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The NFT art market has a ‘mind-blowing’ fraud problem + two Metaverse-related items

On 01/19/2022, in 21st century, 24x7x365 access, 3D, A/V -- audio/visual, art, business, change, changing business models, copyright/ownership/NFTs, creativity, ideas, immersion, innovation, marketing/social marketing, Metaverse, by Daniel Christian

5 brands already boldly embracing the metaverse — from thedrum.com by Dani Gibson
As part of The Drum’s Metaverse Deep Dive, we round up some of the best examples of brands causing a stir within the virtual online world by creating out of this world experiences.

Marketing in the metaverse — from thedrum.com

Marketing in the metaverse -- The Drum immerses itself in future of the internet

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How should law schools address emerging technologies? [Christian]

On 01/18/2022, in 21st century, algorithms, Blockchain, business, change, changing business models, cloud-based computing / apps / other cloud-related, Daniel S. Christian, emerging technologies, internet, law schools, legislatures / government / legal, platforms, policy, political science, by Daniel Christian

From DSC:
I post the following item because I’ve often wondered how law schools should best handle/address the area of emerging technologies. It’s not just newly-minted lawyers that need to be aware of these technologies’ potential pros and cons — and the developing laws around them. It’s also judges, legislators, politicians, C-Suites, and others who need to keep a pulse check on these things.

Hermès Sues NFT Creator Over ‘MetaBirkin’ Sales — from by Robert Williams
The French leather goods giant alleges trademark infringement and dilutive use of its iconic Birkin name.

Excerpt (emphasis DSC):

The complaint, which was first reported on The Fashion Law, raises questions about how trademark protections for real-world items will be enforced in the digital realm as commercial activity heats up in the metaverse. Brands including Balenciaga and Nike are experimenting with virtual fashion. Non-fungible tokens, or NFTs (unique digital assets authenticated using blockchain technology), depicting fashion items have sold for millions in recent months.

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What?!? Is this the kind of world that we want to create for our kids?! [Christian]

On 01/17/2022, in 21st century, 24x7x365 access, Artificial Intelligence / Machine Learning / Deep Learning, Asia, change, Daniel S. Christian, data mining, emerging technologies, legal reform, legislatures / government / legal, platforms, policy, political science, privacy, society, the downsides of technology, tools, United States, by Daniel Christian

Feds’ spending on facial recognition tech expands, despite privacy concerns — from by Tonya Riley

Excerpt:

The FBI on Dec. 30 signed a deal with Clearview AI for an $18,000 subscription license to the company’s facial recognition technology. While the value of the contract might seem just a drop in the bucket for the agency’s nearly $10 billion budget, the contract was significant in that it cemented the agency’s relationship with the controversial firm. The FBI previously acknowledged using Clearview AI to the Government Accountability Office but did not specify if it had a contract with the company.

From DSC:
What?!? Isn’t this yet another foot in the door for Clearview AI and the like? Is this the kind of world that we want to create for our kids?! Will our kids have any privacy whatsoever? I feel so powerless to effect change here. This technology, like other techs, will have a life of its own. Don’t think it will stop at finding criminals. 

AI being used in the hit series called Person of Interest

This is a snapshot from the series entitled, “Person of Interest.“
Will this show prove to be right on the mark?

Addendum on 1/18/22:
As an example, check out this article:

Tencent is set to ramp up facial recognition on Chinese children who log into its gaming platform. The increased surveillance comes as the tech giant caps how long kids spend gaming on its platform. In August 2021, China imposed strict limits on how much time children could spend gaming online.

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Thomson Reuters’ Report May Signal Sea Change In Legal Profession [Embry]

On 01/17/2022, in 21st century, 24x7x365 access, change, changing business models, future, future of legal industry, game-changing environment, ideas, innovation, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, new business models, by Daniel Christian

Thomson Reuters’ Report May Signal Sea Change In Legal Profession — from techlawcrossroads.com by Stephen Embry

Excerpt:

In a nutshell, the Report demonstrates that to thrive post-pandemic and even survive, lawyers will need to better adopt technology, use better workflows, and make sure work is done by right mix and training, and experience. Otherwise, the work that is piling up during the great talent shortage just won’t get done.
…
More tech, better work process, more remote work, becoming nimble. Bottom line, successful law firms, and lawyers can’t afford business as usual post-pandemic.

Also see:

Thomson Reuters’ Report May Signal Sea Change In Legal Profession

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Inside Higher Ed Acquired by Times Higher Education [Jaschik & Lederman]

On 01/17/2022, in Africa, Asia, Australia, business side of he, Canada, change, changing business models, colleges, community colleges, Europe, global / globalization, higher education, India, IT in HE, journalism, law schools, learning ecosystem, liberal arts, lifelong learning, UK, United States, universities, by Daniel Christian

Inside Higher Ed Acquired by Times Higher Education — from insidehighered.com by Scott Jaschik and Doug Lederman
Our editors Scott Jaschik and Doug Lederman explain how this combination of publishing companies will improve global coverage of postsecondary education and better serve the higher ed community.

Excerpt:

As journalists, we often say that we want to report the news, not be the news. We are making an exception [on 1/10/22] to announce that Inside Higher Ed has been acquired by Times Higher Education (THE), the world’s leading provider of higher education news, data and insights.

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School in the metaverse: How tech and the pandemic are changing online education [Pierce]

On 01/13/2022, in 21st century, 24x7x365 access, adult learning, change, corporate universities / corporate training, education technology, immersion, innovation, learning, learning ecosystem, Learning from the Living [Class] Room, lifelong learning, Metaverse, online learning, personalized/customized learning, technology (general), tools, training / L&D, United States, vendors, Virtual Reality (VR) / worlds / learning, Web3, XR - extended reality, by Daniel Christian

School in the metaverse: How tech and the pandemic are changing online education — from protocol.com by David Pierce
Coursera’s CEO and chief content officer see a future of learning that’s more on-demand, more personalized and more immersive.

Excerpts:

Maggioncalda and Coursera Chief Content Officer Betty Vandenbosch joined the Source Code podcast to talk about the chaotic state of online education, what’s next for corporate training, how softer skills are becoming part of the work curriculum, how learning might work in the metaverse and much more.

“We know, broadly, that learning will become more available, it’ll be more online, and there’ll be a lot more people learning for a lot more of their lives,” said Coursera CEO Jeff Maggioncalda.

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Elevate Becomes 1st Law Company to Receive ‘ABS License’ in US [artificiallawyer.com]

On 01/13/2022, in 21st century, 24x7x365 access, change, changing business models, cryptocurrencies, experimentation, ideas, innovation, law schools, Legal operations, legal reform, legislatures / government / legal, programming, United States, vendors, by Daniel Christian

Elevate Becomes 1st Law Company to Receive ‘ABS License’ in US — from artificiallawyer.com

Excerpt (emphasis DSC):

And here’s some late breaking news, which also is about law company, Elevate. The Arizona Supreme Court has granted law company Elevate an ‘Alternative Business Structure (ABS) license’, making Elevate and its affiliated law firm, ElevateNext, a single entity.

This makes Elevate the first non-lawyer-owned law company, LPO, or ALSP in the United States with an integrated law firm. The ABS-licensed firm uniquely positions Elevate to address customer needs that require some aspect of legal practice along with technology, consulting, or services for ‘run the company’ business operations.

Also see:

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eLearning Trends for 2022: What Should You Pick & Why? [Bhogaraju]

On 01/13/2022, in Adobe, adult learning, change, corporate universities / corporate training, digital learning, elearning, India, learning, learning ecosystem, Learning Experience Design, training / L&D, trends, United States, vendors, by Daniel Christian

eLearning Trends for 2022: What Should You Pick & Why? — from blog.commlabindia.com by Nikhil Bhogaraju

Excerpt:

When it comes to tools, the modern training manager is no longer a newbie, opting for products that are simple to use and fulfill IT requirements.

Training managers need to be hands-on with authoring tools. LXPs (Learning Experience Platforms), and other tools that save time.

Popular eLearning authoring tools for rapid development:

  • Articulate Storyline
  • Adobe Captivate
  • iSpring
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14 Predictions for Higher Education in 2022 [Schaffhauser]

On 01/10/2022, in 21st century, 24x7x365 access, adult learning, Alternatives, Artificial Intelligence / Machine Learning / Deep Learning, Augmented Reality (AR), blended learning, Blockchain, business side of he, change, changing business models, cloud-based computing / apps / other cloud-related, colleges, community colleges, content aggregration, content development, content repositories, copyright/ownership/NFTs, corporate / business world, corporate universities / corporate training, cost of getting a degree, dangers of the status quo, Daniel S. Christian, digital learning, digital storytelling, digital video, disruption, distance education, education, education reform, education technology, elearning, emerging technologies, engagement / engaging students, experimentation, faculty, future of higher education, game-changing environment, higher education, ideas, immersion, innovation, instructional design, intelligent systems, intelligent tutoring, IT in HE, law schools, leadership, learning, learning agents, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, learning preferences, learning spaces, more choice more control, New "Amazon.com" of Higher Education, new business models, online learning, pace of change, personalized/customized learning, platforms, reinvent, social learning / networks, society, staying relevant, streams of content, surviving, teaching & learning, teaching online, tools, training / L&D, trends, United States, universities, vendors, Virtual Reality (VR) / worlds / learning, vision/possibilities, workplace, XR - extended reality, by Daniel Christian

14 Predictions for Higher Education in 2022

14 Predictions for Higher Education in 2022 — from campustechnology.com by Dian Schaffhauser

Excerpt:

Ask people working in higher education what they expect will happen in the new year, and the outlook is filled with visions that build on what we’ve been experiencing on college and university campuses for the last two years: a major focus on learning formats; continued exploitation of new technology; and the use of new digital models that move users “beyond Zoom.” Here we present the collective predictions of 14 IT leaders, instructional folks and a student about what they anticipate seeing in 2022. As one put it, “Let’s go, 2022! We have work to do!”

From DSC:
I’d like to thank Dian Schaffhauser, Rhea Kelly, and Mary Grush for letting me contribute some thoughts to the various conversations that Campus Technology Magazine hosts and/or initiates. I inserted some reflections into the above article and I hope that you’ll take a moment to read my and others’ thoughts out there.

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2022: Year Of The Great Convergence [Craig]

On 01/07/2022, in career development, change, changing business models, cloud-based computing / apps / other cloud-related, colleges, communities of practice, community colleges, corporate / business world, corporate universities / corporate training, cost of getting a degree, future, future of higher education, higher education, ideas, learning, learning ecosystem, Learning from the Living [Class] Room, learning preferences, MOOCs -- Massive Open Online Courses, more choice more control, online learning, platforms, trends, United States, vendors, vocational / trades, workplace, by Daniel Christian

2022: Year Of The Great Convergence — Volume IV, #1 by Ryan Craig

Excerpts:

Three sets of would-be pathway providers are converging on this massive opportunity. It’s going to get crowded very fast. Here’s the current landscape and prospects for each at the outset of the Great Convergence:

  1. Education-as-a-Benefit Providers
  2. Education Platform Companies
  3. Learning Experience Platforms

While one of these three sectors is likely to win the Great Convergence, there are two other possible outcomes.

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Some potential future scenarios, predictions, trends, and forecasts for the year 2022

On 01/04/2022, in 21st century, 3D, Blockchain, business, career development, change, changing business models, cryptocurrencies, education, education technology, future, future of higher education, game-changing environment, higher education, ideas, immersion, innovation, internet, law schools, legislatures / government / legal, Metaverse, MOOCs -- Massive Open Online Courses, play, society, technology (general), trends, United States, vendors, vision/possibilities, Web3, workplace, XR - extended reality, by Daniel Christian

From DSC:
Below are some items that offer potential future scenarios, predictions, trends, forecasts. and upcoming lawsuits for 2022. These resources provide some interesting fodder for reflection.

10 Forecasts For The Near Future Of Tech & Life As We Know It — from digest.scottbelsky.com by Scott Belsky

The next generation of top talent will have “Polygamous Careers,” transforming the corporate world as we know it. The traditional job market, tax forms, college, and healthcare are all geared for an old world that fails to engage our modern brains…
…
The rise of immersive experiences will mainstream 3D creation. All this metaverse hype will fall completely flat unless such experiences are filled with rich, engaging, 3D, interactive, and personalized content. 3D content creation will become 100x more accessible.

Here’s our cheat sheet for 2022’s tech lawsuits — from protocol.com by Ben Brody
Your guide to a bunch of the Google antitrust cases, where the FTC is with Facebook, what could happen next with Sec. 230 and more.

How fifth graders see the world in 20 years — from hechingerreport.org by Lillian Mongeau, Christina Samuels, Kathryn Palmer, and Chelsea Sheasley
Flying cars, houses on Mars — and hopefully no more Covid or racism

7 higher education trends to watch in 2022 — from highereddive.com by Jeremy Bauer-Wolf
Politics bleeding into college operations, new regulatory action, continued expansion of online ed and more are stories we’ll be following in 2022.

Can ed tech providers build on their momentum?
The last two years have been a massive boon to MOOC platforms. The number of people registered on Coursera, one of the most well-known MOOC providers, swelled to around 92 million in September, up from 77 million in 2020 and 46 million the prior year. Likewise, demand for competitor Udemy surged during the pandemic.

6 Essential educational trends to look out for in 2022 — from blog.neolms.com by Andreea Mihaly

5 gaming trends to watch in 2022 — from protocol.com

What comes next for enterprise tech in 2022 — from protocol.com

After a period of great disruption and rapid modernization, 2022 will be a year during which enterprise companies take a breath and a closer look at the software and cloud services they snapped up like holiday season COVID-19 tests over the last two years. The products and trends that survive that scrutiny will set the priorities for the rest of the decade.

The tech IPOs to watch in 2022 — from protocol.com by Biz Carson and Michelle Ma
Some have filed. Some have hired the right people. And some are just on investors’ wishlists.

The bigger-picture view of the industry is that gaming is on the precipice of major shake-ups to its core business and distribution models, as well as shifts many years in the making around game monetization and developer work culture.

Bitcoin could reach $100,000—and other predictions for 2022 — from fortune.com by Joanna Ossinger

“The race is on to be the app store for crypto,” said Philip Gradwell, chief economist at Chainalysis, in an email. “A major lesson of Web 2.0 was that consumers love platforms, and I don’t think that is going to change for Web 3.0. Currently there is no crypto platform that owns the customer relationship and aggregates suppliers. I predict that in 2022, many companies will race to build this platform…”

AWS will buy a SaaS company, and other 2022 enterprise predictions — from techcrunch.com by Ron Miller

______________

Addendum on 1/7/22:

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Repurposed real estate emerges as unconventional source of savings, revenue for colleges and universities [highereddive.com]

On 12/27/2021, in business side of he, change, changing business models, colleges, community colleges, higher education, law schools, learning spaces, United States, universities, by Daniel Christian

Repurposed real estate emerges as unconventional source of savings, revenue for colleges and universities — from highereddive.com

Excerpt:

As market conditions evolve, higher ed leaders are striving to build a profitable future amidst chronic funding obstacles. Between roadblocks like disruptive online competition, evolving demographics, crippling student debt and dwindling enrollment, traditional operating models cannot produce enough gains to satisfy market demands, argues KPMG.

It’s one reason why many institutions are exploring inventive ways to free up and generate funds without hampering student and staff experiences. As higher ed leaders look to diversify funding sources, repurposed real estate is emerging as a significant bottom-line booster.

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Several items re: NFTs and the pros and cons of using them in our society today. How can the legal realm assist here?

On 12/27/2021, in 21st century, 24x7x365 access, Blockchain, business, career development, change, changing business models, computer science, content aggregration, content development, content repositories, copyright/ownership/NFTs, corporate / business world, creativity, Daniel S. Christian, emerging technologies, entrepreneurship, freelancing, game-changing environment, innovation, Learning from the Living [Class] Room, Metaverse, more choice more control, New "Amazon.com" of Higher Education, online learning, pace of change, platforms, play, society, the downsides of technology, trends, vendors, vision/possibilities, by Daniel Christian

From DSC:
As with many emerging technologies, there appear to be some significant pros and cons re: the use of NFTs (Non-Fungible Tokens). 

The question I wonder about is: How can the legal realm help address the massive impacts of the exponential pace of technological change in our society these days? For examples:

Technicians, network engineers, data center specialists, computer scientists, and others also need to be asking themselves how they can help out in these areas as well.

Emphasis below is mine.

NFTs Are Hot. So Is Their Effect on the Earth’s Climate — from wired.com by Gregory Barber
The sale of a piece of crypto art consumed as much energy as the studio uses in two years. Now the artist is campaigning to reduce the medium’s carbon emissions.

Excerpt:

The works were placed for auction on a website called Nifty Gateway, where they sold out in 10 seconds for thousands of dollars. The sale also consumed 8.7 megawatt-hours of energy, as he later learned from a website called Cryptoart.WTF.

NFTs And Their Role In The “Metaverse” — from 101blockchains.com by Georgia Weston

Many people would perceive NFTs as mere images of digital artworks or collectibles which they can sell for massive prices. However, the frenzy surrounding digital art in present times has pointed out many new possibilities with NFTs. For example, the NFT metaverse connection undoubtedly presents a promising use case for NFTs. The road for the future of NFTs brings many new opportunities for investors, enterprises, and hobbyists, which can shape up NFT usage and adoption in the long term. 

NFTs or non-fungible tokens are a new class of digital assets, which are unique, indivisible, and immutable. They help in representing the ownership of digital and physical assets on the blockchain. Starting from digital artwork to the gaming industry, NFTs are making a huge impact everywhere.

The decentralized nature of the blockchain offers the prospects for unlimited business opportunities and social interaction. Metaverse offers extremely versatile, scalable, and interoperable digital environments. Most important of all, the metaverse blends innovative technologies with models of interaction between participants from individual and enterprise perspectives. 

From DSC:
How might the developments occurring with NFTs and the Metaverse impact a next-gen learning platform?

—–

Artist shuts down because people keep their work to make NFTs — from futurism.com by Victor Tangermann
NFT theft is a huge problem

Someone is selling NFTs of Olive Garden locations that they do not own — from futurism.com by
And you can mint a breadstick NFT — for free, of course

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Some items re: Web3 and the Metaverse

On 12/21/2021, in algorithms, Blockchain, business, business side of he, career development, change, changing business models, collaboration, communications, copyright/ownership/NFTs, corporate / business world, creativity, cryptocurrencies, disruption, economics, future, game-changing environment, generational differences, ideas, innovation, interaction design, interactivity, internet, IT in HE, Metaverse, new business models, platforms, play, vendors, Virtual Reality (VR) / worlds / learning, vision/possibilities, Web3, workplace, XR - extended reality, by Daniel Christian

Web 3.0 vs Metaverse: What’s the difference? — from homo-digitalis.net by Fabian Schmidt

Excerpt:

So what is Web 3.0?

On Twitter, a user asked if someone could explain the term in baby talk. I thought one answer was good:

    • Web 1.0 = Read
    • Web 2.0 = Read/Write
    • Web 3.0 = Read/Write/Own

This is a sufficient simplification to gain an initial understanding. Yet a bit more information is still important.

Let’s get one thing straight right away. As with all things in the making, there is not yet a clear-cut definition of Web 3.0. Tim Berners-Lee, the inventor of the classic web, thinks of the semantic web as the next big step.
…
Since 2020/2021, there is another idea of Web3, and it is inspired by a new form of technology: Blockchains. At its core is a new wave of decentralization.

Besides decentralization, other key topics related to Web 3.0 include Decentralized Autonomous Organizations (DAO), Non-fungible-tokens (NFT), and Decentralized Finance (DeFi).

The metaverse is a digital world that is meant to feel as real as possible and can represent all concerns of human existence. From leisure to work.

Fabian Schmidt, Homo Digitalis, 2021

Bill Gates: Most Work Meetings Will Happen In The Metaverse In 3 Years — from vrscout.com by Kyle Melnick

Excerpt:

“Within the next two or three years, I predict most virtual meetings will move from 2D camera image grids—which I call the Hollywood Squares model, although I know that probably dates me—to the metaverse, a 3D space with digital avatars,” said Gates in the post. “Both Facebook and Microsoft recently unveiled their visions for this, which gave most people their first view of what it will look like”.

Adidas to enter the metaverse with first NFT products — from dezeen.com by Rima Sabina Aouf

Excerpt:

Adidas has announced its next collection will be a mix of digital and physical items, and will be sold as NFTs produced with collaborators such as Bored Ape Yacht Club.

Titled Into the Metaverse, the collection will comprise virtual wearables that buyers can use in online platforms, but also the physical clothing to match.

It is Adidas’ first collection of NFTs, or non-fungible tokens – essentially, digital collectibles with proven authenticity. NFTs act as a blockchain-based certificate of ownership, allowing pieces to be authenticated, bought and collected.

How Coinbase thinks about the Metaverse — from blog.coinbase.com by Brian Armstrong & Alex Reeve

Excerpt:

Primitive Metaverse platforms are selling virtual land for millions of dollars. Billions more are being invested in Metaverse startups. And Mark Zuckerberg recently renamed his entire company to reflect a focus on building the Metaverse.
…
Recently, our team put together an internal presentation about the Metaverse, who’s working on it, and how crypto will help make it real. I thought the presentation was well done, so I’m sharing most of the slides here.
…
Like Matt[hew Ball], we define the Metaverse as:

The future of the internet: A massively-scaled, persistent, interactive, and interoperable real-time platform comprised of interconnected virtual worlds where people can socialize, work, transact, play, and create.
…
The Metaverse is the distant evolution of Web3. In its most complete form, it will be a series of decentralized, interconnected virtual worlds with a fully functioning economy where people can do just about anything they can do in the physical world.

Who is building the Metaverse today?

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3 major trends affecting ed tech companies [Schwartz]

On 12/21/2021, in 21st century, 24x7x365 access, adult learning, Alternatives, business side of he, change, changing business models, collaboration, colleges, community colleges, competency-based learning/education, disruption, education technology, future of higher education, game-changing environment, learning ecosystem, Learning from the Living [Class] Room, learning preferences, MOOCs -- Massive Open Online Courses, New "Amazon.com" of Higher Education, online learning, skills, trends, universities, vendors, by Daniel Christian

3 major trends affecting ed tech companies — from highereddive.com by Natalie Schwartz
We reviewed what executives said during their latest earnings calls to better understand patterns in the growing sector.

Excerpts:

Earlier on the call, he said Coursera’s entry-level certificates — which are developed by the likes of Facebook, Google, IBM, Intuit and Salesforce — attracted more than 2 million student enrollments since 2018.

“New entrants to the sector, such as corporations and online education companies, will offer genuine competition to traditional colleges, especially as pricing becomes more of a focus,” analysts wrote in the report. 

Several ed tech companies are seeing returns from efforts to work with companies to train their employees.

Officials at Udemy, a major MOOC platform that went public in October, said during a call with analysts in early December that their work with companies now accounts for 39% of their revenue – up from 23% a year ago.

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