economics

Why It’s so Difficult to Recruit Diverse Teachers in Early Childhood [Whye]

On 12/13/2021, in economics, K-12 related, society, sociology, teachers, by Daniel Christian

Why It’s so Difficult to Recruit Diverse Teachers in Early Childhood — from edsurge.com by Meredith Whye

Excerpt (emphasis DSC):

Wisconsin mandates that student teachers experience one semester, approximately 18 weeks, of full-time work in the classroom. That means during the final semester of their senior year, students are working full-time without pay. The university advises student teachers to save up money and not work another job during this semester. However, the majority of the students I work with simply cannot stop working for 18 weeks.

What does the legal realm need to know here? [Christian]

On 12/08/2021, in 21st century, 24x7x365 access, Artificial Intelligence/Agents/LLMs/and Related, bots, business, change, computer science, copyright/ownership/NFTs, corporate / business world, cryptocurrencies, Daniel S. Christian, economics, law schools, Legal operations, legislatures / government / legal, platforms, privacy, programming, by Daniel Christian

From DSC:
When I ran across the items below, I couldn’t help but wonder…”What does the legal realm need to know here?”

The Ultimate List Of Crypto Lending Platforms — from 101blockchains.com by Diego Geroni

Know The Vulnerabilities And Security Concerns Associated With NFT — from 101blockchains.com by Diego Geroni

Radar trends to watch: December 2021 — from oreilly.com by Mike Loukides
Developments in Programming, Quantum Computing, Cryptocurrency, and More

NFT sales reached $27 billion this year — from protocol.com by Nat Rubio-Licht
OpenSea dominated the business.

UNISWAP – Know Everything About The Largest Decentralized Exchange (DEX) — from 101blockchains.com by Diego Geroni

Report Finds US Workers Lagging in Digital Skills [Mello]

On 12/02/2021, in 21st century, career development, corporate / business world, corporate universities / corporate training, economics, future, game-changing environment, professional development, skills, society, training / L&D, United States, workplace, by Daniel Christian

Report Finds US Workers Lagging in Digital Skills — from technewsworld.com by John P. Mello Jr.

Excerpt:

Many Americans lack the digital skills needed to be productive members of the workforce in the 21st century, according to a report released Monday by a Washington, D.C. think tank.

One-third of U.S. workers lack digital skills, with 13 percent having no digital skills and 18 percent having, at best, limited digital skills, noted the report by the Information Technology & Innovation Foundation, a science and technology institute.

In essence, the ITIF reported, one in six working-age Americans are unable to use email, web search, or other basic online tools.

Also see:

Hybrid skills are ascendant in the post-pandemic talent economy — from chieflearningofficer.com by Michelle Weise
We now face a tight labor market with fewer resources to pull from when it comes to human capital.

Even though we may not be able to predict the jobs of the future, we can begin to crack the labor market code in today’s economy and home in on the hybrid, or human and technical skills that will help working-age adults prepare for the jobs of today and tomorrow.

All aboard: Bitcoin’s rise inspires even big banks to staff up on crypto talent [Anders]

On 11/01/2021, in Blockchain, career development, change, economics, emerging technologies, MBA, society, strategy, universities, vendors, vision/possibilities, workplace, by Daniel Christian

All aboard: Bitcoin’s rise inspires even big banks to staff up on crypto talent — from linkedin.com by George Anders

Excerpt:

That’s according to a new analysis by LinkedIn’s Economic Graph team, which finds that major financial services firms will add more than three times as many staff steeped in digital-asset experience this year than in 2015. That pace jumped 40% in the first half of 2021 alone, compared with the same period last year.

“The opportunities in digital assets are plentiful,” BNY Mellon’s Roman Regelman, the bank’s CEO of asset servicing and head of digital, told LinkedIn News. “We can now attract talent in a very different way.”

Also relevant, see:

Wharton’s New Crypto Course to Take Crypto for Tuition Fees — from insidehighered.com by Suzanne Smalley
Excerpt:
The Wharton School of the University of Pennsylvania last week announced it would become the first Ivy League school and the first American business school to accept enrollment payments in cryptocurrency via Coinbase. The announcement came alongside news that the prestigious business school also has launched an online certificate program focused on the economics of blockchain and digital assets.

From DSC:
The articles below made me wonder…what will lawyers, judges, and legislators need to know about Bitcoin, Ethereum, and other cryptocurrencies? (#EmergingTechnologies)

Bitcoin Is Boosting Cryptocurrency Firms’ Market Cap, Leaving Apple In the Dust — from interestingengineering.com by Ameya Paleja
Money is changing.
Bitcoin: Who owns it, who mines it, who’s breaking the law — from mitsloan.mit.edu by Betsy Vereckey

National Disability Employment Awareness Month 2021

On 10/01/2021, in accessibility / UDL, Bias | Diversity Equity & Inclusion (DE&I), business, career development, corporate / business world, economics, neurodivergent/special needs, society, surviving, United States, workplace, by Daniel Christian

National Disability Employment Awareness Month 2021 — from dol.gov

Excerpt:

The theme for NDEAM 2021, “America’s Recovery: Powered by Inclusion,” reflects the importance of ensuring that people with disabilities have full access to employment and community involvement during the national recovery from the COVID-19 pandemic.

NDEAM is held each October to commemorate the many and varied contributions of people with disabilities to America’s workplaces and economy. Browse our website for ideas and resources for employers, community organizations, state and local governments, advocacy groups and schools to participate in celebrating NDEAM through events and activities centered around the theme of “America’s Recovery: Powered by Inclusion.”

The 2021 NDEAM poster is available now!

El Salvador will become the first country to accept bitcoin as currency

On 09/07/2021, in business, change, economics, legislatures / government / legal, by Daniel Christian

“The government even went a step further in promoting the cryptocurrency’s use by giving $30 in free bitcoins to citizens who sign up for its national digital wallet…” https://t.co/Y4Apz1mKcp

— Daniel Christian (he/him/his) (@dchristian5) September 4, 2021

This 12-year-old coder is set to earn over $400,000 after about 2 months selling NFTs — from cnbc.com by Taylor Locke

Excerpt:

But lately, non-fungible tokens, or NFTs, and the smart contracts, or collections of code, that power them, have caught Ahmed’s attention.

“I first learned about NFTs earlier this year,” Ahmed, who is based in London, tells CNBC Make It. “I got fascinated with NFTs because you can easily transfer the ownership of an NFT by the blockchain.”

From DSC:
Law professors who teach property and contracts might be interested in this as well. 🙂

And speaking of emerging technologies and the law, also see:

How AI-powered tech landed man in jail with scant evidence — from apnews.com by Garance Burke, Martha Mendoza, Juliet Linderman, & Michael Tarm

College Was Supposed to Close the Wealth Gap for Black Americans. The Opposite Happened. [Ensign & Shifflett]

On 08/25/2021, in 21st century, colleges, economics, higher education, leadership, society, sociology, trends, United States, universities, by Daniel Christian

College Was Supposed to Close the Wealth Gap for Black Americans. The Opposite Happened. — from wsj.com by Rachel Louise Ensign and Shane Shifflett
Black college graduates in their 30s have lost ground over three decades, the result of student debt and sluggish income growth

Excerpt:

The drop is driven by skyrocketing student debt and sluggish income growth, which combine to make it difficult to build savings or buy a home. Now, the generation that hoped to close the racial wealth gap is finding it is only growing wider.

More than 84% of college-educated Black households in their 30s have student debt, up from 35% three decades ago, when many baby boomers were at the same age. The younger generation owes a median of $44,000, up from less than $6,000. By comparison, 53% of white college-educated households in their 30s have debt, up from 27% three decades earlier. The median amount rose to $35,000 from $8,000. All figures are adjusted for inflation.

Also see:

American Talent Initiative 2021 | Third Annual Progress Report — from sr.ithaka.org by Martin Kurzweil, Tania LaViolet, Elizabeth Davidson Pisacreta, Adam Rabinowitz, Emily Schwartz, Joshua Wyner; with thanks to Goldie Blumenstyk at The Chronicle of Higher Education for this resource

Excerpt:

The progress report includes new enrollment data from the 2019-20 academic year as well as Fall 2020. The pre-COVID and COVID era data reveal four key findings:

Before the pandemic, between 2015-16 and 2019-20, ATI members (130 during this data collection period) collectively increased Pell enrollment by 10,417
In the years leading up to the pandemic, 2018-19 and 2019-20, ATI’s progress leveled off and began to reverse, with an enrollment decline of 3,873 Pell students, attributable to two main factors: (1) substantial declines at a set of ATI member institutions that enroll very high shares of Pell students, and (2) insufficient progress at a set of institutions with lower Pell
Fall 2020 enrollment data for 115 ATI members show a single-year drop of 7,166 Pell students (compared to Fall 2019). Driven in large part by declines in first-time and transfer Pell student enrollment at public institutions, and decreased Pell student retention rates at private
COVID-era declines have nearly returned Pell enrollment levels among ATI members to 2015-16

The impact of blockchain, cryptocurrencies, and NFTs on the legal industry with Joseph Raczynski [ABA Innovation Network]

On 07/18/2021, in 21st century, 24x7x365 access, analytics, Artificial Intelligence/Agents/LLMs/and Related, Blockchain, business, change, changing business models, economics, emerging technologies, game-changing environment, innovation, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, by Daniel Christian

The impact of blockchain, cryptocurrencies, and NFTs on the legal industry with Joseph Raczynski — from buzzsprout.com by the ABA Center for Innovation

Today we will discuss blockchain, cryptocurrencies, and NFTs and their impact on the legal industry. Joining us is an expert in all things blockchain and crypto, Joseph Raczynski. Joseph Raczynski is a Technologist & Futurist with Thomson Reuters.

Also see:

The Law Firm of the Future — from joetechnologist.com by Joseph Raczynski

Excerpt:

Attorneys look to precedent to solve today’s legal problems. “Steeped in tradition” is how we often describe the legal profession. As result, it’s no surprise that there is inherent tension between emerging technology and the legal profession. The American Bar Association’s 2020 TechReport, which surveys firms and tracks attorney use of technology in their practices, reported that only 7% of attorneys are using tech tools, such as Artificial Intelligence (AI), for document review and research. Firms with more than 100 attorneys are more likely to use AI, as well as firms that engage in mass tort litigation. Despite promises of increased efficiency, productivity, and profitability, a significant number of attorneys cite distrust of the technology and underlying algorithms.

Even though the legal services market is estimated to be a $1T industry globally, Forbes reports that it is also one of the least digitized…

The Short-term Credentials Landscape — from newamerica.org by Monique O. Ositelu, PhD, Clare McCann, and Amy Laitinen
What We See and What Remains Unseen

Abstract

Given the rapid growth in short-term programs, and policymakers’ fast-growing interest to invest federal higher education dollars into very-short-term credentials, we explore what the research does—and does not— show us about such credentials’ utility in the labor market. With concerns about equity, our review of the literature guides us towards caution, as a strong push for short-term certificates may run the risk of reifying socioeconomic stratification.

From DSC:
I wonder…will accreditation move towards the use of crowd-sourced methods? Similar to rating one’s driver or one’s experience with a product, will microcredentials get into more reviews and recommendations from the users of various learning/training-related sites and services?

Will users of a service comment on whether the credential helped them (with a salary increase, with practical knowledge, with an expanded scope of projects at work, etc.)?

21 jobs of the future: A guide to getting — and staying — employed over the next 10 years — from cognizant.com and the Center for The Future of Work

Excerpt:

WHAT THE NEXT 10 YEARS WILL BRING: NEW JOBS
In this report, we propose 21 new jobs that will emerge over the next 10 years and will become cornerstones of the future of work. In producing this report, we imagined hundreds of jobs that could emerge within the major macroeconomic, political, demographic, societal, cultural, business and technology trends observable today, e.g., growing populations, aging populations, populism, environmentalism, migration, automation, arbitrage, quantum physics, AI, biotechnology, space exploration, cybersecurity, virtual reality.

Among the jobs we considered, some seemed further out on the horizon and are not covered here: carbon farmers, 3-D printing engineers, avatar designers, cryptocurrency arbitrageurs, drone jockeys, human organ developers, teachers of English as a foreign language for robots, robot spa owners, algae farmers, autonomous fleet valets, Snapchat addiction therapists, urban vertical farmers and Hyperloop construction managers. These are jobs that younger generations may do in the further off future.

Also see:

Here are the top 10 jobs of the future — from bigthink.com by Robert Brown
Say hello to your new colleague, the Workplace Environment Architect.

Excerpt:

6. Algorithm Bias Auditor – “All online, all the time” lifestyles for work and leisure accelerated the competitive advantage derived from algorithms by digital firms everywhere. But from Brussels to Washington, given the increasing statutory scrutiny on data, it’s a near certainty that when it comes to how they’re built, verification through audits will help ensure the future workforce is also the fair workforce.

Chip funding of $50B would boost domestic jobs in construction, design, study says [Hamblen]

On 05/20/2021, in business, computer science, economics, legislatures / government / legal, marketplaces, society, workplace, by Daniel Christian

Chip funding of $50B would boost domestic jobs in construction, design, study says — from fierceelectronics.com by Matt Hamblen

Excerpt:

A new study projects a $50 billion federal investment in domestic chip plants would create 185,000 temporary American jobs and add nearly $25 billion to the U.S. economy each year until 2026 as new fabs are built.

The semiconductor industry currently employs 277,000 people in 49 states in the U.S. and supports 1.6 million U.S. jobs, according to the study by the Semiconductor Industry Association and Oxford Economics. In 2020, the industry’s total impact on the U.S. economy surpassed $246 billion.

Digital Dollar Project to launch five U.S. central bank digital currency pilots [Price]

On 05/03/2021, in business, economics, society, tools, United States, by Daniel Christian

Digital Dollar Project to launch five U.S. central bank digital currency pilots — from datafloq.com by Michelle Price

Excerpt:

WASHINGTON (Reuters) – The U.S. nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a U.S. central bank digital currency, the first effort of its kind in the United States.
…
A partnership between Accenture and the Digital Dollar Foundation, the Digital Dollar Project was created last year to promote research into a U.S. central bank digital currency (CBDC).
…
CBDCs are the digital equivalent of banknotes and coins, giving holders a direct digital claim on the central bank and allowing them to make instant electronic payments.

Blockchain 50 2021 [del Castillo]

On 04/15/2021, in 21st century, Blockchain, business, change, corporate / business world, economics, entrepreneurship, global / globalization, workplace, by Daniel Christian

Blockchain 50 2021 — from forbes.com by Michael del Castillo
(From DSC: I missed this one…yet wanted to get this out there.)

Excerpt:

No longer dismissed as a haven for criminals and drug dealers, Bitcoin and blockchain have gone mainstream. Bitcoin’s 2020 surge grabbed the attention of C-suite executives worldwide; not only are companies employing the technology underlying Bitcoin to perform tasks such as reconciling invoices and verifying product provenance, but dozens are now holding Bitcoin as a treasury asset. Our third annual Blockchain 50 features companies that lead in employing distributed ledger technology and have revenue or a valuation of at least $1 billion. Twenty-one newcomers—including the world’s largest bank, the Industrial and Commercial Bank of China, and four others from Asia—make their debut. They take the spots of such U.S. companies as Facebook, Google, Amazon and Ripple, all of whom are still active in blockchain but kept lower profiles in the space over the past 12 months.

Learning Ecosystems

Report Finds US Workers Lagging in Digital Skills [Mello]

All aboard: Bitcoin’s rise inspires even big banks to staff up on crypto talent [Anders]

What will lawyers, judges, & legislators need to know about Bitcoin, Ethereum, and other cryptocurrencies? [Christian]

National Disability Employment Awareness Month 2021

El Salvador will become the first country to accept bitcoin as currency

College Was Supposed to Close the Wealth Gap for Black Americans. The Opposite Happened. [Ensign & Shifflett]

The Short-term Credentials Landscape [Ositelu, McCann, & Laitinen]

Chip funding of $50B would boost domestic jobs in construction, design, study says [Hamblen]

Digital Dollar Project to launch five U.S. central bank digital currency pilots [Price]

Blockchain 50 2021 [del Castillo]

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