3 major trends affecting ed tech companies — from highereddive.com by Natalie Schwartz
We reviewed what executives said during their latest earnings calls to better understand patterns in the growing sector.

Excerpts:

Earlier on the call, he said Coursera’s entry-level certificates — which are developed by the likes of Facebook, Google, IBM, Intuit and Salesforce — attracted more than 2 million student enrollments since 2018.

“New entrants to the sector, such as corporations and online education companies, will offer genuine competition to traditional colleges, especially as pricing becomes more of a focus,” analysts wrote in the report. 

Several ed tech companies are seeing returns from efforts to work with companies to train their employees.

Officials at Udemy, a major MOOC platform that went public in October, said during a call with analysts in early December that their work with companies now accounts for 39% of their revenue – up from 23% a year ago.

 

From DSC:
I’m not saying not to go there…but one has to be very careful when dealing with cryptocurrencies. As the items below show, you can mess up…big time.

From DSC:
And that bit about the decimal point is key! I tried to locate an article that I recently read that described how one person lost hundreds of thousands of dollars because he misplaced the decimal in his asking price for a cryptocurrency. It was worth hundreds of thousands of dollars, but he said that his big thumbs got in the way. He mistyped the asking price and hit the Enter key before he recognized his mistake. He sold the cryptocurrency for a fraction of its real value. In that case, one would hope that the buyer would extend some grace and readjust the price. But that didn’t happen in this case. Ouch!


From DSC:
Again, I’m not saying that this area may not represent an enormous new, impactful, prosperous wave to ride. But I need to do a whole lot more learning before I feel comfortable jumping into this ocean.

That said when I read the quote below…I wondered:


 

 

Digital Learning Talent In Demand & More 2022 Hiring Trends — from teamedforlearning.com
2022 Hiring Trends in digital learning put job seekers in the driver’s seat. Learn how to use these trends to your advantage in education or corporate L&D.

Excerpt:

Now is an amazing time to look for a job in digital learning. The events of the last few years have boosted the demand for digital learning experts in all areas. That includes corporate L&D, higher ed, K-12, edtech, and commercial e-learning. As more organizations embrace a digital learning model, the demand for talent will continue to grow. The 2022 Hiring Trends in Digital Learning are all headed in one direction: up.

Our work connecting talented digital learning professionals with the organizations that need their skills has given us a sneak peek at the 2022 hiring trends in digital learning. And we’re ready to share those insights with you. Here’s what you need to know if you’re a job seeker in the digital learning industry.

 

A Review of Online Learning in 2021 — from tonybates.ca by Dr. Tony Bates

Excerpt:

In terms of online learning, there has been considerable progress. We learned a lot about online learning during Covid-19, and while not all these lessons were good, the landscape of teaching and learning has altered, in general for the best. It’s these developments that I want to discuss in my review of the year.

I will draw heavily on my summary of research reports on Covid-19 and emergency remote/online learning.

 

If the vision of the “Web3” comes to fruition, how might these developments impact the future of lifelong learning? [Christian]

The next age of the internet could suck power away from Big Tech while living on the same backbone as cryptocurrencies. Here’s what to know about Web3. — from businessinsider.com by Katie Canales

Excerpts (emphasis DSC):

  • Web3 is the next generation of the internet and will exist on the blockchain.
  • It will be decentralized, meaning it won’t be controlled entities like Facebook or Google.
  • Twitter, GameStop, Reddit, and VC firm a16z are all putting resources into building Web3.

One aspect of the metaverse is that users will hopefully be able to go virtually from platform to platform with one single account — just like we will in Web3. 

And NFTs, one-of-a-kind tokens representing your ownership of a virtual good, could be more easily bought and sold with cryptocurrencies within a space like Web3. 


From DSC:
How might “Web3” translate into the future of lifelong learning? Here’s one vision/possibility:

There could be several entities and services feeding one's cloud-based learner profile

Each person would have a learner profile/account that could seamlessly log into multiple education/training providers’ platforms and services. The results of that learning could be stored in one’s cloud-based learner profile. This type of next-generation learning platform would still need subject matter experts, instructional designers, programmers, and other team members. But the focus would be on building skills — skills that an artificial intelligence-backed interface would demonstrate are currently being requested by the modern workplace.  This constantly-being-updated list of skills could then link to the learning-related experiences and resources that people could choose from in order to develop those skills.

The following vision/graphic also comes to my mind:

Learning from the living class room


 

The Humanities May Be Declining at Universities — But They’re Thriving on Zoom — from edsurge.com by Rebecca Koenig

Excerpt:

Throughout the pandemic, versions of this close-reading conversation have taken place week after week. Organized through new nonprofits and small startups including the Catherine Project, Night School Bar and Premise, they bring together adults who want to spend their free time talking to strangers about literature and philosophy.

It sounds at first like an ambitious book club—except for the fact that many of these seminars are organized and led by college professors, some so eager to participate that they do it for free.

“Mostly it’s a way for them to do a kind of teaching they can’t do at their regular jobs,” explains Zena Hitz, founder of the Catherine Project and a tutor (faculty member) at St. John’s College in Annapolis, Maryland.

From DSC:
I’ve often thought that online-based learning may be the thing that saves the liberal arts (i.e., available throughout one’s lifetime and would be far less expensive). It would be ironic though, as many liberal arts institutions have not been proponents of online-based learning.

 

EDUCAUSE 2022 Top 10 IT Issues — from educause.edu

EDUCAUSE's 2022 Top 10 IT Issues

 

EDUCAUSE's 2022 Top 10 IT Issues

Excerpt (emphasis DSC):

The EDUCAUSE 2022 Top 10 IT Issues take an optimistic view of how technology can help create the higher education we deserve —through a shared transformational vision and strategy for the institution, a recognition of the need to place student success at the center, and a sustainable business model that redefines “the campus.”

See the 2022 Top 10 IT Issues

Almost two years into a global pandemic, it’s clear the higher education we knew will never return and now we can focus on getting the higher education we deserve.

 


From DSC:
I’m assuming that the we in the we deserve (as highlighted above) includes the students, as *the students* are the ones who most need for things to change.

That said, I’m doubtful such profound change will occur within higher education as it stands today. The existing cultures may prevent such significant and necessary change from occurring — and higher ed isn’t used to dealing with the current exponential pace of change that we’re experiencing. Plus, the downward spirals that many institutions are in don’t always allow for the new investments, programs, and/or experiments to occur. But who knows? When institutions of traditional higher education have their backs pressed up against the walls, perhaps such institutions and the people within them will be forced to change. There are innovative individuals and institutions out there. (I’m just not sure how much they’ve been listened to in many cases.)

To help students truly succeed means to change one’s core products/services — one’s story. But higher ed loves to play around the edges…rarely letting the core products/services get touched. 

To me, student success includes having students pay far less and, while still getting a solid liberal arts education/foundation, can get solid jobs immediately upon graduation. At least that’s my hope as we head into 2022. 

But what student success looks like may be different in the future.

Perhaps in 5 years, we will have moved much more towards a lifelong learning situation. Individuals may have joined a global, next-generation learning platform whereby one teaches for X minutes of the day, and learns for Y minutes of that same day. AI-based dashboards let people know which skills are in high demand, and then offer a menu of choices for how to acquire those skills.

A couple of lasts comments:

  • Being data-driven won’t save an institution. Vision might. But being data-driven has its limits.
  • The digital transformations being talked about within institutions of traditional higher education may be too little, too late. This conversation should have taken place a decade or more ago. (I think I just heard an “Amen!” from some folks who used to work at Blockbuster. They didn’t think a transformation was necessary either….but they learned their lesson the hard way. We should have learned from their situation…a long time ago. And I’m sure that you can think of other examples as well.)

 

Teaching in the ‘Metaverse’? Roblox Looks to Make It a Reality — from edweek.org by Benjamin Herold
With millions in new grants to STEM organizations like Project Lead the Way, the gaming platform is moving into K-12 education.

Excerpts:

Hoping to expand its presence in K-12 schools, gaming company Roblox announced this month a new $10 million fund to support the creation of online learning experiences that take advantage of its platform’s unique way of letting users play, explore, and socialize in an endlessly evolving virtual world.

Roblox aims to play a major role in the emerging metaverse. Expanding into classroom education is a key vehicle for making that happen, Kantar told investors at a November conference. The company’s stated goal is to reach 100 million students worldwide by the end of the decade.

Making such inroads with K-12 schools, however, is no sure bet.

Also see:

Roblox Education

 

Will Microcredentials be the Rx Needed to Fix Our Ailing Degree Systems? — from evolllution.com by David Leaser | Senior Program Executive of Innovation and Growth Initiatives, IBM
Amidst the dramatic social and economic upheaval caused by the pandemic, microcredentials are presenting themselves as the viable solution to getting learners prepared quickly and effectively for desperately needed jobs. 

Excerpts:

Pace of Change Accelerates Beyond Our Wildest Imagination 
But the world of work is changing at a pace that traditional education systems cannot match. Cloud computing, big data and AI technologies are replaced or improved monthly—and often faster than that.

The U.S. college system is organized around an all-or-none framework: You only get a credential after completing the entire learning path.  But when a large number of students cannot commit to a long-term commitment (the situation we have faced for decades), shouldn’t we break the learning down into credentials along the way?

The MicroBachelors: A Major Win for Credential As You Go
Today, most microcredentials provide the opposite of college degrees: high skill-signal strength but low social-signal strength.

MicroBachelors programs are a series of college classes that have been customized and grouped together to meet employers’ real-world needs. The programs typically take two to four months to complete and provide credentials and college credits.

 

 

 

Got Teacher Burnout? Launch A Microschool — from forbes.com by Kerry McDonald

Rather than abandoning their passion for teaching, some educators are discovering that they can do what they love and avoid the bureaucracy and stress of a conventional classroom by starting their own microschools.

Microschools are modern twists on the quaint, one-room schoolhouse model, where small, multi-age groups of students learn together in more intimate educational settings, such as private homes, with individualized attention from adult educators and facilitators. Interest in microschools accelerated over the past year, as school shutdowns led parents to consider home-based “pandemic pods” to help their children learn in small, safe groups. 

 

VRJAM -- the metaverse platform for music

The VRJAM metaverse platform is coming to transform the world of live entertainment 

VRJAM, the UK’s leading creator of live music experiences in virtual reality, today teased the launch of the VRJAM platform, a revolutionary new metaverse events platform and NFT creation solution. 

To bring the VRJAM metaverse platform to life, VRJAM has partnered with market leading NFT software developer Enjin.io to launch a rich virtual reality world that offers a host of new solutions for artists to render and monetize their music and live shows in amazing new ways using NFT’s, blockchain and immersive technology.  

The VRJAM platform promises to open up completely new ways for both fans and artist to experience live music events and represents the next step in the evolution of live music. 

Ownership of this virtual world will be shared by a guild of globally recognised artists and record labels who will cooperate to create value and define new possibilities for music inside the metaverse. 

VRJAM’s metaverse platform offers solutions for true live performance using technology that is years ahead of other similar platforms. It provides unsurpassed user experience and offers fans, artists and labels an array of unique features:

VRJAM's metaverse -- a vivid virtual world built for music

At the heart of the VRJAM metaverse platform is a blockchain based trading and finance system, VRJAM Coin. This revolutionary new cryptocurrency will create ways for both artists and fans to earn money inside the metaverse and promises to create entirely new business models for artists, venues and labels at a time when their traditional ways of making money have been turned upside down by the Covid 19 pandemic. 

The VRJAM cryptocurrency is backed by investment from 5 of the world’s leading blockchain specialist investment and venture capital firms, demonstrating the exciting potential of VRJAM’s tech.

The VRJAM platform is scheduled to go live in early 2022, follow on social media to stay up to date.


From DSC:
Hmmmmm….might this type of thing spill over into the worlds of teaching and learning? More direct-to-consumer (learner) types of offerings? Will this open up the doors for new methods of earning a living or for  those interested in building a teaching & learning-based brand?

Alternatively, will this impact what actors, actresses, and comedians will be able to do?


Addendum on 12/2/21:


 

From the Paul Weiss Law Firm — back from 2019: A whitepaper re: cryptocurrency

Excerpt:

The development and growth of cryptocurrencies and blockchain technology has implications for many industries, including finance, media, and healthcare. In a series of papers, we will discuss the variety of ways in which cryptocurrencies and blockchains are being used in different fields. This paper, the first in our series of three papers, discusses cryptocurrencies, including how they operate in conjunction with the blockchain and how Bitcoin, the first major cryptocurrency, compares to traditional, fiat currencies.

Cash vs Bitcoin -- a comparison

From DSC:
How might the development of cryptocurrencies integrate in with a next-gen learning platform? Would teams and/or individuals get paid via a cryptocurrency? Hmmm…more learning to do.

It’s interesting to note what Bitcoin (BTC-USD) was trading at in 2017, 2018, and 2019 versus today:

  • In 2017 alone, Bitcoin’s price rose from $973 in January to $5,856 in October, and skyrocketed towards $20,000 by year end.
  • By February 2018, however, Bitcoin had fallen below $7,600.
  • In June 2019, Bitcoin’s price rose to approximately $10,000.

Today:

The huge price increase of Bitcoin -- BTC-USD -- in the last three years

Here’s what some of the other cryptocurrencies were trading at today:

 

Why Do My Webcam And Microphone Not Work? — from techlearning.com by Luke Edwards
Webcam and microphone not work? This is how you can get up and running.

Excerpt:

Webcam and microphone not work? That can be a frustrating situation to be in, especially when you need to teach a class over Zoom or attend a school meeting using Meet. Whatever your video chat platform, without a microphone or webcam working, you’re stuck.

Thankfully, it can often be the case that it’s not a hardware fault with your device but rather a setting issue, which can be relatively easily fixed. So even if you’re in a chat right this minute, frantically scouring the web for a fix and finding yourself here, you may yet join that meeting.

This guide aims to clarify a few areas that should be checked before going into panic mode and heading to your hardware store with the credit card at the ready.

 

 

One Year Later . . . and Counting: Reflections on Emergency Remote Teaching and Online Learning — from er.educause.edu by Stephanie Moore, Torrey Trust, Barb Lockee, Aaron Bond and Charles Hodges

Excerpts (emphasis DSC):

Colleges with significant previous investments in online education, and ones that have worked to embed that experience into the campus’s mainstream, have seen the biggest jumps in enrollment.” In asking the question “When should a college invest heavily in online education?,” Hill concluded: “It seems increasingly clear that the answer is: at least a decade ago.” A view from “one year later” must include consideration of what college and university leaders chose to do years ago, when the decisions that created this reinforcing feedback loop were made.

Then there are the colleges and universities that resisted online learning for years or invested only in very isolated instances. These institutions were less prepared and suffered steeper enrollment and budget declines than their counterparts.

Aesop’s fable “The Oak and the Reeds” offers us ancient wisdom. In the story, the Oak mocks the Reeds that bend in the breezes. But when hit by a hurricane, the Reeds flex with the wind and survive while the Oak is beaten and broken. Some colleges and universities were more like the Oak, stubbornly resisting and finding that they could not resist the hurricane that was the pandemic. Other institutions proved more like the Reeds and were more agile in the winds, allowing flexibility and survival during a time of crisis.

 

 

Why Aren’t Professors Taught to Teach? — from techlearning.com by Erik Ofgang
Professors are experts in their subject matters but many have limited training in actually teaching their students.

Excerpt:

“A lot of faculty are just modeling their instruction after the instruction they’ve received as an undergraduate or graduate student,” says Tanya Joosten, senior scientist and director of digital learning at University of Wisconsin-Milwaukee and the lead of the National Research Center for Distance Education and Technological Advancements.

As a perpetually short-on-time adjunct professor, I understand those who worry about mandatory training and required course reviews, but Pelletier stresses that she’s advocating for a more organic shift and that a top-down approach isn’t best. “That’s not as collaborative and generative as really just embracing that we have these two different kinds of experts, one type of expert is an expert in their subject, and the other expert is an expert in teaching and learning,” she says. More attention is needed to meld these two kinds of expertise. 

From DSC:
It’s not just that colleges and universities are big business — if you have any remaining doubts about that perspective, take a moment to look at this new, interactive database to see what I mean. But it’s also that this type of business often rewards research, not teaching. And yet the students over the last several decades have continued to pay ever-increasing prices for skilled researchers, instead of increasingly skilled teachers. 

Healthcare and higher education face similar challenges and transformations -- costs continue to soar

Image from Inside Higher Ed

 

Would people put up with this with other types of purchases? I don’t think so. I wouldn’t want to…would you?  Would we like to pay for something that we aren’t getting — like paying for all the extra options on a new car, but not getting them?

What goes around, comes around.
But by allowing this to have occurred, a backlash against the value of higher education has been building for years now. In many learners’ minds, they are questioning whether it’s worth taking on (potentially) decades’ worth of debt. At a minimum, the higher the price of obtaining degrees and/or other credentials becomes, the less Return on Investment (ROI) is realized by the learners (i.e., the purchasers of these goods and services). So while getting a degree is often still worth it, the ROI is going down.
And this doesn’t address how relevant/up-to-date the educations are that these learners are receiving, which the employers out there will take issue with.

From an Instructional Designer’s perspective, it isn’t just time that’s the issue here. There continues to exist a tiered hierarchy within higher education. Faculty see themselves as more knowledgeable because they are teaching and because they are the Subject Matter Experts (SMEs). But they are not expert teachers. Many full-time faculty members don’t listen to people who are knowledgeable in the learning science world, and they often don’t value that expertise. (This can be true of administrators as well.) But when a fellow faculty member (i.e., their “true peer” from their perspective) suggests the same idea that Instructional Designers have been recommending for years, they suddenly open their eyes and ears to see and hear this seemingly new, wonderful approach.

Some possible scenarios
Thus, a wave has been building against traditional institutions of higher education — readers of this blog will have picked up on this years ago. Once alternatives significantly hit the radar — ones that get the learners solid, good-paying jobs — there could be a mass exodus out of what we think of as traditional higher education. At least that’s one potential scenario.

For example, if a next-generation learning platform comes along that offers teams and individuals the ability to deliver lifelong learning at 50% or more off the price of an average degree, then be on the lookout for massive change. If professors and/or teams of specialists — those who are skilled in instructional design and teaching —  can go directly to their learners — it could be an interesting world indeed. (Outschool is like this, by the way.) In that scenario, below are two potential methods of providing what accreditation agencies used to provide:

  • Obtaining the skills and competencies being requested from the workplace to “pass the tests” (whatever those assessments turn out to be)
  • Voting a course up or down (i.e., providing crowd-sourced rating systems)

Other possible scenarios
Another scenario is that traditional institutions of higher education really kick their innovation efforts into high gear. They reward teaching. They develop less expensive methods of obtaining degrees. They truly begin delivering more cost-effective means of obtaining lifelong learning and development “channels” for educating people.

And there are other possible scenarios, some of which I could think of and many I would likely miss. But to even ask the solid and highly-relevant question as plainly stated in the article above — Why Aren’t Professors Taught to Teach? — that is something that must be dealt with. Those organizations that use a team-based approach are likely to be able to better answer and address that question.

 
© 2024 | Daniel Christian