (MOOCs), industry-driven certification programs, and coding bootcamps.

This moment is likely to be remembered as a critical turning point between the “time before,” when analog on-campus degree-focused learning was the default, to the “time after,” when digital, online, career-focused learning became the fulcrum of competition between institutions.

 

Radar trends to watch: October 2020 — from oreilly.com

Excerpt:

This month, the big surprise is that there’s no significant technology news about COVID. And there is more news than ever about legislation and regulation. I suspect that the legal system will be a big driver for technology over the next year. Another trend that doesn’t quite count as technology news but that definitely bears watching is that college enrollment in the US is down. Grad schools are up, 4 year colleges are down slightly; the big hit is in 2 year colleges. COVID is probably the biggest contributing factor, but regardless of the cause, this is an inauspicious trend.

 

 

From DSC:
Along these lines…

Sometimes, I think we need to be very careful with Artificial Intelligence (#AI) — which elements of it and which applications of it that we use in our society and which we don’t move forward with. But in the case of cloud-based learning profiles (some might say competency profiles), AI makes sense. Algorithms could make sense. Data mining could make sense.

A cloud-based learning profile might not make sense always to us — as it could be very large indeed. But AI-based algorithms could assist with finding appropriate matches between jobs, competencies, passions, skills, and candidates.

Such services will likely be part of a next-gen learning platform.

 

DC: You want to talk about learning ecosystems?!!? Check out the scopes included in this landscape from HolonIQ!

You want to talk about learning ecosystems?!!? Check this landscape out from HolonIQ!

Also see:

Education in 2030 -- a $10T market -- from HolonIQ.com

From DSC:
If this isn’t mind-blowing, I don’t know what is! Some serious morphing lies ahead of us!

 

Artificial Intelligence for Learning: How to use AI to Support Employee Development [Donald Clark]

So what is the book about? — from donaldclarkplanb.blogspot.com by Donald Clark; which discusses his book entitled, Artificial Intelligence for Learning: How to use AI to Support Employee Development

Excerpt:

AI changes everything. It changes how we work, shop, travel, entertain ourselves, socialize, deal with finance and healthcare. When online, AI mediates almost everything – Google, Google Scholar, YouTube, Facebook, Twitter, Instagram, TikTok, Amazon, Netflix. It would be bizarre to imagine that AI will have no role to play in learning – it already has.

Both informally and formally, AI is now embedded in many of the tools real learners use for online learning – we search for knowledge using AI (Google, Google Scholar), we search for practical knowledge using AI (YouTube), Duolingo for languages, and CPD is becoming common on social media, almost all mediated by AI. It is everywhere, just largely invisible. This book is partly about the role of AI in informal learning but it is largely about its existing and potential role in formal learning – in schools, Universities and the workplace. AI changes the world, so it changes why we learn, what we learn and how we learn.

Also see:

  • Abandon lectures: increase attendance, attitudes and attainment — from donaldclarkplanb.blogspot.com by Donald Clark
    Excerpt:
    The groups were taught a module in a physics course, in three one hour sessions in one week. In short; attendance increased, measured attitudes were better (students enjoyed the experience (90%) and thought that the whole course would be better if taught this way (77%)). More importantly students in the experimental group outperformed the control group, doing more than twice as well in assessment than the control group.
 

Artificial Intelligence (AI) for beginners  — from enterprisersproject.com by Stephanie Overby
Artificial intelligence can seem daunting as you start work. Let’s break down how AI works, common types of AI, how it improves big data insights, and strategy essentials.

Excerpt:

“The use of AI and machine learning (ML) is occurring in a wide range of solutions and applications, from ERP and manufacturing software to content management, collaboration, and user productivity. Artificial intelligence and machine learning are top of mind for most organizations today,” David Schubmehl, research director of Cognitive/Artificial Intelligence Systems at IDC said in conjunction with the guide, noting that AI will be the disrupting influence reshaping entire industries over the next decade.

It’s clear that AI will be on everyone’s roadmap soon. As Enterprisers Project noted in our Harvard Business Review Analytic Services report, An Executive’s Guide to Real-World AI, “Hype in tech is nothing new. What’s different this time is the degree to which reasonable and knowledgeable people believe that there is, indeed, a real urgency to get going with AI now.”

Addendum on 8/28/90

 
 

What should schools, colleges and Universities do in September? …7 actions — from donaldclarkplanb.blogspot.com by Donald Clark

Excerpts:

Let me start with a tough question. Weighing your wish to return to schools or campuses, given the current surge of Covid cases, is the return to the classroom or chasing the cash worth a single dead student, teacher or parent? Or should we see the September return as an opportunity to change things for the better and by that I mean for teachers, lecturers, students and parents? We need a reset.

Necessity is the mother of invention. I hope that this human tragedy allows us to transform the learning landscape to be better and more inclusive through Blended Learning. We have an opportunity to use contemporary technology to reduce teacher workload and improve learning at the same time.

 

 

“Existing meeting interfaces had been designed with a singular goal, to simply enable virtual conversations. How could we build a meeting interface from the ground-up that intentionally facilitates engaging, productive, and inclusive conversations?”

 

What will tools like Macro.io bring to the online-based learning table?!

 

‘No college degree required’: Google expands certificate program for in-demand job skills — from fastcompany.com by Lydia Dishman

Excerpt:

Google just announced that it is expanding its skills certification program to help more people land high-paying tech jobs without a college degree.

The Grow with Google Career Certificates will be available soon for in-demand jobs including Data Analyst, Project Manager, and UX designer. These jobs pay between $60,000 and $90,000, on average.

From DSC:
Does this get at what Professor Scott Galloway was talking about yesterday at the Remote Conference? That is, that Big Tech is coming for healthcare and education. Could be. 

Also see:

  • Google to launch 3 more tech certificates on Coursera — from educationdive.com by Natalie Schwartz
    Excerpt:
    The certificates — which will be in data analytics, project management and user experience design — will cost $49 a month and take three to six months to complete. Google will fund 100,000 need-based scholarships for those who take them.
 

From DSC:
For current and/or future data scientists out there.

Guides on how to ace your next data science interview

Required Skills
The data analyst position at Amazon requires specialization in knowledge and experience. Therefore, Amazon only hires highly qualified candidates with at least 3 years of industry experience working with data analysis, data modelling, advanced business analytics, and other related fields.

Other basic qualifications include:

  • Bachelor’s or Masters (PhD prefered) in Finance, Business, Economics, Engineering, math, statistics, computer science, Operation Research, or related fields.
  • Experience with scripting, querying, and data warehouse tools, such as Linux, R, SAS, and/or SQL
  • Extensive experience in programming languages like Python, R,  or Java.
  • Experience with querying relational databases (SQL) and hands-on experience with processing, optimization, and analysis of large data set.
  • Proficiency with Microsoft Excel, Macros and Access.
  • Experience in identifying metrics and KPIs, gathering data, experimentation, and presenting decks, dashboards, and scorecards.
  • Experience with business intelligence and automated self-service reporting tools such as Tableau, Quicksight, Microsoft Power BI, or Cognos.
  • Experience with AWS services such as RDS, SQS, or Lambda.
 

This unique free event is designed to give our learning community a chance to explore the most popular topics discussed at Learning Technologies.

The 2020 Learning Technologies Summer Forum (#LTSF20) takes place online, looking at some of the key topics we examined at February’s conference. Once again, the Summer event is an opportunity to interact, experiment and try some new things together.

 

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