Global Education Market to reach $10 Trillion by 2030 — from holoniq.com

Excerpt:

The global education market is set to reach at least $10T by 2030 as population growth in developing markets fuels a massive expansion and technology drives unprecedented re-skilling and up-skilling in developed economies. The next decade will see an additional 350 million post secondary graduates and nearly 800 million more K12 graduates than today. Asia and Africa are the driving force behind the expansion. The world needs to add 1.5 million teachers per year on average, approaching 100 million in total in order to keep pace with the unprecedented changes ahead in education around the world.

 

How to Communicate with Brevity — from qaspire.com by Tanmay Vora; with thanks to Roberto Ferraro for this resource
We live in a world of information overload. In such a world, communicating with brevity is a gift to others.

 

Buyer Beware: First-Year Earnings and Debt for 37,000 College Majors at 4,400 Institutions — from cew.georgetown.edu

Summary:

Did you know that in the first year after graduation you can make more money with an associate’s degree in nursing from Santa Rosa Junior College in California than with a graduate degree from some programs at Harvard University? Data from the College Scorecard reveal many more surprising details of post-college outcomes for students and families about that all-important first year after graduation. Buyer Beware: First-Year Earnings and Debt for 37,000 College Majors at 4,400 Institutions finds that first-year earnings for the same degree in the same major can vary by $80,000 at different colleges and universities. It also reveals that workers with less education can often make more than workers with more education, and that higher levels of education do not always result in higher student loan payments.

Speaking of Georgetown, also see:

In the U.S. alone, more than 39 million students leave college without a degree. Black, Latino, and Native American students are overrepresented in this population.

SCS’s program is designed to help students of all backgrounds complete their degrees and unlock their earning potential. The degree’s most recent on-campus cohort is composed of 62% students of color and 40% military-connected learners. SCS is introducing this fully online degree to scale this program to learners worldwide.

 

70% Aren’t Prepared For The Future Of Work: Demands For Upskilling Surge — from forbes.com by Tracy Brower, PhD; with thanks to Ray Schroeder out on LinkedIn for this resource

Excerpt:

Unprepared for the Future
Fully 70% of people don’t feel prepared for the future of work, according to a study of 3,000 people conducted by Amazon and Workplace Intelligence. In addition, research by Adobe involving almost 10,000 people across eight global markets found 80% of people are concerned by at least one global issue, upsetting them enough to impact negatively on their productivity and job satisfaction.

Big Implications
The implications for employers are significant as well, with 64%-66% of people saying they are likely to leave their employer because there aren’t enough opportunities for skills development or career advancement.

 

Can a Group of MIT Professors Turn a White Paper Into a New Kind of College? — from edsurge.com by Jeffrey R. Young

Excerpt:

A group of professors at Massachusetts Institute of Technology dropped a provocative white paper in September that proposed a new kind of college that would address some of the growing public skepticism of higher education. This week, they took the next step toward bringing their vision from idea to reality.

That next step was holding a virtual forum that brought together a who’s who of college innovation leaders, including presidents of experimental colleges, professors known for novel teaching practices and critical observers of the higher education space.

The MIT professors who authored the white paper tried to make clear that even though they’re from an elite university, they do not have all the answers. Their white paper takes pains to describe itself as a draft framework and to invite input from players across the education ecosystem so they can revise and improve the plan.

IDEAS FOR DESIGNING An Affordable New Educational Institution

IDEAS FOR DESIGNING An Affordable New Educational Institution

The goal of this document is simply to propose some principles and ideas that we hope will lay the groundwork for the future, for an education that will be both more affordable and more effective.

Promotions and titles will be much more closely tied to educational performance—quality, commitment, outcomes, and innovation—than to research outcomes. 

 

Accelerated Learning — Schools’ Answer for ‘Learning Loss’ — Hits Some Speed Bumps — from edsurge.com by Nadia Tamez-Robledo

The main finding? Accelerated learning simply requires more. More staff, more resources, more energy, more buy-in from teachers.

As district leaders talked about their day-to-day realities, they shared how those things were all tough to come by when everyone in the system was already stretched thin.

Not necessarily related to the above item, but I wanted to pass this one along to you as well:

QAA Report on Badging and Micro-Credentialing: How Education and Employment Can Benefit from Using Skills Profiles  — from gettingsmart.com by Rupert Ward

Key Points

  • Skills profiles make it easier for educators and employers to understand how skills gained in learning can be transferred to those required in earning.
  • This QAA Collaborative Enhancement Project Report demonstrates both how badges and microcredentials can be incorporated into a range of higher education courses and, through doing this, how we can ultimately personalise learning and earning.
 

National Apprenticeship Week [November 14-20, 2022] — from apprenticeship.gov

Excerpt:

What is National Apprenticeship Week?
NAW is a nationwide celebration where industry, labor, equity, workforce, education, and government leaders host events to showcase the successes and value of Registered Apprenticeship for re-building our economy, advancing racial and gender equity, and supporting underserved communities. NAW is an opportunity to highlight how Registered Apprenticeship, a proven and industry-driven training model, provides a critical talent pipeline that can help to address some of our nation’s pressing workforce challenges such as rebuilding our country’s infrastructure, addressing critical supply chain demands, supporting a clean energy workforce, modernizing our cybersecurity response, and responding to care economy issues.

Also relevant/see:

  • Understanding New Collar Apprenticeships — from workshift.opencampusmedia.org; requires you to complete a form to get the guide
    Apprenticeships aren’t what they used to be. Long a pathway into the trades, apprenticeships now are also preparing Americans for new-collar jobs in fields from healthcare to tech. And governments and companies are putting big money into modernizing, diversifying, and growing the system—hoping to change the face of apprenticeships. This guide takes a look at this evolving landscape.
 

To future-proof a workforce, kill the perpetual hiring machine and embrace lifelong learning — from fortune.com by Clay Dillow

Excerpt:

A looming economic slowdown, the Great Resignation, a relentlessly expanding skills gap, and employees that would simply rather work from home. This week at Fortune’s CEO Initiative forum, a panel of company executives discussed the litany of challenges they face in developing and maintaining their workforces over the next several years.

 

Recent Advancements In Artificial Intelligence — from forbes.com by Gaurav Tewari

Excerpts:

As the founder of a technology investment firm, I’ve seen firsthand just how much AI has advanced in such a short period of time. The underlying building blocks of the technology are getting astonishingly better at an exponential rate, far outpacing our expectations. Techniques like deep learning allow us to run complex AI models to solve the most difficult problems. But while those who work in technology-centric careers are aware of AI’s explosive capabilities, the public at large is still largely unaware of the depth of AI’s potential.

Enterprise functions such as marketing, sales, finance and HR are all areas that can utilize new AI-enabled applications; these applications include providing customers with 24/7 financial guidance, predicting and assessing loan risks and collecting and analyzing client data.

Also relevant/see:

What is the Future of Artificial Intelligence? — from thedigitalspeaker.com by Dr. Mark van Rijmenam

Excerpts:

Let’s explore some real-life artificial intelligence applications.

  1. Using Artificial Intelligence for Navigation
  2. Marketers Use Artificial Intelligence to Increase Their Efficiency
  3. The use of Artificial Intelligence in robotics
  4. Gaming and Artificial Intelligence
  5. Incorporating Artificial Intelligence into Lifestyles

Artificial intelligence (AI): 7 roles to prioritize now — from enterprisersproject.com by Marc Lewis; with thanks to Mr. Stephen Downes for this resource
Which artificial intelligence (AI) jobs are hottest now? Consider these seven AI/ML roles to prioritize in your organization

While these seven AI roles are critical, finding talent to fill them is difficult.  AI, machine learning, and data analytics are new fields, and few people have relevant experience.

This leads us back to the fact: We are dealing with a Great Reallocation of the labor force to an AI/Machine learning, data-driven world.

3 ways AI is scaling helpful technologies worldwide — from blog.google by Jeff Dean
Decades of research have led to today’s rapid progress in AI. Today, we’re announcing three new ways people are poised to benefit.

Excerpts:

  1. Supporting 1,000 languages with AI
  2. Empowering creators and artists with AI
  3. Addressing climate change and health challenges with AI
 

What’s Stopping You from Reinventing Your Career? — from hbr.org by Heather Cairns-Lee and Bill Fischer; with thanks to Mr. Roberto Ferraro for this resource

Summary (emphasis DSC):

In the authors’ work teaching and coaching thousands of managers, they have identified four traps – self-sufficiency, overthinking, procrastination and searching for the answer – that prevent leaders from taking the first steps necessary for considering and exploring possible new versions of themselves for the future. The authors have found ways to help leaders recognize which traps they are falling into and start imagining a way out — largely inspired by design thinking principles such as rapid prototyping, making ideas visual, and getting quick feedback.

 

It’s time to redesign organized learning — from chieflearningofficer.com by Eric Albertini

Excerpt:

Organizations will need to think about three layers of learning content and access methods:

  • Thoughtfully curated by the organization for business fit.
  • Semi-curated with the learner having some control of what they learn.
  • Open for all, where the learner makes all the choices of what and how they learn.

Employee-centric learning approach. There must be a match of learning to organizational objectives as well. Non-curated, open content on platforms is great for focused and deeply aware employees but may not work for everyone, especially in cultures where self-direction is not very strong. Moreover, too much open, non-curated content, driven by non-contextual algorithms, is as detrimental to choice-making for the learner as is too little quality content.

To enable effective learning, technology must be part of a more systemic learning eco-system that includes things such as rewards (the “what’s in it for me”), building blocks from one intervention to the next and post-learning support.  

Also from chieflearningofficer.com, see:

 

Coursera is Evolving into a Third-Wave EdTech Company — from eliterate.us by Michael Feldstein

Excerpts:

This is the vision of Coursera’s three-sided platform at scale, connecting learners, educators and institutions in a global learning ecosystem designed to keep pace with our rapidly changing world.

Coursera CEO Jeff Maggioncalda

Coursera's diversified model with 3 segments -- consumer, enterprise, and degrees

The point of this slide is to show the diversification of Coursera’s business. Degree programs may be down, but enterprise licenses and direct-to-consumer certificates are up. But it also indicates Coursera’s ability to diversify revenue streams for its university content providers. The enterprise business provides a distribution channel between universities and employers. From what I can tell, it’s a Guild competitor, even though the two companies look very different on the surface. The consumer segment started as the MOOC business and has expanded into the “tweener” space between courses and degrees: certificates, microdegrees, whatever.

 

11 The Lord detests dishonest scales,
    but accurate weights find favor with him.

From DSC:
I thought about this verse the other day as I opened up a brand-new box of cereal. The box made it look like I was getting a lot of cereal — making it look like a decent value for the price. But when I opened it up, it was about half full (I realize some of this occurs by pushing out the box as the contents settle, but come on!). In fairness, I realize that the amount of the cereal is written on the box, but the manufacture likely kept the size of the box the same but decreased the amount that they put within it. They kept the price the same, but changed the quantity sold.

This shrinkification of items seems to be happening more these days — as companies don’t want to change their prices, so they’ll change the amounts of their products that you get.

  • It just strikes me as yet another deception.
  • We BS each other too much.
  • We rip each other off too much.
  • We bury stuff in the fine print.
  • Our advertising is not always truthful — words are easy to say, and much harder to back up.
  • We treat people as though they just exist to make money off of. It’s like Philip Morris did to people for years, and it still occurs today with other companies.
  • In today’s perspective, people are to be competed against but not to be in relationships with. 

I hope that we can all build and offer solid products and services — while putting some serious quality into those things. Let’s make those things and offer those services as if we were making them for ourselves and/or our families. Let’s use “accurate weights.” And while we’re trying to do the right things, let’s aim to be in caring relationships with others.

 

Get Ready to Relearn How to Use the Internet — from bloomberg.com by Tyle Cowen; with thanks to Sam DeBrule for this resource
Everyone knows that an AI revolution is coming, but no one seems to realize how profoundly it will change their day-to-day life.

Excerpts:

This year has brought a lot of innovation in artificial intelligence, which I have tried to keep up with, but too many people still do not appreciate the import of what is to come. I commonly hear comments such as, “Those are cool images, graphic designers will work with that,” or, “GPT-3 is cool, it will be easier to cheat on term papers.” And then they end by saying: “But it won’t change my life.”

This view is likely to be proven wrong — and soon, as AI is about to revolutionize our entire information architecture. You will have to learn how to use the internet all over again.

Change is coming. Consider Twitter, which I use each morning to gather information about the world. Less than two years from now, maybe I will speak into my computer, outline my topics of interest, and somebody’s version of AI will spit back to me a kind of Twitter remix, in a readable format and tailored to my needs.

The AI also will be not only responsive but active. Maybe it will tell me, “Today you really do need to read about Russia and changes in the UK government.” Or I might say, “More serendipity today, please,” and that wish would be granted.

Of course all this is just one man’s opinion. If you disagree, in a few years you will be able to ask the new AI engines what they think.

Some other recent items from Sam DeBrule include:

Natural Language Assessment: A New Framework to Promote Education — from ai.googleblog.com by Kedem Snir and Gal Elidan

Excerpt:

In this blog, we introduce an important natural language understanding (NLU) capability called Natural Language Assessment (NLA), and discuss how it can be helpful in the context of education. While typical NLU tasks focus on the user’s intent, NLA allows for the assessment of an answer from multiple perspectives. In situations where a user wants to know how good their answer is, NLA can offer an analysis of how close the answer is to what is expected. In situations where there may not be a “correct” answer, NLA can offer subtle insights that include topicality, relevance, verbosity, and beyond. We formulate the scope of NLA, present a practical model for carrying out topicality NLA, and showcase how NLA has been used to help job seekers practice answering interview questions with Google’s new interview prep tool, Interview Warmup.

How AI could help translate extreme weather alerts — from axios.com by Ayurella Horn-Muller

Excerpt:

A startup that provides AI-powered translation is working with the National Weather Service to improve language translations of extreme weather alerts across the U.S.

Using GPT-3 to augment human intelligence — from escapingflatland.substack.com by Henrik Karlsson

Excerpt:

When I’ve been doing this with GPT-3, a 175 billion parameter language model, it has been uncanny how much it reminds me of blogging. When I’m writing this, from March through August 2022, large language models are not yet as good at responding to my prompts as the readers of my blog. But their capacity is improving fast and the prices are dropping.

Soon everyone can have an alien intelligence in their inbox.

 

More than half of L&D pros foresee demise of in-person corporate learning, survey finds — from hrdive.com by Ryan Golden

Dive Brief:

  • Learning and development leaders increasingly see online and hybrid learning models as a permanent fixture in the talent space rather than a temporary trend, according to a survey of 515 L&D leaders at North American and European corporations by NovoEd.
  • Per the company’s survey, 83% of respondents said that hybrid work would force organizations to rethink and redesign corporate L&D offerings. Additionally, more than half said that they agreed with the sentiment that the growth of remote learning would “lead to the demise” of brick and mortar corporate learning.
  • As their organizations increase investment in the space, most L&D leaders said they would evaluate their programs by emphasizing metrics such as improvement in job performance; improvement in knowledge and competency; and application and implementation of learning.
 
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