Just ahead: The robotics revolution — from kiplinger.com by Art Pine; with thanks going out to Erik Brynjolfsson (@erikbryn) for his posting on Twitter re: this
The U.S. is on the cusp of an explosion in robotics that will have a significant impact on business and the economy over the next decade. Here’s how it will affect you.

Excerpt:

The use of robotics in manufacturing and service industries is expected to mushroom over the next 10 to 15 years, forcing significant changes in the way many companies do business, and posing opportunities — and problems — for workers.

 

From DSC:
I don’t mean to be negative here…but…are we leaving a large swath of people behind?  If many people don’t like learning — as evidenced by the dropout rates across the United States — the mountains will be much harder to climb in terms of helping people reinvent themselves as these events/trends take place.  The ramifications are immense and affect all of us!

What SHOULD these things mean for K-12? Higher education? The corporate training departments?

 

 

 

Federal report highlights the economic case for higher education — from educause.edu by Jaret Cummings

Excerpt:

The U.S. Departments of The Treasury and Education recently announced the release of a joint report highlighting the economic value of higher education achievement for individuals and the country as a whole. Entitled The Economics of Higher Education, the report confirms the continuing importance of postsecondary success to economic progress, including key findings such as the following…

From DSC:
Much of this is great — no doubt about it!  Now, the question is, how do we make higher education more accessible/affordable yet still maintain the quality? Along these lines, see:

After housing and the stock market, is higher education the next bubble to burst? — from forbes.com by Avi Dan

Excerpt:

Few industries today have a worse business model than higher learning institutions.

Simply put, colleges are slowly pricing themselves out of existence. Tuition has consistently increased faster than inflation and household income, to the point that it is now four times more expensive to attend college than it was a generation ago. The result is that the average college senior carries $25,000 in student loans at graduations. The debt can follow students around for years, sometimes to the end of time, literally: $36 billion in loan debt is held by people over 60-years old!

 

From DSC:
I’m not a political science expert and I won’t pretend to be one…but I did study economics and I don’t see what happened leading up to — and including — Tuesday night as any sort of victory or solid deal for America.  Delaying the tough decisions is not helping us — the time will come when we have to pay the piper.  Eventually, there will be pain. But will that pain start in 2013? I hope so. Because the longer the debt builds, the harder it will be to conquer it and the more pain we’ll need to get through (eventually).  In fact, eventually 100% of our taxes will go towards just paying the interest on the debt if we follow the current trajectories.  Printing more money won’t help the  situation either, as inflation is likely to escalate at that point.

Backing up a bit…here are some resources on what happened on Tuesday night with the Fiscal Cliff in the United States:

  • Obama signs bill warding off fiscal cliff — from CNN by Matt Smith
    Cliff deal hollow victory for American people — from CNN by David Rothkopf (CEO and editor-at-large of the FP Group, publishers of Foreign Policy magazine and a visiting scholar at the Carnegie Endowment for International Peace)
    Excerpt:
    (CNN) — The last political drama of 2012 and the first one of 2013 suggest that if you love America, you might want to consider making your New Year’s resolution quitting whatever political party you belong to. The “fiscal cliff” debate and the last-minute deal it produced have so far resolved nothing except to show that our system is profoundly broken and that radical changes are needed to fix it.
    .
  • Fiscal cliff was bound to collapse — from CNN by Gloria Borger
    .
  • After the fiscal cliff: What comes next? — from macleans.ca and the AP
    Excerpt:
    By delaying painful decisions on spending cuts, the deal assures more confrontation and uncertainty, especially because Congress must reach agreement later this winter to raise the government’s debt limit. Many businesses are likely to remain wary of expanding or hiring in the meantime.

    Bernard Baumohl, chief global economist for the Economic Outlook Group, thinks the lack of finality in the budget fight is slowing an otherwise fundamentally sound economy. “What a shame,” Baumohl said in a research note Wednesday. “Companies are eager to ramp up capital investments and boost hiring. Households are prepared to unleash five years of pent-up demand.”
    .
  • 3 more fiscal cliffs loom — from CNN by Rich Barbieri

 

From DSC:
The media loves to divide. They hate to unite. Evidently, unity doesn’t pay the bills .

(BTW, to the remaining journalism majors out there — strive to build up and help our country, and try not to feed the flames of division just so that your organizations’ ratings go up.  Watch whose agendas are truly being served and the verbiage you use.  Unfortunately, as a Christian,  I can’t say much for the church, as there are fractions throughout the church as well.)

Getting back to what’s on my mind…delaying the pain is just making the future pain all the worse.  Let’s bite the bullet, compromise, work together, and go through the pain now rather than later.  If we wait too long, our children will be paying the price for our ways.

As educators, it looks like we need to beef up those parts of the curriculum that deal with collaboration and creative compromise!

 

CountdownToFiscalCliff-Dec2012

 

From DSC:
One more straw is not what higher education needs in 2013…or is it?

 

 

Combine the trends listed in this graphic:

.

Trends-ReportFromDeptOfEdu-2012

— from The Economics of Higher Education, Dec 2012 (pg 2)

 

…with the next several graphics…

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Surging college costs price out middle class -- from CNNMoney.com on June 13, 2011

 

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The middle class falls further behind

 

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Daniel S. Christian: My concerns with just maintaining the status quo (from 2009).

From 5/21/09

 

 

…and you can see that the Perfect Storm in Higher Ed has been amassed.  Massive change is in the air. People will find a way to achieve their goals/objectives — one way or another. College is still a good call — but what “college” and “university life” will look like in 5 years will likely be very different from what they look like today.

There is no returning to the “good ol’ days” — things are not going back to the way they were 5-10 years ago.  It’s time for massive — but controlled/intentional — experimentation within higher ed, to find out how best to use the Internet in order to promote learning (and, hopefully, to still make a living!).

.

 

asdfsadf

 

 

 


Some examples that illustrate that change is in the air…and that the conversation continues to move outside traditional institutions of higher education (I mention these not to dog higher ed, but to get us to innovate, to reinvent ourselves, and to stay relevant!)


 

Big idea 2013: College becomes optional — from LinkedIn.com by Ben Smith

Jailbreaking the degree: The end of the 4 year diploma — from onlineuniversities.com by Justin Marquis

Excerpt:

What’s wrong with getting a college degree? According to the grassroots movement, “Jailbreaking the Degree,” being pushed by radical education startup Degreed.com, quite a bit. The organization has identified several fundamental flaws with the long standing college degree process. It aims to overcome them and dramatically change the nature of learning and credentialing in the process. In order to justify their initiative they present some dramatic numbers on their website…

Degreed wants to jailbreak the college degree — from techcrunch.com by Rip Empson

Saying no to college — NYT.com by Alex Williams

Do a Google search on uncollege.org and see what you get

The rise of college alternatives— from huffingtonpost.com by Dan Schawbel

educreations.com: Teach what you know. Learn what you don’t.

 

Also see the following items from Genius:

  • The New Consumer Agenda:
    From authentic collaboration to small indulgences … what consumers want in 2013 and beyond, and how brands are responding.
  • Marketing Trends 2013+:
    From black marketing to crowd creatives, brand gaming to urban formats, solomo and diffusion … what will be big in marketing in 2013

 

Additional notes from DSC:

  • With thanks going out to Mr. Jim Woods (@hyperinnovation) on twitter for this resource
  • The wave-related graphics above are very appropriate for our times — and I’d rather be surfing the waves then being crushed by them!

 

 

The end of middle class growth: What it means for the future of work, family, and the economy — from theatlantic.com by Jonathan Rauch
There is no modern precedent for America’s stalled middle class — or for the double detachment from work and marriage among low-earning men. So, what do we do now?

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Infographic

 

 

Excerpt:

With the public’s continued focus on value and affordability, higher education finds itself at a critical juncture. Cost pressures and increased global demand for access have given rise to innovations that have unleashed new delivery models into the education marketplace. Such innovation is required if universities are to thrive, compete, and bring new relevance and meaning to the value of college in the 21st century.

Also see:

  • Americans believe higher education must innovate — from Northeastern News
  • President: Witt must adapt to survive — from springfieldnewssun.com by Tom Stafford
    Excerpt:
    Liberal arts colleges that ignore market realities “absolutely won’t exist in the next decade,” Wittenberg University President Laurie M. Joyner told Springfield Rotarians on Monday.  But the practical or applied liberal arts education that she predicts can sustain Wittenberg will encourage deeper connections with Springfield, she said while speaking at the Hollenbeck-Bayley Conference Center, because “our students learn better when dealing with real-world problems.” A shrinking pool of price-sensitive high school graduates has combined with a bad economy to produce “the equivalent of a perfect storm for some of us,” said Joyner, who succeeded Mark Erickson on July 1.
  • Surviving disruption — from hbr.og by Maxwell Wessel and Clayton M. Christensen
    Excerpt:
    …to meet disrupters with disruption of their own, but also to guide their legacy businesses toward as healthy a future as possible.
  • Sanjay Sarma appointed as MIT’s first director of digital learning — from MIT by Steve Bradt
    Mechanical engineering professor will shepherd efforts to integrate elements of online education into traditional MIT courses.

From DSC:
Experimentation. Innovation. Experimentation. Innovation. Fail. Fail. Succeed. Fail. Succeed. Fail. 

 

Executing on Mary Meeker’s Vision for America: USA Inc. — from readwrite.com by Michael Tchong

Excerpt:

In true Meeker style, USA Inc. is a meticulously crafted, chart-heavy presentation. This one, though, paints a bleak picture. Most startling: America’s entitlement costs accounted for 56% of spending in fiscal 2011, 40 years ago it was just 25%. Here is more food for thought:

  • Expenses have exceeded revenue in all but five of the past 47 years.
  • 1 in 50 Americans needed Medicaid when it was created in 1965. Today, 1 in 6 do.
  • Unfunded and underfunded entitlement liabilities now total $66 trillion.

 

 Also see:

 

Tagged with:  

To students studying Business, Economics, Religion, Political Science, and Philosophy:

 


Please consider — and research/define where necessary — the following items occurring in the United States today. 

The fiscal cliff.
The U.S. debt limit.
Federal spending vs. revenue.
Printing money and it’s potential impact on inflation.
Recent election results.
A global economy; global competition.
The place/role of money.
Race against the machine; also see this posting.
Matthew 6:19-34.

.


Then, please discuss/answer the following questions:


  1. What makes our debt risky? On a national level? On the money and banking level? On a personal level?
  2. What are your thoughts about the following items:
  3. What implications do you see in these items? Will they be impacting you and/or your future?
    • Are there political ramifications for this?
    • Are there spiritual ramifications for this?
  4. Could the U.S. be heading for trouble? If you say yes, what support do you have for this assertion? If you say no, what do you support your argument with?
  5. Do you think we are a divided nation? What support do you have for this perspective?
  6. What characteristics of leadership would you most like to see at this point in time?
  7. After reading Matthew 6:19-34:
    • If you, personally, lost everything you had, what would that do to you emotionally? Physically? Spiritually? That is, if our savings completely dried up, what would life be like for us as a society? What would that do to our hearts?  To our perspectives/worldviews/priorities? How we choose to spend our time? What would it do to our view of God?  To our view of ourselves?

 


Some other resources to consider:


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fiscal cliff

 

 

 

 

 

 

 

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Digital Revolution’s Winners And Losers — from Information Week by John Foley
Workers with in-demand digital skills benefit most as computers increasingly take over
everyday tasks. In this InformationWeek 500 video, MIT’s Erik Brynjolfsson discusses
how this trend could affect your enterprise.

.
.
From DSC:
I agree with Erik that a large swath of people are being left behind, mainly because of technological changes and the pace of those changes. Again I ask, can you hear the engines roar?  How can we re-train folks to take advantage of the 3+million open jobs out there? How can we reinvent ourselves as quickly as possible?
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The pace has changed -- don't come onto the track in a Model T
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Addendums:
  • Andrew McAfee: Are droids taking our jobs?
    Robots and algorithms are getting good at jobs like building cars, writing articles, translating — jobs that once required a human. So what will we humans do for work? Andrew McAfee walks through recent labor data to say: We ain’t seen nothing yet. But then he steps back to look at big history, and comes up with a surprising and even thrilling view of what comes next.
  • America’s jobs gap: 9 million — from cnn.com by Tami Luhby

Book description:

Wired magazine editor and bestselling author Chris Anderson takes you to the front lines of a new industrial revolution as today’s entrepreneurs, using open source design and 3-D printing, bring manufacturing to the desktop.  In an age of custom-fabricated, do-it-yourself product design and creation, the collective potential of a million garage tinkerers and enthusiasts is about to be unleashed, driving a resurgence of American manufacturing.  A generation of “Makers” using the Web’s innovation model will help drive the next big wave in the global economy, as the new technologies of digital design and rapid prototyping gives everyone the power to invent — creating “the long tail of things”.

Also see:

.

3d Printing by Freedom of Creation Monarch Stools in situ How 3D Printing is Disrupting Mainstream Manufacturing Processes

 

http://www.pbs.org/wgbh/pages/frontline/dropout-nation/

© 2025 | Daniel Christian