…that doesn’t mean everyone is having an easy time of it. Some Americans feel increasingly pressured by the surge in the cost of carrying their debt. Delinquency rates on their credit card debt and auto loans are now at the highest in more than a decade.

Just a serious note of caution for you and for your future families. 


And speaking of youth and personal finances — and seeing as it’s tax time — also see:

Topic no. 501, Should I itemize?

Deductions reduce the amount of your taxable income. In general, individuals not in a trade or business or an activity for profit, may take a standard deduction or itemize their deductions.

You should itemize deductions on Schedule A (Form 1040), Itemized Deductions if the total amount of your allowable itemized deductions is greater than your standard deduction or if you must itemize deductions because you can’t use the standard deduction. You may also want to itemize deductions if your standard deduction is limited because another taxpayer claims you as a dependent. Itemized deductions, subject to certain dollar limitations, include amounts you paid, during the taxable year, for state and local income or sales taxes, real property taxes, personal property taxes, mortgage interest, disaster losses, gifts to charities, and part of the amount you paid for medical and dental expenses.

 

Amid explosive demand, America is running out of power — from washingtonpost.com by Evan Halper
AI and the boom in clean-tech manufacturing are pushing America’s power grid to the brink. Utilities can’t keep up.

Vast swaths of the United States are at risk of running short of power as electricity-hungry data centers and clean-technology factories proliferate around the country, leaving utilities and regulators grasping for credible plans to expand the nation’s creaking power grid.

A major factor behind the skyrocketing demand is the rapid innovation in artificial intelligence, which is driving the construction of large warehouses of computing infrastructure that require exponentially more power than traditional data centers. AI is also part of a huge scale-up of cloud computing. Tech firms like Amazon, Apple, Google, Meta and Microsoft are scouring the nation for sites for new data centers, and many lesser-known firms are also on the hunt.


The Obscene Energy Demands of A.I. — from newyorker.com by Elizabeth Kolbert
How can the world reach net zero if it keeps inventing new ways to consume energy?

“There’s a fundamental mismatch between this technology and environmental sustainability,” de Vries said. Recently, the world’s most prominent A.I. cheerleader, Sam Altman, the C.E.O. of OpenAI, voiced similar concerns, albeit with a different spin. “I think we still don’t appreciate the energy needs of this technology,” Altman said at a public appearance in Davos. He didn’t see how these needs could be met, he went on, “without a breakthrough.” He added, “We need fusion or we need, like, radically cheaper solar plus storage, or something, at massive scale—like, a scale that no one is really planning for.”


A generative AI reset: Rewiring to turn potential into value in 2024 — from mckinsey.com by Eric Lamarre, Alex Singla, Alexander Sukharevsky, and Rodney Zemmel; via Philippa Hardman
The generative AI payoff may only come when companies do deeper organizational surgery on their business.

  • Figure out where gen AI copilots can give you a real competitive advantage
  • Upskill the talent you have but be clear about the gen-AI-specific skills you need
  • Form a centralized team to establish standards that enable responsible scaling
  • Set up the technology architecture to scale
  • Ensure data quality and focus on unstructured data to fuel your models
  • Build trust and reusability to drive adoption and scale

AI Prompt Engineering Is Dead Long live AI prompt engineering — from spectrum.ieee.org

Since ChatGPT dropped in the fall of 2022, everyone and their donkey has tried their hand at prompt engineering—finding a clever way to phrase your query to a large language model (LLM) or AI art or video generator to get the best results or sidestep protections. The Internet is replete with prompt-engineering guides, cheat sheets, and advice threads to help you get the most out of an LLM.

However, new research suggests that prompt engineering is best done by the model itself, and not by a human engineer. This has cast doubt on prompt engineering’s future—and increased suspicions that a fair portion of prompt-engineering jobs may be a passing fad, at least as the field is currently imagined.


What the birth of the spreadsheet teaches us about generative AI — from timharford.com by Tim Harford; via Sam DeBrule

There is one very clear parallel between the digital spreadsheet and generative AI: both are computer apps that collapse time. A task that might have taken hours or days can suddenly be completed in seconds. So accept for a moment the premise that the digital spreadsheet has something to teach us about generative AI. What lessons should we absorb?

It’s that pace of change that gives me pause. Ethan Mollick, author of the forthcoming book Co-Intelligence, tells me “if progress on generative AI stops now, the spreadsheet is not a bad analogy”. We’d get some dramatic shifts in the workplace, a technology that broadly empowers workers and creates good new jobs, and everything would be fine. But is it going to stop any time soon? Mollick doubts that, and so do I.


 

 

6 work and workplace trends to watch in 2024 — from weforum.org by Kate Whiting; via Melanie Booth on LinkedIn

Excerpts (emphasis DSC):

The world of work is changing fast.

By 2027, businesses predict that almost half (44%) of workers’ core skills will be disrupted.

Technology is moving faster than companies can design and scale up their training programmes, found the World Economic Forum’s Future of Jobs Report.

The Forum’s Global Risks Report 2024 found that “lack of economic opportunity” ranked as one of the top 10 biggest risks among risk experts over the next two years.

5. Skills will become even more important
With 23% of jobs expected to change in the next five years, according to the Future of Jobs Report, millions of people will need to move between declining and growing jobs.

 

Thriving in an age of continuous reinvention — from pwc.com
As existential threats converge, many companies are taking steps to reinvent themselves. Is it enough? And what will it take to succeed?
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Resisting the Youth Sports Industrial Complex — from educationnext.org by Jonathan V. Last; via the The Top 20 Education Next Articles of 2023 from educationnext.org
Children’s sports are corrupted, but parents don’t have to play along

Excerpt (emphasis by DSC):

That’s the point of Linda Flanagan’s Take Back the Game, a book about the corruption of youth sports. It should be required reading for every parent. It should be handed out in the hospital along with What to Expect the First Year and Healthy Sleep Habits, Happy Child.

Flanagan, a journalist and former running coach, has pulled off a rare trick: she diagnoses a societal sickness, traces the roots of the malady, and prescribes a cure.

The problem is that we have a Youth Sports Industrial Complex that forces kids into single-sport specialization before they hit middle school. It demands that children be involved in (expensive) club and travel sports programs starting in elementary school.

Her first dictum is to delay entry into organized sports as long as possible. Don’t sign them up for pee-wee soccer to get a jump on the club scene—send them out into the yard to kick the ball around. Have a catch with them. Shoot baskets. Let them tumble and do cartwheels in the grass. As Flanagan says, “Just let them play.”

Another key precept from Flanagan: The family is more important than kids’ sports.

Perhaps the most valuable lesson from Take Back the Game is that parents have agency.

 

Learning and employment record use cases -- from the National Governors Association

LERs Are Hot. What Are States Going To Do With Them?

Governors and state leaders are concerned about the current labor shortage, occurring during a time when many skilled workers are underemployed or even unemployed. Skills-based approaches to hiring and recruiting can shift that dynamic—making pathways to good careers accessible to a wider segment of the workforce and opening up new pools of talent for employers. They do so by focusing on what workers know and can do, not on the degrees or credentials they’ve earned.

That’s the theory. But a lot hinges on how things actually play out on the ground.

Technology will play a key role, and many states have zeroed in on learning and employment records—essentially digital resumes with verified records of people’s skills, educational experiences, and work histories—as an essential tool. A lot of important work is going into the technical design and specifications.

This project, on the other hand, aims to take a step back and look at the current state of play when it comes to the use cases for LERs. Just a few of the key questions:

  • How might employers, education providers, government agencies, and workers themselves actually use them? Will they?
  • In what areas do state policymakers have the most influence over key stakeholders and the most responsibility to invest?
  • What actions are needed now to ensure that LERs, and skills-based hiring more broadly, actually widen access to good jobs—rather than setting up a parallel system that perpetuates many of today’s inequities?
 

School Guide to Student Financial Literacy: What to Teach and When — from couponchief.com by Linda Phillips; with thanks to Karen Bell for this resource

It’s crucial – for individuals and the larger community – that students and young adults develop a solid foundation of personal finance knowledge, skills and habits in order to thrive. Practicing good money habits means the difference between long-term financial security and serious financial straits.

Financial literacy education is the responsibility of everyone, but most particularly parents and teachers. This guide focuses primarily on teaching financial literacy in elementary, middle and high schools. However, the concepts discussed below – and many of the resources listed – are also helpful for parents and others interested in promoting sound personal finance practices by kids and teens alike. Below you’ll find our suggestions for what concepts should be taught to kids from pre-k through grade 12, and the best times to introduce those concepts. You’ll also find an extensive list of some of the best resources – books, lesson plans, activities, videos, games and more – to supplement financial literacy education in the classroom.

 

Student loan debt: Averages and other statistics in 2023 — from usatoday.com by Rebecca Safier and Ashley Harrison; via GSV

Excerpt:

The cost of college has more than doubled over the past four decades — and student loan borrowing has risen along with it. The student loan debt balance in the U.S. has increased by 66% over the past decade, and it now totals more than $1.77 trillion, according to the Federal Reserve.

Here’s a closer look at student loan debt statistics in the U.S. today, broken down by age, race, gender and other demographics.

In the 2020-2021 academic year, 54% of bachelor’s degree students who attended public and private four-year schools graduated with student loans, according to the College Board. These students left school with an average balance of $29,100 in education debt.

From DSC:
With significant monthly payments, many graduates HAVE TO HAVE good jobs that pay decent salaries. This is an undercurrent flowing through the higher ed learning ecosystem — with ramifications for what students/families/guardians expect from their investments.


‘Pracademics,’ professors who work outside the academy, win new respect — from washingtonpost.com by Jon Marcus
What’s in a word? A way to help impatient college students better connect to jobs.

Excerpts (emphasis DSC):

Among its approaches, the university focuses on having students learn from people like Taylor, who work or have worked in the fields about which they teach. Sheffield Hallam even has a catchy word to describe these practical academics: “pracademics.”

American universities have pracademics, too, of course. They’re among the more than 710,000 part-time and non-tenure-track faculty members who now make up some 61 percent of all faculty, according to the American Association of University Professors. Other adjectives for them include “adjunct,” “casual,” “contingent,” “external” and “occasional.”

From DSC:
For several years now I’ve thought that adjuncts are the best bet for our current traditional institutions of higher education to remain relevant and have healthier enrollments (i.e., sales) as well as offer better ROI’s that the students are looking for. Why? Because adjuncts bring current, real-world expertise to the classroom.

But the problem here is that many of these same institutions have treated adjunct faculty members poorly. Adjunct faculty members are often viewed as second-class citizens in many colleges and universities — even though they provide the lion’s share of the teaching, grading, and assessing of students’ work. They don’t get benefits, they are paid far less than tenured faculty members, and they often don’t know if they will actually be teaching a course or not. Chances are they don’t get to vote or have a say within faculty senates and such. They are often without power…without a voice.

I’m not sure many adjunct faculty members in the U.S. will stay with these institutions if something better comes around in the way of other alternatives.


Colgate Adds Trade School to Higher Education Employee Benefit — from colgate.edu by Daniel DeVries; via Brandon Busteed on LinkedIn

Excerpt (emphasis DSC):

One of Colgate University’s most important employee benefits has been expanded to support employee children as they seek trade or vocational education. 

Colgate, like many leading universities, offers financial support for employee children who attend an accredited college or university in pursuit of an undergraduate degree. Now, at the University, this benefit has been expanded to include employee children who enroll in trade or vocational schools.


Coursera’s degree and certificate offerings help drive Q2 revenue growth — from highereddive.com by Natalie Schwartz
The MOOC platform’s CEO touted the company’s strategy of allowing students to stack short-term credentials into longer offerings.

Dive Brief:

  • Coursera’s revenue increased to $153.7 million in the second quarter of 2023, up 23% compared to the same period last year, according to the company’s latest financial results.
  • The increases were partly driven by strong demand for the MOOC platform’s entry-level professional certificates and rising enrollment in its degree programs.
  • During a call with analysts Thursday, Coursera CEO Jeff Maggioncalda attributed some of that enrollment growth to new offerings, which include a cybersecurity analyst certificate from Microsoft and artificial intelligence degree programs from universities in India and Colombia.

Are ‘quick wins’ possible in assessment and feedback? Yes, and here’s how — from timeshighereducation.com by Beverley Hawkins, Eleanor Hodgson, Oli Young
It takes coordination, communication, and credibility to implement quick improvements in assessment and feedback, as a team from the University of Exeter explain 

One way to establish this is to form an “assessment and feedback expert group”. Bringing together assessment expertise from educators and academic development specialists, and student participants across the institution establishes a community of practice beyond those in formal leadership roles, who can share their experience and bring opportunities for improvement back into their local networks.

Focusing the group on “quick wins” can encourage discussion to address specific tips and tricks that educators can use without changing their assessment briefs and without significant preparation.

Also re: providing feedback see:

Five common misconceptions on writing feedback — from timeshighereducation.com by Rolf Norgaard , Stephanie Foster
Misapprehensions about responding to and grading writing can prevent educators using writing as an effective pedagogical tool. Rolf Norgaard and Stephanie Foster set out to dispel them

Writing is essential for developing higher-order skills such as critical thinking, enquiry and metacognition. Common misconceptions about responding to and grading writing can get in the way of using writing as an effective pedagogical tool. Here, we attempt to dispel these myths and provide recommendations for effective teaching.


How generative AI like ChatGPT is pushing assessment reform — from timeshighereducation.com by Amir Ghapanchi
AI has brought assessment and academic integrity in higher education to the fore. Here, Amir Ghapanchi offers seven ways to evaluate student learning that mitigate the impact of AI writers

Recommended assessment types to mitigate AI use
These assessment types can help universities to minimise the adverse effects of GAI:

  • Staged assignments
  • In-class presentations followed by questions
  • Group projects
  • Personal reflection essays
  • Class discussion
  • In-class handwritten exams
  • Performance-based assessments

Instructors Rush to Do ‘Assignment Makeovers’ to Respond to ChatGPT — from edsurge.com by Jeffrey R. Young

(Referring to rubrics) But, Bruff says, “the more transparent I am in the assignment description, the easier it is to paste that description into ChatGPT to have it do the work for you. There’s a deep irony there.” 

Bruff, the teaching consultant, says his advice to any teacher is not to have an “us against them mentality” with students. Instead, he suggests, instructors should admit that they are still figuring out strategies and boundaries for new AI tools as well, and should work with students to develop ground rules for how much or how little tools like ChatGPT can be used to complete homework.


Nearly 90% of staff report major barriers between traditional and emerging academic programs — from universitybusiness.com by Alcino Donadel
Only 53% of respondents recognized an existing strategic initiative at their institution with regard to PCE units; 17% indicated none existed, and 30% were not sure.

In the American Association of Collegiate Registrars and Admissions Officers’ (AACRAO) new survey on how institutions are mediating PCE units’ coexistence with the academic registrar, they found that once-siloed PCE units that are now converging with the academic registrar are causing internal tension and confusion.

“Because the two units have been organically grown for years to be separate institutions and to offer different things, it is difficult to grow together without knowing the goals of each or having a relationship,” one anonymized respondent said in the report.

 

Private Student Loans Have Gotten 2x More Expensive Since 2021 — from forbes.com by Vinay Bhaskara; via GSV

Excerpts:

Higher ed may appear less impacted on the surface. But a small yet critical cohort of students and families has been heavily affected – students and parents who take out private student loans. Private student loans are a small piece of the overall student loan puzzle, representing roughly 8% of outstanding student debt (~$146.9 billion) according to a March 2023 analysis from Federal Student Aid.

Private student loans have gotten way more expensive
With that context in mind, it’s worth analyzing how the rise in interest rates has impacted borrowing costs for families. The numbers are staggering. As the Fed has hiked interest rates, private loan borrowing costs have more than doubled since November of 2021. The average interest rate on a 10-year private student loan has jumped from a low of 3.3% in November 2021 to 7% at the end of May 2023. Interest rates for 5-year private loans have skyrocketed even faster, jumping from a low of 2.4% all the way to 8.70% across the same period.
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Higher Ed 101: Accreditation Explained — a podcast from futureupodcast.com by Jeff Selingo and Michael Horn

Excerpt:

Tuesday, June 6, 2023 – Far too often, individuals in higher education don’t understand the nuances of how accreditors operate and the role they play in supporting—or constraining—institutions. Jeff and Michael welcome Barbara Brittingham, former president of the New England Commission on Higher Education, to give the history of accreditation, break down how accrediting agencies operate, show how they compare to one another, and delve into how they might evolve in the future with an eye toward how these organizations impact institutional transformation and support learners in achieving their education and career goals. This episode is made possible with support from Ascendium Education Group, the Bill & Melinda Gates Foundation, and Course Hero.
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Building Apprenticeship Nation with Ryan Craig of Achieve Partners — a podcast from edtechinsiders.buzzsprout.com with Ryan Craig
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Rich Novak (Rutgers University) on Evaluating the Changes in Higher Ed — a podcast from Illumination by Modern Campus with Amrit Ahluwalia and Rich Novak. Thanks Amrit for all that you’ve done and are doing.

Excerpt:

On today’s episode of the Illumination by Modern Campus podcast, host Amrit Ahluwalia was joined by Rich Novak to evaluate the changes in higher education over the past decade, and the opportunities ahead for continuing education.
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Council Post: Learning In The Digital Age: Reskilling And The Evolution Of Education — from forbes.com by Daphne Kis

Excerpt:

Partnering With Higher Education
I believe that companies can gain a competitive edge in hiring and retention by establishing long-term partnerships with educators, universities and other pedagogically-driven institutions. However, it is crucial to design these partnerships with scale and replication in mind in order to avoid high costs and low adoption rates that can result in failure.

Establishing a successful partnership will also require companies and universities to determine and agree on the skill-based outcomes they aim to achieve. They will have to find effective ways to share data, develop timelines and measure success for both parties.

This is a shift from traditional partnerships, which often focus on research and innovation initiatives. With this, intellectual property was the outcome of the collaboration. Instead, in a reskilling partnership, in-demand skills are the outcome.
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EDUCAUSE and WCET QuickPoll Results: Current Trends in Microcredential Design and Delivery — from er.educause.edu by Jenay Robert
Microcredentialing programs remain nascent at many institutions, but interest continues to grow. As the demand for flexible learning experiences increases, stakeholders might find renewed interest in and uses for microcredentials.

 

The economic potential of generative AI — from mckinsey.com; via Superhuman

The economic potential of generative AI -- from McKinsey & Co

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On giving AI eyes and ears — from oneusefulthing.org by Ethan Mollick
AI can listen and see, with bigger implications than we might realize.

Excerpt:

But even this is just the beginning, and new modes of using AI are appearing, which further increases their capabilities. I want to show you some examples of this emerging world, which I think will soon introduce a new wave of AI use cases, and accompanying disruption.

We need to recognize that these capabilities will continue to grow, and AI will be able to play a more active role in the real world by observing and listening. The implications are likely to be profound, and we should start thinking through both the huge benefits and major concerns today.

Ethan Mollick


5 Steps to Transforming Images into Videos Using AI Tools — from heatherbcooper.substack.com by Heather Cooper
A simple guide to layering AI tools for quick video creation

5 Steps to Transforming Images into Videos Using AI Tools

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‘Nobody wins in an academic-integrity arms race’ — from chonicle.com by Ian Wilhelm
How artificial intelligence is changing the way college thing about cheating

Even though generative AI is a new thing, it doesn’t change why students cheat. They’ve always cheated for the same reason: They don’t find the work meaningful, and they don’t think they can achieve it to their satisfaction. So we need to design assessments that students find meaning in. 

Tricia Bertram Gallant


Caught off guard by AI — from chonicle.com by Beth McMurtrie and Beckie Supiano
Professor scrambled to react to ChatGPT this spring — and started planning for the fall

Excerpt:

Is it cheating to use AI to brainstorm, or should that distinction be reserved for writing that you pretend is yours? Should AI be banned from the classroom, or is that irresponsible, given how quickly it is seeping into everyday life? Should a student caught cheating with AI be punished because they passed work off as their own, or given a second chance, especially if different professors have different rules and students aren’t always sure what use is appropriate?


GPT-4 Can Use Tools Now—That’s a Big Deal — from every.to by Dan Shipper; resource via Sam DeBrule
What “function calling” is, how it works, and what it means

Excerpt:

…OpenAI built tool use right into the GPT API with an update called function calling. It’s a little like a child’s ability to ask their parents to help them with a task that they know they can’t do on their own. Except in this case, instead of parents, GPT can call out to external code, databases, or other APIs when it needs to.

Each function in function calling represents a tool that a GPT model can use when necessary, and GPT gets to decide which ones it wants to use and when. This instantly upgrades GPT capabilities—not because it can now do every task perfectly—but because it now knows how to ask for what it wants and get it.
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How ChatGPT can help disrupt assessment overload — from timeshighereducation.com by David Carless
Advances in AI are not necessarily the enemy – in fact, they should prompt long overdue consideration of assessment types and frequency, says David Carless

Excerpt:

Reducing the assessment burden could support trust in students as individuals wanting to produce worthwhile, original work. Indeed, students can be co-opted as partners in designing their own assessment tasks, so they can produce something meaningful to them.

A strategic reduction in quantity of assessment would also facilitate a refocusing of assessment priorities on deep understanding more than just performance and carries potential to enhance feedback processes.

If we were to tackle assessment overload in these ways, it opens up various possibilities. Most significantly there is potential to revitalise feedback so that it becomes a core part of a learning cycle rather than an adjunct at its end. End-of-semester, product-oriented feedback, which comes after grades have already been awarded, fails to encourage the iterative loops and spirals typical of productive learning.
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The full 12 uses are here: https://edgeoflearning.com/your-new-teaching-superpower-ai-tools/


The AI Tools in Education Database — from kiwi-path-612.notion.site by EdTech Insiders

Excerpt (emphasis DSC):

Since AI in education has been moving at the speed of light, we built this AI Tools in Education database to keep track of the most recent AI tools in education and the changes that are happening every day. This database is intended to be a community resource for educators, researchers, students, and other edtech specialists looking to stay up to date. This is a living document, so be sure to come back for regular updates.

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Time for Class 2023 Study finds students are earlier adopters of generative AI tools than faculty, and majority (69%) of learners prefer hybrid, blended or online course formats — from globenewswire.com by Tyton Partners

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AI Could Prevent Hiring Bias — Unless It Makes It Worse — from nerdwallet.com by Anna Helhoski
Advocates say AI can eliminate human biases in hiring. Skeptics point out that AI tools are trained by … humans.

Excerpt:

These claims conjure up the rosiest of images: human resource departments and their robot buddies solving discrimination in workplace hiring. It seems plausible, in theory, that AI could root out unconscious bias, but a growing body of research shows the opposite may be more likely.

Companies’ use of AI didn’t come out of nowhere: For example, automated applicant tracking systems have been used in hiring for decades. That means if you’ve applied for a job, your resume and cover letter were likely scanned by an automated system. You probably heard from a chatbot at some point in the process. Your interview might have been automatically scheduled and later even assessed by AI.

From DSC:
Here was my reflection on this:


Also related to AI in hiring, see:

4 in 10 Companies Will Be Using AI Interviews by 2024 — from resumebuilder.com

In June, ResumeBuilder.com surveyed more than 1,000 employees who are involved in hiring processes at their workplaces to find out about their companies’ use of AI interviews.

The results:

  • 43% of companies already have or plan to adopt AI interviews by 2024
  • Two-thirds of this group believe AI interviews will increase hiring efficiency
  • 15% say that AI will be used to make decisions on candidates without any human input
  • More than half believe AI will eventually replace human hiring managers

Watch OpenAI CEO Sam Altman on the Future of AI — from bloomberg.com
Sam Altman, CEO & Co-Founder, OpenAI discusses the explosive rise of OpenAI and its products and what an AI-laced future can look like with Bloomberg’s Emily Chang at the Bloomberg Technology Summit.

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PowerSchool Announces Collaboration with Microsoft Azure OpenAI Service to Provide Personalized Learning at Scale in K-12 Education — from powerschool.com
Large-scale language models integrated within PowerSchool Performance Matters and PowerSchool LearningNav products will empower educators in delivering transformative personalized learning pathways

The implementation of generative AI within these products will dramatically improve educators’ ability to deliver personalized learning to students at scale by enabling the application of personalized assessments and learning pathways based on individual student needs and learning goals. K-12 educators will also benefit from access to OpenAI technology…

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FETC 2023 Virtual Roundtable: How AI Will Transform K-12 Education

AI could be the great equalizer!

Holly Clark

Example screenshots:


 

Accenture announces jaw-dropping $3 billion investment in AI — from venturebeat.com by Carl Franzen; via Superhuman

Excerpt:

The generative AI announcements are coming fast and furious these days, but among the biggest in terms of sheer dollar commitments just landed: Accenture, the global professional services and consulting giant, today announced it will invest $3 billion (with a “b”!) in AI over the next three years in building out its team of AI professionals and AI-focused solutions for its clients.

“There is unprecedented interest in all areas of AI, and the substantial investment we are making in our Data & AI practice will help our clients move from interest to action to value, and in a responsible way with clear business cases,” said Julie Sweet, Accenture’s chairwoman and CEO.

Also related/see:

Artificial intelligence creates 40,000 new roles at Accenture — from computerweekly.com by Karl Flinders
Accenture is planning to add thousands of AI experts to its workforce as part of a $3bn investment in its data and artificial intelligence practice

Why leaders need to evolve alongside generative AI — from fastcompany.com by Kelsey Behringer
Even if you’re not an educator, you should not be sitting on the sidelines watching the generative AI conversation being had around you—hop in.

Excerpts (emphasis DSC):

Leaders should be careful to watch and support education right now. At the end of the day, the students sitting in K-12 and college classrooms are going to be future CPAs, lawyers, writers, and teachers. If you are parenting a child, you have skin in the game. If you use professional services, you have skin in the game. When it comes to education, we all have skin in the game.

Students need to master fundamental skills like editing, questioning, researching, and verifying claims before they can use generative AI exceptionally well.

GenAI & Education: Enhancement, not Replacement — from drphilippahardman.substack.com by Dr. Philipa Hardman
How to co-exist in the age of automation

Excerpts (emphasis DSC):

[On 6/15/23, I joined] colleagues from OpenAI, Google, Microsoft, Stanford, Harvard and other others at the first meeting of the GenAI Summit. Our shared goal [was] to help to educate universities & schools in Europe about the impact of Generative AI on their work.

how can we effectively communicate to education professionals that generative AI will enhance their work rather than replace them?

A recent controlled study found that ChatGPT can help professionals increase their efficiency in routine tasks by ~35%. If we keep in mind that the productivity gains brought by the steam engine in the nineteenth century was ~25%, this is huge.

As educators, we should embrace the power of ChatGPT to automate the repetitive tasks which we’ve been distracted by for decades. Lesson planning, content creation, assessment design, grading and feedback – generative AI can help us to do all of these things faster than ever before, freeing us up to focus on where we bring most value for our students.

Google, one of AI’s biggest backers, warns own staff about chatbots — from reuters.com by Jeffrey Dastin and Anna Tong

Excerpt:

SAN FRANCISCO, June 15 (Reuters) – Alphabet Inc (GOOGL.O) is cautioning employees about how they use chatbots, including its own Bard, at the same time as it markets the program around the world, four people familiar with the matter told Reuters.

The Google parent has advised employees not to enter its confidential materials into AI chatbots, the people said and the company confirmed, citing long-standing policy on safeguarding information.

The economic potential of generative AI: The next productivity frontier — from mckinsey.com
Generative AI’s impact on productivity could add trillions of dollars in value to the global economy—and the era is just beginning.



Preparing for the Classrooms and Workplaces of the Future: Generative AI in edX — from campustechnology.com by Mary Grush
A Q&A with Anant Agarwal


Adobe Firefly for the Enterprise — Dream Bigger with Adobe Firefly.
Dream it, type it, see it with Firefly, our creative generative AI engine. Now in Photoshop (beta), Illustrator, Adobe Express, and on the web.


Apple Vision Pro, Higher Education and the Next 10 Years — from insidehighered.com by Joshua Kim
How this technology will play out in our world over the next decade.



Zoom can now give you AI summaries of the meetings you’ve missed — from theverge.com by Emma Roth


Mercedes-Benz Is Adding ChatGPT to Cars for AI Voice Commands — from decrypt.co by Jason Nelson; via Superhuman
The luxury automaker is set to integrate OpenAI’s ChatGPT chatbot into its Mercedes-Benz User Experience (MBUX) feature in the U.S.


 

Microcredentials Can Make a Huge Difference in Higher Education — from newthinking.com by Shannon Riggs
The Ecampus executive director of academic programs and learning innovation at Oregon State University believes that shorter form, low-cost courses can open up colleges to more people.

That so much student loan debt exists is a clear signal that higher education needs to innovate to reduce costs, increase access and improve students’ return on investment. Microcredentials are one way we can do this.


As the Supreme Court weighs Biden’s student loan forgiveness, education debt swells — from cnbc.com by Jessica Dickler

KEY POINTS

  • As the Supreme Court weighs President Joe Biden’s student loan forgiveness plan, college tuition keeps climbing.
  • This year’s incoming freshman class can expect to borrow as much as $37,000 to help cover the cost of a bachelor’s degree, according to a recent report.

College is only getting more expensive. Tuition and fees plus room and board at four-year, in-state public colleges rose more than 2% to $23,250, on average, in the 2022-23 academic year; at four-year private colleges, it increased by more than 3% to $53,430, according to the College Board, which tracks trends in college pricing and student aid.

Many students now borrow to cover the tab, which has already propelled collective student loan debt in the U.S. past $1.7 trillion.


Access, Outcomes, and Value: Envisioning the Future of Higher Education — from milkeninstitute.org with Jeff Selingo, Gene Block, Jim Gash, Eric Gertler, and Nicole Hurd

Leaders of colleges and universities face unprecedented challenges today. Tuition has more than doubled over the past two decades as state and federal funding has decreased. Renewed debates about affirmative action and legacy admissions are roiling many campuses and confusing students about what it takes to get accepted. Growing numbers of administrators are matched by declining student enrollment, placing new financial pressures on institutions of higher learning. And many prospective students and their parents are losing faith in the ROI of such an expensive investment and asking the simple question: Is it all worth it? Join distinguished leaders from public and private institutions for this panel discussion on how they are navigating these shifts and how they see the future of higher education.

 


What the New ‘U.S. News’ Law-School Rankings Reveal About the Rankings Enterprise — from chronicle.com by Francie Diep

Excerpt (emphasis DSC):

This year’s lists also offer a hint of how widespread the rankings revolt was. Seventeen medical schools and 62 law schools — nearly a third of the law schools U.S. News ranks — didn’t turn in data to the magazine this year. (It’s not clear what nonparticipation rates have been in the past. Reached by email to request historical context, a spokesperson for U.S. News pointed to webpages that are no longer online. U.S. News ranked law and medical schools that didn’t cooperate this year by using publicly available and past survey data.)


Are today’s students getting ahead, getting by, or even falling behind when it comes to their post-college earnings? The Equitable Value Explorer, an innovative diagnostic tool that puts the commission’s work into action, is helping to answer that question.


Report: Many borrowers who could benefit from income-driven repayment don’t know about it — from highereddive.com by Laura Spitalniak

Dive Brief:

  • Student loan borrowers who would stand to benefit the most from income-driven repayment plans, or IDRs, are less likely to know about them, according to a new report from left-leaning think tank New America.
  • Around 2 in 5 student-debt holders earning less than $30,000 a year reported being unfamiliar with the repayment plans. Under a proposed plan from the U.S. Education Department, IDR minimum monthly loan payments for low-income earners, such as this group, could drop to $0.
  • Just under half of borrowers in default had not heard of IDRs, despite the plans offering a pathway to becoming current on their loans, the report said. Only one-third of currently defaulted borrowers had ever enrolled in IDR.

Addendum on 5/16/23:

 

A.I. Is Coming for Lawyers, Again — from nytimes.com by Steve Lohr (behind paywall)
Previous advances in A.I. inspired predictions that the law was the lucrative profession most likely to suffer job losses. It didn’t happen. Is this time different?

Excerpt:

But unless the past isn’t a guide, the impact of the new technology is more likely to be a steadily rising tide than a sudden tidal wave. New A.I. technology will change the practice of law, and some jobs will be eliminated, but it also promises to make lawyers and paralegals more productive, and to create new roles. That is what happened after the introduction of other work-altering technologies like the personal computer and the internet.

One new study, by researchers at Princeton University, the University of Pennsylvania and New York University, concluded that the industry most exposed to the new A.I. was “legal services.” Another research report, by economists at Goldman Sachs, estimated that 44 percent of legal work could be automated. Only the work of office and administrative support jobs, at 46 percent, was higher.

Lawyers are only one occupation in the path of A.I. progress. A study by researchers at OpenAI, the creator of ChatGPT, and the University of Pennsylvania found that about 80 percent of American workers would have at least 10 percent of their tasks affected by the latest A.I. software.

Also relevant/see:

039 | Micro-legal & AI Legal Help — from thebrainyacts.beehiiv.com

Keywords for Better ChatGPT Responses

 

Making Change: How America’s Workforce is Responding to Rising Costs — from insights.guildeducation.com

Taken together, the results show an American workforce focused on the long-term. Workers are managing to costs, but more than that, they’re making down payments on their future. This is a workforce motivated more than ever by a path to career growth and economic stability.

What the workforce wants in 2023 -- looking for more education, training, and long-term stability

 

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.
 
© 2024 | Daniel Christian