Megatrends | September 25, 2022 — by Michael Moe, Tim Juang, Owen Ritz, & Kit Royce

“The trend is your friend.” – Martin Zweig

“Follow the trend lines, not the headlines.” – Bill Clinton

“In order to be irreplaceable, one must always be different.” – Coco Chanel

“I don’t set the trends. I just find out what they are and exploit them.” – Dick Clark

Megatrends are powerful technological, economic, and social forces that develop from a groundswell (early adoption), move into the mainstream (mass market), and disrupt the status quo (mature market), driving change, productivity, and ultimately growth opportunities for companies, industries, and entire economies.


.

The metaverse is not a vertical trend; it’s a horizontal trend that will impact sectors ranging from healthcare, education, socialization, entertainment, commerce, and more.

 

Per Adobe today (emphasis DSC):

And we’re live! Starting 9:30am pst on Adobe Live’s YouTube Channel

After years of partnering with the Creative Cloud YouTube channel to bring our community inspiration and advice, Adobe Live will be streaming to our own YouTube channel (+Behance!) starting 9/6! This gives the Adobe Live team an exciting opportunity to connect closely with YOU, our community, through tailored content, YouTube’s community tab and, of course, LIVE streams.

Make sure to subscribe to the Adobe Live channel NOW!
.

Adobe Live is now on YouTube -- as of 9-6-22

 

EdTech Giant Unacademy Launches 50 New Channels On YouTube To Democratise Online Education — from edtechreview.in by Shalini Pathak

Excerpt:

Unacademy, an Indian EdTech unicorn and one of the leading online learning platform, has recently launched 50 new education channels on Google-owned YouTube. The channels significantly help in increasing accessibility for millions of learners across academic and non-academic categories.

Few of these 50 channels are built on the existing content categories as offered by Unacademy. They mark Unacademy’s foray into newer terrains such as ‘Tick Tock Tax’- to simplify the direct and indirect tax concepts, and Life After IIT – a platform to crack JEE and discuss success stories of top rankers.

 

State of the Global Workplace: 2022 Report — from gallup.com

This annual report represents the collective voice of the global employee. In this edition, the pandemic and its aftershock continued to disrupt the workplace. Check out the most recent employee data and workplace trends in the State of the Global Workplace: 2022 Report.

Explore Key Findings
The pulse of the global workplace is low, but it’s still beating. Our findings depict a difficult 2021, but leave much room for leaders to ask, “How am I creating a thriving workplace for my employees today?”

  1. Global engagement and wellbeing trends are stable, but low.
  2. Employee stress is at a new all-time high.
  3. South Asian and European workers’ hope declined.
  4. Here’s the one place the job market recovered.
  5. Despite challenges, this is the best region to be a worker.
  6. The global economy loses trillions to low engagement.

Also relevant/see:

Job unhappiness is at a staggering all-time high, according to Gallup — from cnbc.com by Leah Collins

Key Points:

  • The job market continues to boom, with millions of workers still leaving their jobs each month despite talk of a slowing economy and recession.
  • Also booming, according to Gallup polling, worker disengagement and unhappiness.
  • This is not just an HR issue but a bottom line one as well: business units with engaged workers have 23% higher profit, while employees who are not engaged cost the world $7.8 trillion in lost productivity, equal to 11% of global GDP.

The Backlash Against Quiet Quitting Is Getting Loud — from wsj.com by Kathryn DillFollow and Angela YangFollow
First came the viral phenomenon. Now critics are taking to task those who advocate for coasting on the job.

2 years of pandemic, war, and climate crisis have made many Americans rethink work as just ‘silly little jobs’ — from businessinsider.com by Juliana Kaplan

Work smarter, not harder: Gen Z is driving the ‘quiet quitting’ trend — but is it as negative as it seems? Young professionals are weighing in — from linkedin.com by Gianna Prudente

The anti-work movement — from axios.com by Erica Pandey

What’s happening: This is a rebellion against the “rise and grind” ethos.

The rising approach is to work to live, instead of live to work. Don’t leave your job — but focus on fun, fulfilling activities outside of work while staying on the payroll.

Execs anticipate job cuts — from linkedin.com by Joseph Gobran

Excerpt:

Business leaders are seemingly optimistic right now. More than 83% of CEOs are focusing business strategy on growth as just 30% see recession as a serious risk within the next year, according to a recent PwC survey of over 700 executives in the U.S. It’s a cautious optimism — companies are still preparing for economic risks. About 50% of CEOs plan on reducing company headcount and 44% plan on rescinding job offers. Despite potential cuts, 64% of execs said they plan on raising salaries for current employees.

 

Yale Study: Vast Majority of High Schoolers Unhappy at School — from fee.org by Kerry McDonald
The Yale findings echo previous conclusions about young people’s attitudes toward school.

Excerpt:

Most high school students are not happy at school. A new study by Yale researchers finds that nearly three-quarters of high schoolers report negative feelings toward school. The study surveyed more than 20,000 high school students in all 50 US states and found widespread dissatisfaction at school across all demographic groups, with girls reporting slightly more negative emotions than boys. According to Yale co-author Zorana Ivcevic,

It was higher than we expected. We know from talking to students that they are feeling tired, stressed, and bored, but were surprised by how overwhelming it was.

From DSC:
If you were to have polled him during his ninth through eleventh-grade years, our son would have been one of the very disgruntled students going through high school. His senior year was spent doing exactly what he wanted to be doing — and he was much happier, more engaged, and more motivated to learn the material. He was also around an entirely different student body his senior year — where students were there because they wanted to be there and they were all pursuing their craft.

Fast forward a couple of years, and he actually enjoyed a good deal of his learning experiences this summer and he’s really looking forward to his film and acting classes this fall. It’s amazing the amount of energy and determination/interest that gets unleashed when the motivation is intrinsic.
.

Learners need: More voice. More choice. More control. -- this image was created by Daniel Christian

Also from fee.org by Kerry McDonald:

.
9 Digital Etiquette Tips — from techlearning.com by Lisa Nielsen
Teaching proper digital etiquette to students starts with modeling it

Excerpt:

It’s undeniable that the pandemic changed the way we teach, learn, work, and live, but when some people returned to in-person learning and their schools, it seemed they could use some advice on digital etiquette for the new, and extremely connected, world in which we are now operating. This is a world where at any time you may be meeting or teaching in-person, via video, phone, or a combination thereof at the same time.

While adapting was easier for some, others could use a bit of help. For those people, you may want to share or discuss these tips with them.

A Guide To Design Thinking For Kids — from edtechreview.in by Saniya Khan

Excerpt:

The concept is active and inclusive. What’s more, children embrace design thinking with enthusiasm. Across the globe, schools are embracing design thinking as a new way to learn and increase student participation. It should be on our education agenda. Of course, this is more complicated than standard repackaged evaluations. However, conceptual thinking gives children golden opportunities for commitment and creativity, two prerequisites for true learning.
.

 

How Accredible Makes Learning Credible — from gettingsmart.com by Tom Vander Ark

Key Points

  • To increase the value of credentials, Accredible launched Spotlight Directory.
  • This allows issuers to provide a home base for people that hold their credentials.

Excerpts:

Learners store credentials in their Accredible wallet and can incorporate them into their LinkedIn profile.

To increase the value of credentials, Accredible launched Spotlight Directory which allows issuers to provide a home base for people that hold their credentials. For example, the Hootsuite Certified Professionals Directory showcases everyone that has earned a Hootsuite credential.

The faster the world of work changes, the more the transcripts lose signal value and the more we need finer grained and more dynamic ways of communicating capabilities.

Tom Vander Ark


Addendum on 8/22/22:

What parents should say to teachers (according to teachers) — from washingtonpost.com by Elizabeth Chang

Excerpt:

“Parents are often surprised by stories of other parents’ treatment of teachers,” wrote Margaret Flaherty, 42, a high school English teacher at a public school in Byfield, Mass. “When I share some of the things parents have said or written to me, mouths go agape. They can be mean. Very mean. And we are so tired. Start with assuming good intentions and take it from there.”


 

L&D Go Beyond Podcast: Bridging the Gap between Learning and Performance, with Charles Jennings — from upsidelearning.com by Gabriella Daniels

Excerpt:

Often, there is a vast gap between learning and performance in many organizations. Given Charles’ experience in the field, here are the key takeaways from this episode:

  • Identifying the difference between schooling and learning and the business paradigm and the learning paradigm
  • Learning through experience, practice, conversation, and reflection
  • Looking at ‘learning for performance’ in a holistic way
  • Recognizing the purpose of learning
  • Understanding the relevance and application of training
  • Uncovering the aspects of 70:20:10 or the performance-based learning methodology
  • Determining learning through observation
  • Moving from a learning-based culture to a performance-based culture
  • Working with stakeholders to define performance metrics
  • Conducting a performance analysis before every L&D project

Training with Branching Scenarios — from christytuckerlearning.com by Christy Tucker
You can do live training with branching scenarios using full group discussions, polls, small groups, or assignments.

Excerpt:

How do you use branching scenarios in instructor-led training, rather than self-paced elearning? I think there are a couple of possibilities for doing live training with branching scenarios. These could work for either classroom-based training or vILT (virtual instructor-led training). For example, you can use branching scenarios in training as a full group with discussion or polls, in small groups, or outside of class as a discussion prompt.

Learning Content Maintenance: Don’t Skip This Essential Step — from learningsolutionsmag.com Adam Weisblatt

Excerpt:

L&D departments get bombarded with requests for new content, and they are reward for their responsiveness. As soon as one eLearning module is completed and loaded in the LMS, it is forgotten and the next course in the queue is started. Multiply this by all the organizations that share the LMS. The result is a catalog of thousands of courses that no one has time to look at.

It is important to see this from the perspective of the learner.

Second Career Satisfaction — from learningsolutionsmag.com by Natalie Schoof

Excerpt:

Hey teachers: In case you didn’t realize it, you’re an instructional designer.

I attended a conference (Learning Solutions 2022) where I met two other former teachers, who, like myself, had recently transitioned from the classroom to the field of instructional design (ID). We instantly bonded over our shared experiences—the rewards and challenges of teaching, of course, but also why and how we decided to move on.

Our stories had striking resemblances. I’m sharing mine here in the hopes that it might encourage other would-be instructional designers.

 

An Overseas Ed-Tech Firm Wants to Buy 2U. What Could That Mean for Colleges? — from chronicle.com by Taylor Swaak

Excerpt (emphasis DSC):

What happens to a college’s online programs if the company operating them changes hands? It’s a question on the minds of higher-ed leaders as an overseas ed-tech company attempts to buy 2U. 

Byju’s, an ed-tech behemoth based in India, has put more than $1 billion on the table to acquire the online program manager, Bloomberg first reported late last month. 2U is one of the largest online-program managers, or OPMs, in the United States, known for scaling up online-degree programs and teaming up with more than 130 American colleges, including large institutions such as Arizona State, New York, and Syracuse Universities. It’s also the parent company of the online-course provider edX.

 

 

Why Infosys’s cofounder Nilekani is urging leaders to use tech for good

Why Infosys’s cofounder Nilekani is urging leaders to use tech for good  — from mckinsey.com by Gautam Kumra
The cofounder of the multinational IT company believes Indian start-ups will soon develop technologies to transform education, healthcare, and other social challenges.

Excerpts:

McKinsey: The world has also become a more complex place, with recent geopolitics, inflation complexity, rocketing energy prices, excessive liquidity, and digitization challenges. How do you personally keep adapting and learning?

Nandan Nilekani: In the last 40 years, I think we have gone through every transition: mainframes to minicomputers to LANs [local area networks] to internet to smartphones to AI. It has been fun understanding and riding these waves.

In my view, if a billion people can use something, then that’s a benefit. A billion people can learn using technology. A billion people can get better healthcare using technology. A billion people can move around and change jobs using technology.

From DSC:
I hope I can meet Nandan Nilekani someday. I feel that he is a kindred spirit. Several things that he said really resonated with me.

 


Ways that artificial intelligence is revolutionizing education — from thetechedvocate.org by Matthew Lynch

Excerpt:

I was speaking with an aging schoolteacher who believes that AI is destroying education. They challenged me to come up with 26 ways that artificial intelligence (AI) is improving education, and instead, I came up with. They’re right here.


AI Startup Speeds Healthcare Innovations To Save Lives — from by Geri Stengel

Excerpt:

This project was a light-bulb moment for her. The financial industry had Bloomberg to analyze content and data to help investors uncover opportunities and minimize risk, and pharmaceutical, biotech, and medical device companies needed something similar.



 

Also relevant/see:

What is Norton Rose Fulbright’s LX Studio? — from artificiallawyer.com

Excerpts:

‘From tiny acorns, mighty oak trees grow’ so the saying goes, and it’s fair to say that US-based LX Studio, the new innovation project of global firm Norton Rose Fulbright (NRF), is very much still an acorn – but it has plenty of potential.

Artificial Lawyer spoke to Jeff Cody, Managing Partner for the US side of 3,700-lawyer NRF, which was formed by the merger of the UK’s Norton Rose and America’s Fulbright & Jaworski in 2013, to find out some more.

But, with a more optimistic outlook one might say that this is a beginning; and that although the US is home to many pioneering legal tech companies and ALSPs, the reality is that few law firms in the US have dedicated innovation groups which mirror the full range of what NRF has in the UK, for example.

NRF Transform -- global legal operations

 
 

The 2022 L&D Global Sentiment Survey — from donaldtaylor.co.uk by Donald Taylor

Excerpt:

This year’s L&D Global Sentiment Survey, the ninth, shows L&D at a turning point, as the result of two forces. One is the demands of organisations, as they emerge from the pandemic, for more training delivery, very often with unchanged or reduced resources for L&D. The other is the need to deal with the emergency measures put in place in 2020 to deal with the immediate impact of COVID-19.

This sense of practitioners being under pressure is amply illustrated by responses to the free text question ‘What is your biggest L&D challenge in 2022?’ 40% of respondents answered, with the answers painting a picture of practitioners being asked to do more, in difficult circumstances, to support the learning of overworked employees and uninterested employers.

It is tempting to see this as a return to business-as-usual for L&D. Hasn‘t it always been the case that the department needed to fight for the attention of both executives and employees? Behind this undeniable reality, however, there are definite signs of longer-term trends emerging.


 


 

SXSW EDU Launch Winner Our Worlds Bringing Native American Culture to Life Through Mobile-Based Immersive Reality — from the74million.org by Tim Newcomb

Excerpt:

Take a stroll along the La Jolla Shores Beach in San Diego, and you might find sand between your toes. But users of the new Our Worlds app, winner of the 2022 SXSW EDU Launch Competition, might also find much more. Through augmented reality, they can look at that same stretch of beach and see handmade tule boats from the local Kumeyaay tribe.

Our Worlds launched to highlight Native American history via modern-day technology, putting what founder and CEO Kilma Lattin calls “code to culture” and pushing Native American civilization forward. Lattin says Our Worlds offers a full suite of technology — virtual reality, augmented reality, artificial intelligence — to capture all the components that make a culture.

 

Apple’s first AR/VR headset inches closer to launch — from protocol.com by Nat Rubio-Licht
The company reportedly showed off the device to board members as it makes progress on the headset’s operating system.

Camp K12 Launches Hatch Kids, a Metaverse & AR/VR Creation Platform for Kids — from edtechreview.in by Stephen Soulunii

….

 

 

Entrepreneur Education Platform GeniusU Raises $1.5M Seed Funding at $250M Valuation — from edtechreview.in ed by Stephen Soulunii

Excerpt (emphasis DSC):

Genius Group has recently announced that its EdTech arm, GeniusU Ltd, has raised $1.5 million in a seed round to support the development of its Genius Metaversity virtual learning plans.

With the fresh funding, GeniusU plans to extend its courses and programs to interactive learning environments in the metaverse, with students and faculty connecting and learning in global classrooms and virtual 3D environments. It also plans to integrate each student’s AI-based virtual assistant ‘Genie’ into the metaverse as 3D virtual assistants that accompany each student on their personalized journey and integrate its GEMs (Genius Education Merits) student credits into the metaverse. GEMs are earned by students as they learn and can be spent on products and services within GeniusU and counting towards their certifications.

 

Is the virtual courtroom the future of the justice system? — from deseret.com by Zakary Sonntag
Video proceedings have increased court access but raised questions of rights amid case backlog

Excerpt:

The justice system in Utah is straining under the weight of an immense backlog of criminal cases, especially serious felony cases, leaving many defendants to languish in custody as additional filings continue to accumulate.

The buildup began in 2020 after the Utah Supreme Court ordered the shutdown of in-person proceedings in response to the coronavirus, which left attorneys and judges to hash out settlements through a remote, Webex court process.

The pandemic’s impact on the legal sector and what emerging lawyers need to know — from timesofindia.indiatimes.com by Roma Priya

Excerpt:

For aspiring lawyers and law school graduates who have commenced practice recently, one of the best ways to stay relevant is to upskill yourself. Apart from the legal industry-related skills as a lawyer, such as in-depth knowledge about clients, the law, and other subjects, communication skills, problem solving and analytical skills, and tech skills are crucial. 

Today, digitally-savvy lawyers are in high demand as technology continues to evolve and progress. And as the Indian Judiciary System gradually acquaints itself with cutting-edge technologies, emerging lawyers must do the same.

About one-fifth of lawyers and staffers considered suicide at some point in their careers, new survey says — from abajournal.com by Debra Cassens Weiss

A new survey of lawyers and staff members hailing mostly from BigLaw has found that anxiety, depression and isolation remain at concerning levels, despite a slight decrease in the percentages since the survey last year.

When is a legal department ready to transform? — from advisory.kpmg.us by Eric Gorman, Kimberly Majure, and Jeff Ikejiri
Explore the catalysts for change

…legal departments that identify and agree on a motive to change, and then are alert for opportunities to act, are legal departments that are ready to transform.


From DSC:
I saw the link to LitSoftware at the posting entitled, Three Lessons In Persuasive Trial Technology (from legaltechmonitor.com by Stephen Embry)..  I thought it offered some interesting software:

 


The Top 3 Legal Technology Trends of 2022 — from lexology.com by Sean Heck

Excerpts:

  1. Web-Based Contract Management Tools for Remote Legal Operations
  2. Online, Web-Based Document Editing
  3. Contract AI With Machine Learning for Intelligent CLM

Litera legal survey shows that technology is driving change in all aspects of M&A practice — from canadianlawyermag.com by Annabel Oromoni

Excerpt:

The global pandemic and the increasing reliance on technology to facilitate remote legal work and collaboration have accelerated the legal profession’s interest in technology-based solutions. A recent survey by Litera, a legal tech company, revealed that technology significantly impacts M&A practices in law firms.

Litera’s survey included insights from over 200 lawyers whose practices focus on M&A in the United States, the United Kingdom, and Canada.

David Curle, legal content and research lead at Litera, says the legal profession is fragmented, and Litera sought to receive responses about technology use, adoption, and spending from M&A lawyers specifically.

6 Types of Software for Your In-House Legal Team Needs — from jdsupra.com

Excerpt:

Most legal teams rely heavily on documents and communication for their work, and handling all the related operations may not be as simple as you would like it to be. Unless you change your approach to document management and start exploring tech solutions that improve team efficiency.

Automation software has helped many businesses and departments streamline all or most of their operations and improve their efficiency. The same can be done for a legal team.

In this article, let’s focus on the types of automation software for in-house counsel along with some of the top examples.


Addendum later on 5/11/22:

ANALYSIS: Lawyers’ Top Legal Tech Tools—And Biggest Blind Spots — from news.bloomberglaw.com by Racheal Pikulski, Princess Onyiri, and Lida Ouyang


Addendum later on 5/11/22:

 

The Pros and Cons of Developing AI-Powered Corporate Training Videos with Synthesia — from blog.commlabindia.com by Saritha Esaboyuna
Synthesia is a game-changing invention that uses AI (Artificial Intelligence) to generate videos from text inputs. It enables designers to not only natively localise content but also to create and update existing films.

Excerpt:

You don’t need an editing studio, expensive equipment, or a high-end video editing program to design a video. All you need is Synthesia. Actors, cameras, and microphones are no longer required! You can produce high quality AI-enabled videos in over 50 languages just by adding text with Synthesia.

 

Also see:

From DSC:
Teachers and faculty members might want to try this out as well — especially if you have multiple languages being spoken in your classroom. And/or perhaps IT Departments and Help Desks could look at this as well.

 

 
© 2024 | Daniel Christian