changing business models

Has Technology Made State Regional Universities Obsolete? — from campustechnology.com by Richard Rose
While SRUs do some things well, the current model is not sustainable, with students taking on enormous debt and receiving relatively little income benefit in return. Here’s how technology can help change the equation.

Excerpts (emphasis DSC):

What if the State Board of Higher Education assembled a team to create one exceptionally fine Official Texas Version of the sophomore Western Civilization course? The team would include brilliant subject-matter experts, the best graphic artists, senior instructional designers, professional film editors and sharp-eyed text editors, who could produce a 48-clock-hour video course of previously unimaginable quality.
…
When technology is fully embraced because the need for a better and cheaper product finally trumps the political protection of the status quo, the state regional university will be replaced as part of new state university systems in which local institutions will play a very different role. These new local institutions could be called Learning Satellite Centers (LSCs).
…
Much content will take the form of high-budget, high-quality multimedia productions with delivery available to all popular devices, from desktop computers to cell phones. Access to learning materials, from course movies and podcasts to reading materials, will be through an expanded electronic distribution system that will eliminate the need for paper-based academic libraries.
…
The goal of the University Center plus Learning Satellite Center model is to transfer agency back into the hands of the students, where it belongs. No longer will a self-appointed privileged group of professional academics with their arcane degrees and funny ceremonial robes be dictating to the rest of society what we all need to learn and how we need to learn it. Technology will be the great leveler and the marketplace will help individual students decide what choices are best.

Of course, a brief sketch like this one will raise many questions that cannot be explored in a single article, but the conversation must begin. The current State Regional University is not sustainable and can only be propped up by politics and sentiment for so long. Too many students are piling up huge debt to earn dubious degrees that don’t lead to marketable skills or significant economic benefits. Technology has made more effective models of higher education attainable and at a lower price. We need to fearlessly explore such models before our charming old regional campuses drift into irrelevance.

From DSC:
While the article has a bit of a bite to it (which I suppose readers of this blog would say they might see in my writings/comments as well from time to time), THIS is the kind of innovative, creative thinking that will get us somewhere. I really appreciate Richard’s article and the deep thought he was put into this topic.

In fact, as readers of this blog will know, I have long been a supporter of a TEAM-BASED approach. And listed below are some graphics that prove it — as well as this article I wrote for evolllution.com (where the “lll” stands for lifelong learning) back from 2016.

This page* lists those graphics plus the list of team members that I thought of in December 2008:

Subject Matter Experts
Instructional Designers
Project Managers
Recruiters
Legal Counsel
Researchers / Mind Experts
Digital Audio Specialists
Digital Video Specialists
Streaming Media Experts
Mobile Learning Consultants
Writers and Editors
Programmers and Database Specialists
Web Design and Production Specialists
Interactivity Designers
Multimedia Specialists including Multi-Touch Experts/Programmers
3D / 2D Graphic Designers and/or Animators
MindMappers / Visual Learning Experts
Personalized Learning Consultants
Security Experts
The students themselves
Other

*BTW, I renamed this idea from the Forthcoming Walmart of Education
to the Forthcoming Amazon.com of Higher Education

.

While I’m at it…below are a couple of ideas that I documented back in 2009 that Richard might like…

.

As of today…I would simplify that last graphic to
include a subscription model to streams of content.

Ok…one more graphic from 5/21/09 that describes what I thought would happen if institutions of traditional higher education maintained the status quo through the years. I feel pretty good about how these predictions turned out, but I wish that we would have made even more progress along these lines than we have (since the time I created this graphic).

5 new legal professions under the impact of legal tech [Pivovarov]

On 05/11/2019, in 21st century, business, career development, change, changing business models, Law Schools, legal technologies, legislatures / government / legal, workplace, by Daniel Christian

5 new legal professions under the impact of legal tech — from medium.com by Valentin Pivovarov

Excerpt:

Professionals who work in the field of jurisprudence should take into account the coming changes. It is necessary to realize the significance of the transition from an industrial society operating with printed texts to an information society operating with Internet-oriented resources. Legal innovations implementation will allow specialists to change their routines and make their work more effective. It is already important to retrain and look for new opportunities. And it doesn’t matter whether you work in a large law company or your own legal tech startup. The game is changing.

From DSC:
Here’s a ~4 minute piece from CBS News re: student loan debt.

Here are two excerpts from that video:

From DSC to potential college students:
You need to know that the ramifications of this type of debt can last for decades! Do everything you possibly can to either not borrow anything or to minimize these types of loan amounts.

This is another reason why the United States desperately needs a ***next generation learning platform*** — one that’s convenient, very inexpensive, and one that can also help people quickly reinvent themselves! One that is highly social, features human Subject Matter Experts (SME’s), and is backed up by #AI – based apps/features as well.

Along these lines…no longer are we running sprints (i.e., get a 4-year degree and you’re done). We’re now all running marathons (i.e., we’re now into lifelong learning in order to stay relevant and employed).

Also, the following item was announced today:

Cengage and McGraw-Hill to Merge, Providing Students with More Affordable Access to Superior Course Materials and Platforms — from businesswire.com
Excerpt:
NEW YORK & BOSTON–(BUSINESS WIRE)–McGraw-Hill and Cengage today announced that they have entered into a definitive agreement to combine in an all-stock merger on equal terms. The transaction, which has been unanimously approved by the Boards of Directors of both companies, will bring together two premier learning companies that will deliver significant benefits for students, educators, professionals and institutions worldwide.“The new company will offer a broad range of best-in-class content – delivered through digital platforms at an affordable price,” said Michael E. Hansen, CEO of Cengage. “Together, we will usher in an era in which all students can afford the quality learning materials needed to succeed – regardless of their socioeconomic status or the institution they attend. Additionally, the combined company will have robust financial strength to invest in next-generation products, technology and services that create superior experiences and value for millions of students.”

Also see:

From DSC:
Along these lines, I don’t think Cengage/McGraw-Hill will be the largest company on the Internet by 2030 as predicted by Thomas Frey (a prediction I think he’s right on with…by the way). They were on watch when the prices of learning-related materials soared through the years. As such, they’ve likely burned through a great deal of good will…but we’ll see. They might be able to persuade myself and others that they’re the platform of choice for the future. Time will tell I guess.

2019 Horizon Report Higher Education Edition

On 04/25/2019, in 21st century, A/V -- audio/visual, active learning, adjunct faculty, algorithms, analytics, Artificial Intelligence / Machine Learning / Deep Learning, blended learning, Blockchain, change, changing business models, colleges, community colleges, credentialing, curriculum, data mining, digital learning, distance education, education technology, educational games / serious games, emerging technologies, face-to-face, faculty, formal learning, future of higher education, higher education, hybrid learning, ideas, innovation, instructional design, intelligent systems, intelligent tutoring, internet, Law Schools, learning, Learning Agents, learning ecosystem, learning spaces, Mixed reality, Mobile learning, new business models, online learning, personalized/customized learning, student-related, teaching & learning, teaching online, Technologies for your home, technology (general), tools, trends, United States, user experience (UX), XR - extended reality, by Daniel Christian

The finalized 2019 Horizon Report Higher Education Edition (from library.educause.edu) was just released on 4/23/19.

Excerpt:

Key Trends Accelerating Technology Adoption in Higher Education:

Short-Term—Driving technology adoption in higher education for the next one to two years

Redesigning Learning Spaces
Blended Learning Designs

Mid-Term—Driving technology adoption in higher education for the next three to five years

Advancing Cultures of Innovation
Growing Focus on Measuring Learning

Long-Term—Driving technology adoption in higher education for five or more years

Rethinking How Institutions Work
Modularized and Disaggregated Degrees

Minerva’s Innovative Platform Makes Quality Higher Ed Personal and Affordable [Vander Ark]

On 04/22/2019, in 1:1 / 1:World, 21st century, 24x7x365 access, A/V -- audio/visual, active learning, adult learning, business side of he, career development, change, changing business models, cloud-based computing / apps / other cloud-related, collaboration, colleges, communications, communities of practice, community colleges, corporate universities / corporate training, cost of getting a degree, Daniel S. Christian, distance education, education technology, engagement / engaging students, future, future of higher education, game-changing environment, global / globalization, higher education, ideas, innovation, learning, learning ecosystem, learning from the living [class] room, learning hubs, learning spaces, Lifelong learning, MOOCs -- Massive Open Online Courses, more choice more control, online learning, online tutoring, platforms, second screen apps, society, student-related, teaching & learning, teaching online, Technologies for your home, television, tools, training / L&D, United States, universities, user experience (UX), Using teams, vendors, videoconferencing, vision, Walmart of Education --> New Amazon.com of Higher Education, webinars, by Daniel Christian

Minerva’s Innovative Platform Makes Quality Higher Ed Personal and Affordable — from linkedin.com by Tom Vander Ark

Excerpt:

The first external partner, the Hong Kong University of Science and Technology (HKUST), loved the course design and platform but told Nelson they couldn’t afford to teach 15 students at a time. The Minerva team realized that to be applicable at major universities, active learning needed to be scalable.

Starting this summer, a new version of Forum will be available for classes of up to 400 at a time. For students, it will still feel like a small seminar. They’ll see the professor, themselves, and a dozen other students. Forum will manage the movement of students from screen to screen. “Everybody thinks they are in the main room,” said Nelson.
…
Forum enables real-time polling and helps professors create and manage breakout groups.
…
Big Implications
With Forum, “For the first time you can deliver better than Ivy League education at absurdly low cost,” said Nelson.

Online courses and MOOCs just repackaged the same format and just offered it with less interaction. As new Forum partners will demonstrate, “It’s possible to deliver a year of undergraduate education that is vastly superior for under $5,000 per student,” added Nelson.

He’s excited to offer a turnkey university solution that, for partners like Oxford Teachers Academy, will allow new degree pathways for paraprofessionals that can work, learn, and earn a degree and certification.

Perhaps another piece of the puzzle is falling into place…

Reflections on “Five Principles for Thinking Like a Futurist” [Gorbis]

On 04/11/2019, in blogs / blogging, business side of he, change, changing business models, colleges, communities of practice, community colleges, corporate / business world, corporate universities / corporate training, credentialing, dangers of the status quo, Daniel S. Christian, emerging technologies, future, future of higher education, game-changing environment, higher education, ideas, learning, learning ecosystem, Lifelong learning, Microlearning, organizational change, pace of change, reinvent, RSS, society, sociology, staying relevant, streams of content, student-related, surviving, technology (general), tools, trends, universities, workplace, youth, by Daniel Christian

Five Principles for Thinking Like a Futurist — from er.educause.edu by Marina Gorbis

Excerpt:

In 2018 we celebrated the fifty-year anniversary of the founding of the Institute for the Future (IFTF). No other futures organization has survived for this long; we’ve actually survived our own forecasts! In these five decades we learned a lot, and we still believe—even more strongly than before—that systematic thinking about the future is absolutely essential for helping people make better choices today, whether you are an individual or a member of an educational institution or government organization. We view short-termism as the greatest threat not only to organizations but to society as a whole.

In my twenty years at the Institute, I’ve developed five core principles for futures thinking:

Forget about predictions.
Focus on signals.*
Look back to see forward.
Uncover patterns.*
Create a community.

* From DSC:
I have a follow up thought regarding those bullet points about signals and patterns. With today’s exponential pace of technological change, I have asserted for several years now that our students — and all of us really — need to be skilled in pulse-checking the relevant landscapes around us. That’s why I’m a big fan of regularly tapping into — and contributing towards — streams of content. Subscribing to RSS feeds, following organizations and/or individuals on Twitter, connecting with people on LinkedIn, etc. Doing so will help us identify trends, patterns, and the signals that Marina talks about in her article.

It reminds me of the following graphic from January 2017:

Is Thomas Frey right? “…by 2030 the largest company on the internet is going to be an education-based company that we haven’t heard of yet.”

On 03/20/2019, in 1:1 / 1:World, 21st century, 24x7x365 access, active learning, adjunct faculty, adult learning, algorithms, Amazon, analytics, Artificial Intelligence / Machine Learning / Deep Learning, blended learning, Blockchain, bots, business, business side of he, career development, change, changing business models, cloud-based computing / apps / other cloud-related, CMS/LMS, cognitive computing, collaboration, colleges, communications, communities of practice, community colleges, content development, content repositories, corporate / business world, corporate universities / corporate training, cost of getting a degree, credentialing, dangers of the status quo, Daniel S. Christian, digital learning, disruption, distance education, education, education reform, education technology, elearning, emerging technologies, future, future of higher education, game-changing environment, global / globalization, heutagogy, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), hybrid learning, ideas, innovation, intelligent systems, intelligent tutoring, internet, learner profiles, learning, Learning Agents, learning ecosystem, learning from the living [class] room, learning hubs, library / librarians, Lifelong learning, Microlearning, Mobile learning, MOOCs -- Massive Open Online Courses, more choice more control, Natural Language Processing (NLP), new business models, online learning, online media, pace of change, personalized/customized learning, platforms, professional development, reinvent, smart classrooms, Smart/Connected TV, social learning / networks, society, staying relevant, streams of content, student-related, surviving, Technologies for your home, telepresence, television, tools, training / L&D, transmedia, trends, United States, universities, user experience (UX), vision, Walmart of Education --> New Amazon.com of Higher Education, web-based collaboration, workplace, youth, by Daniel Christian

From a fairly recent e-newsletter from edsurge.com — though I don’t recall the exact date (emphasis DSC):

New England is home to some of the most famous universities in the world. But the region has also become ground zero for the demographic shifts that promise to disrupt higher education.

This week saw two developments that fit the narrative. On Monday, Southern Vermont College announced that it would shut its doors, becoming the latest small rural private college to do so. Later that same day, the University of Massachusetts said it would start a new online college aimed at a national audience, noting that it expects campus enrollments to erode as the number of traditional college-age students declines in the coming years.

“Make no mistake—this is an existential threat to entire sectors of higher education,” said UMass president Marty Meehan in announcing the online effort.

The approach seems to parallel the U.S. retail sector, where, as a New York Times piece outlines this week, stores like Target and WalMart have thrived by building online strategies aimed at competing with Amazon, while stores like Gap and Payless, which did little to move online, are closing stores. Of course, college is not like any other product or service, and plenty of campuses are touting the richness of the experience that students get by actually coming to a campus. And it’s not clear how many colleges can grow online to a scale that makes their investments pay off.

“It’s predicted that over the next several years, four to five major national players with strong regional footholds will be established. We intend to be one of them.”

University of Massachusetts President Marty Meehan

From DSC:
That last quote from UMass President Marty Meehan made me reflect upon the idea of having one or more enormous entities that will provide “higher education” in the future. I wonder if things will turn out to be that we’ll have more lifelong learning providers and platforms in the future — with the idea of a 60-year curriculum being an interesting idea that may come into fruition.

Long have I predicted that such an enormous entity would come to pass. Back in 2008, I named it the Forthcoming Walmart of Education. But then as the years went by, I got bumbed out on some things that Walmart was doing, and re-branded it the Forthcoming Amazon.com of Higher Education. We’ll see how long that updated title lasts — but you get the point. In fact, the point aligns very nicely with what futurist Thomas Frey has been predicting for years as well:

“I’ve been predicting that by 2030 the largest company on the internet is going to be an education-based company that we haven’t heard of yet,” Frey, the senior futurist at the DaVinci Institute think tank, tells Business Insider. (source)

I realize that education doesn’t always scale well…but I’m thinking that how people learn in the future may be different than how we did things in the past…communities of practice comes to mind…as does new forms of credentialing…as does cloud-based learner profiles…as does the need for highly efficient, cost-effective, and constant opportunities/means to reinvent oneself.

Also see:

Fearing ‘existential threat,’ U of Massachusetts unveils plans for national online platform — from educationdive.com by Natalie Schwartz

Addendum:

74% of consumers go to Amazon when they’re ready to buy something. That should be keeping retailers up at night. — from cnbc.com

Key points (emphasis DSC)

Amazon remains a looming threat for some of the biggest retailers in the country — like Walmart, Target and Macy’s.
When consumers are ready to buy a specific product, nearly three-quarters of them, or 74 percent, are going straight to Amazon to do it, according to a new study by Feedvisor.
By the end of this year, Amazon is expected to account for 52.4 percent of the e-commerce market in the U.S., up from 48 percent in 2018.

“In New England, there will be between 32,000 and 54,000 fewer college-aged students just seven years from now,” Meehan said. “That means colleges and universities will have too much capacity and not enough demand at a time when the economic model in higher education is already straining under its own weight.” (Marty Meehan at WBUR)

Five key trends for professional and continuing education leaders in the next five years [Schroeder]

On 03/12/2019, in 21st century, adult learning, augmented reality, Blockchain, career development, change, changing business models, corporate universities / corporate training, curriculum, digital learning, emerging technologies, future, future of higher education, game-changing environment, higher education, human-computer interaction (HCI), ideas, learning ecosystem, learning from the living [class] room, Lifelong learning, MOOCs -- Massive Open Online Courses, online learning, pace of change, strategy, trends, United States, universities, virtual reality / worlds / learning, vision, Walmart of Education --> New Amazon.com of Higher Education, XR - extended reality, by Daniel Christian

Five key trends for professional and continuing education leaders in the next five years — from evolllution.com by Ray Schroeder

Excerpts:

Higher education is on the cusp of major changes. Enrollments are on the decline—both online and on campus—and the trend is expected to accelerate.[1] Graduates are laboring under substantial college loan debts totaling more than $1.5 trillion.[2] Employers are demanding that applicants possess soft and hard skills that many college graduates do not hold.[3] At the same time new and emerging technologies are changing the way credentials are shared and work is done.

It is in this context that continuing, professional and online programs have been imported from the periphery to the center of traditional universities. Students and employers alike have made clear that their top priority is relevance to the rapidly changing workplace. Artificial intelligence, blockchain, augmented/virtual reality and other technologies are driving the changes. Professional and Continuing Education (PCE) has long been the leader in providing relevant courses, certificates and degrees that connect students with the needs of employers.

…the Online Master’s Science in Computer Science degree at Georgia Tech is now the largest computer science program in the world. And the degree costs less than $9,000.

Also see:

Interview with Hunt Lambert – What is the 60-year curriculum?
Colleges and universities used to be primarily responsible for a four-year learning experience. We now need to envision a 60-year curriculum, whereby educational institutions partner with learners at all stages of their professional career, providing skills and knowledge as needed.

81% of legal departments aren’t ready for digitization: Gartner [The Mitratech Team]

On 03/01/2019, in 21st century, algorithms, analytics, Artificial Intelligence / Machine Learning / Deep Learning, Blockchain, bots, business, career development, change, changing business models, corporate / business world, Law Schools, legislatures / government / legal, new business models, tools, trends, vendors, workplace, by Daniel Christian

81% of legal departments aren’t ready for digitization: Gartner — from mitratech.com by The Mitratech Team

Excerpt:

Despite the efforts of Legal Operations legal tech adopters and advocates, and the many expert voices raised about the need to evolve the legal industry? A Gartner, Inc. report finds the vast majority of in-house legal departments are unprepared for digital transformation.

In compiling the report, Gartner reviewed the roles of legal departments in no less than 1,715 digital business projects. They also conducted interviews with over 100 general counsel and privacy officers, and another 100 legal stakeholders at large companies.

The reveal? That 81% of legal departments weren’t prepared for the oncoming tide of digitization at their companies. That leaves them at a disadvantage when one considers the results of Gartner’s CEO Survey. Two-thirds of its CEO respondents predicted their business models would change in the next three years, with digitization as a major factor.

Also relevant here/see:
AI Pre-Screening Technology: A New Era for Contracts? — from by Tim Pullan, CEO and Founder, ThoughtRiver

Excerpt:

However, enterprises are beginning to understand the tangible value that can be delivered by automated contract pre-screening solutions. Such technology can ask thousands of questions defined by legal experts, and within minutes deliver an output weighing up the risks and advising next steps. Legal resources are then only required to follow up on these recommendations, whether they be a change to a clause, removing common bottlenecks altogether, or acting quickly to monetise a business opportunity.

There are clear benefits for both the legal team and the business. The GC’s team spends more time on enterprise-wide strategy and supporting other departments, while the business can move at pace and gain considerable competitive advantage.

Horizon Report Preview 2019 — from library.educause.edu
Analytics, Artificial Intelligence (AI), Badges and Credentialing, Blended Learning, Blockchain, Digital Learning, Digital Literacy, Extended Reality (XR), Instructional Design, Instructional Technologies, Learning Analytics, Learning Space, Mobile Learning, Student Learning Support, Teaching and Learning

Abstract
The EDUCAUSE Horizon Report Preview provides summaries of each of the upcoming edition’s trends, challenges, and important developments in educational technology, which were ranked most highly by the expert panel. This year’s trends include modularized and disaggregated degrees, the advancing of digital equity, and blockchain.

For more than a decade, EDUCAUSE has partnered with the New Media Consortium (NMC) to publish the annual Horizon Report – Higher Education Edition. In 2018, EDUCAUSE acquired the rights to the NMC Horizon project.

The information below is from Deb Molfetta, Outreach Coordinator at EdDPrograms.org

EdDPrograms.org helps educators and administrators research doctoral education opportunities. Their organization’s work in education began in 2008 with projects ranging from a new teacher survival guide to their own teacher education scholarship program. More recently they realized that there weren’t any websites dedicated to professional development through Doctor of Education (EdD) programs, which is why they created their own – EdDPrograms.org. It covers a lot of ground, but here are a few sections they think administrators will appreciate:

A detailed overview of the EdD, including what to expect and how to choose a program
https://www.eddprograms.org/schools/
.
Specialized guides to EdD programs for leadership positions
https://www.eddprograms.org/schools/educational-leadership/
https://www.eddprograms.org/schools/organizational-leadership/
.
A comprehensive directory of EdD programs organized by state and delivery format. For example:
https://www.eddprograms.org/schools/online/
https://www.eddprograms.org/schools/michigan/

EdDPrograms.org is owned and operated by a group that has been creating post-secondary education resources since 2008. According to Deb, they have a history of providing students with objective, fact-based resources.

Reflections on “135 Million Reasons To Believe In A Blockchain Miracle” [Maddock]

On 02/09/2019, in 21st century, Artificial Intelligence / Machine Learning / Deep Learning, Blockchain, change, changing business models, emerging technologies, India, internet, Law Schools, leadership, legislatures / government / legal, new business models, political science, by Daniel Christian

135 Million Reasons To Believe In A Blockchain Miracle — from forbes.com by Mike Maddock

Excerpts:

Which brings us to the latest headlines about a cryptocurrency entrepreneur’s passing—taking with him the passcode to unlock C$180 million (about $135 million U.S.) in investor currency—which is now reportedly gone forever. Why? Because apparently, the promise of blockchain is true: It cannot be hacked. It is absolutely trustworthy.

Gerald Cotton, the CEO of a crypto company, reportedly passed away recently while building an orphanage in India. Unfortunately, he was the only person who knew the passcode to access the millions his investors had entrusted in him.

…

This is how we get the transition to Web 3.0.

Some questions to consider:

Who will build an easy-to-use “wallet” of the future?
Are we responsible enough to handle that much power?

Perhaps the most important question of all is: What role do our “trusted” experts play in this future?

From DSC:
I’d like to add another question to Mike’s article:

How should law schools, law firms, legislative bodies, government, etc. deal with the new, exponential pace of change and with the power of emerging technologies like #blockchain , #AI, #ML , #FacialRecognition etc.?

DC: Is this type of functionality another piece of a next generation, powerful, global learning platform!?!?!

On 01/09/2019, in 1:1 / 1:World, 21st century, A/V -- audio/visual, accessibility, adjunct faculty, adult learning, Artificial Intelligence / Machine Learning / Deep Learning, business, career development, change, changing business models, cloud-based computing / apps / other cloud-related, collaboration, colleges, communications, communities of practice, community colleges, computer science, content development, corporate / business world, corporate universities / corporate training, cost of getting a degree, dangers of the status quo, Daniel S. Christian, disruption, distance education, education, education technology, emerging technologies, engagement / engaging students, faculty, future, future of higher education, game-changing environment, global / globalization, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), ideas, innovation, Languages and translation, learner profiles, learning, learning ecosystem, learning from the living [class] room, learning spaces, Microsoft, online learning, personalized/customized learning, platforms, productivity / tips and tricks, second screen apps, special needs, teachers, teaching & learning, tools, training / L&D, universities, usability, user experience (UX), vendors, Walmart of Education --> New Amazon.com of Higher Education, web-based collaboration, by Daniel Christian

Presentation Translator for PowerPoint — from Microsoft (emphasis below from DSC:)

Presentation Translator breaks down the language barrier by allowing users to offer live, subtitled presentations straight from PowerPoint. As you speak, the add-in powered by the Microsoft Translator live feature, allows you to display subtitles directly on your PowerPoint presentation in any one of more than 60 supported text languages. This feature can also be used for audiences who are deaf or hard of hearing.

Additionally, up to 100 audience members in the room can follow along with the presentation in their own language, including the speaker’s language, on their phone, tablet or computer.

From DSC:
Up to 100 audience members in the room can follow along with the presentation in their own language! Wow!

Are you thinking what I’m thinking?! If this could also address learners and/or employees outside the room as well, this could be an incredibly powerful piece of a next generation, global learning platform!

Automatic translation with subtitles — per the learner’s or employee’s primary language setting as established in their cloud-based learner profile. Though this posting is not about blockchain, the idea of a cloud-based learner profile reminds me of the following graphic I created in January 2017.

A couple of relevant quotes here:

A number of players and factors are changing the field. Georgia Institute of Technology calls it “at-scale” learning; others call it the “mega-university” — whatever you call it, this is the advent of the very large, 100,000-plus-student-scale online provider. Coursera, edX, Udacity and FutureLearn (U.K.) are among the largest providers. But individual universities such as Southern New Hampshire, Arizona State and Georgia Tech are approaching the “at-scale” mark as well. One could say that’s evidence of success in online learning. And without question it is.

But, with highly reputable programs at this scale and tuition rates at half or below the going rate for regional and state universities, the impact is rippling through higher ed. Georgia Tech’s top 10-ranked computer science master’s with a total expense of less than $10,000 has drawn more than 10,000 qualified majors. That has an impact on the enrollment at scores of online computer science master’s programs offered elsewhere. The overall online enrollment is up, but it is disproportionately centered in affordable scaled programs, draining students from the more expensive, smaller programs at individual universities. The dominoes fall as more and more high-quality at-scale programs proliferate.

— Ray Schroeder

Education goes omnichannel. In today’s connected world, consumers expect to have anything they want available at their fingertips, and education is no different. Workers expect to be able to learn on-demand, getting the skills and knowledge they need in that moment, to be able to apply it as soon as possible. Moving fluidly between working and learning, without having to take time off to go to – or back to – school will become non-negotiable.

Anant Agarwal

From DSC:
Is there major change/disruption ahead? Could be…for many, it can’t come soon enough.

Top six AI and automation trends for 2019 [Newman]

On 01/07/2019, in 21st century, algorithms, analytics, bots, business, change, changing business models, cognitive computing, computer science, corporate / business world, Daniel S. Christian, economics, human-computer interaction (HCI), innovation, intelligent systems, leadership, MBA, robotics, society, strategy, tools, training / L&D, trends, United States, vendors, vision, workplace, by Daniel Christian

Top six AI and automation trends for 2019 — from forbes.com by Daniel Newman

Excerpt:

If your company hasn’t yet created a plan for AI and automation throughout your enterprise, you have some work to do. Experts believe AI will add nearly $16 trillion to the global economy by 2030, and 20 % of companies surveyed are already planning to incorporate AI throughout their companies next year. As 2018 winds down, now is the time to take a look at some trends and predictions for AI and automation that I believe will dominate the headlines in 2019—and to think about how you may incorporate them into your own company.

Also see — and an insert here from DSC:

Kai-Fu has a rosier picture than I do in regards to how humanity will be impacted by AI. One simply needs to check out today’s news to see that humans have a very hard time creating unity, thinking about why businesses exist in the first place, and being kind to one another…

Kai-Fu Lee at AI Frontiers: The Era of Artificial Intelligence

How AI can save our humanity

Reflections on “The world is changing. Here’s how companies must adapt.” [Kaeser]

On 01/03/2019, in 21st century, adult learning, algorithms, Artificial Intelligence / Machine Learning / Deep Learning, Asia, Australia, bots, business, Canada, career development, change, changing business models, collaboration, colleges, communications, communities of practice, community colleges, computer science, corporate / business world, corporate universities / corporate training, dangers of the status quo, Daniel S. Christian, digital learning, education, education reform, emerging technologies, engineering, entrepreneurship, ethics, Europe, future, game-changing environment, generational differences, global / globalization, heutagogy, higher education, human-computer interaction (HCI), ideas, India, innovation, intelligent systems, internet, Law Schools, learning, learning ecosystem, legislatures / government / legal, Lifelong learning, machine-to-machine communications, MBA, new business models, online learning, organizational change, pace of change, platforms, policy, political science, reinvent, society, staying relevant, strategy, student-related, surviving, Technologies for your home, technology (general), telecommunications, the downsides of technology, tools, training / L&D, trends, UK, United States, universities, vendors, vision, Walmart of Education --> New Amazon.com of Higher Education, web-based collaboration, workplace, youth, by Daniel Christian

The world is changing. Here’s how companies must adapt. — from weforum.org by Joe Kaeser, President and Chief Executive Officer, Siemens AG

Excerpts (emphasis DSC):

Although we have only seen the beginning, one thing is already clear: the Fourth Industrial Revolution is the greatest transformation human civilization has ever known. As far-reaching as the previous industrial revolutions were, they never set free such enormous transformative power.

The Fourth Industrial Revolution is transforming practically every human activity...its scope, speed and reach are unprecedented.
…
Enormous power (Insert from DSC: What I was trying to get at here) entails enormous risk. Yes, the stakes are high.

“And make no mistake about it: we are now writing the code that will shape our collective future.” CEO of Siemens AG

…

Contrary to Milton Friedman’s maxim, the business of business should not just be business. Shareholder value alone should not be the yardstick. Instead, we should make stakeholder value, or better yet, social value, the benchmark for a company’s performance.

Today, stakeholders…rightfully expect companies to assume greater social responsibility, for example, by protecting the climate, fighting for social justice, aiding refugees, and training and educating workers. The business of business should be to create value for society.

…

This seamless integration of the virtual and the physical worlds in so-called cyber-physical systems – that is the giant leap we see today. It eclipses everything that has happened in industry so far. As in previous industrial revolutions but on a much larger scale, the Fourth Industrial Revolution will eliminate millions of jobs and create millions of new jobs.

“…because the Fourth Industrial Revolution runs on knowledge, we need a concurrent revolution in training and education.
…
If the workforce doesn’t keep up with advances in knowledge throughout their lives, how will the millions of new jobs be filled?”

Joe Kaeser, President and Chief Executive Officer, Siemens AG

From DSC:
At least three critically important things jump out at me here:

We are quickly approaching a time when people will need to be able to reinvent themselves quickly and cost-effectively, especially those with families and who are working in their (still existing) jobs. (Or have we already entered this period of time…?)
There is a need to help people identify which jobs are safe to reinvent themselves to — at least for the next 5-10 years.
Citizens across the globe — and their relevant legislatures, governments, and law schools — need to help close the gap between emerging technologies and whether those technologies should even be rolled out, and if so, how and with which features.

What freedoms and rights should individuals have in the digital age?

Joe Kaeser, President and Chief Executive Officer, Siemens AG

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