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Should Economics classes be looking at the idea of a digital dollar? [Christian]

On 01/17/2022, in 21st century, colleges, community colleges, economics, legislatures / government / legal, platforms, policy, political science, United States, by Daniel Christian

From DSC:
Should Economics classes be looking at the idea of a digital dollar?

The battle for control of the digital dollar — from protocol.com

Excerpt:

After months of delay, the Federal Reserve’s much-awaited report on a digital dollar could be out soon. Federal Reserve Chairman Jerome Powell told the Senate Banking Committee Tuesday that the white paper on a planned central bank digital currency (CBDC) is “ready to go,” possibly in weeks.

But don’t expect a detailed blueprint for an American CBDC. The white paper will be more of “an exercise in asking questions” about how the digital dollar should work, Powell said.

And there are plenty of questions. Some have already sparked a heated debate: How should consumers gain access to the digital dollar? And how much control should the Fed have?

Will a digital dollar lead to “digital authoritarianism”? That’s one of the biggest fears about a digital currency: a Big Brother future where the Fed has the power to track how people spend their money.

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What?!? Is this the kind of world that we want to create for our kids?! [Christian]

On 01/17/2022, in 21st century, 24x7x365 access, Artificial Intelligence/Agents/LLMs/and Related, Asia, change, Daniel S. Christian, data related items, emerging technologies, legal reform, legislatures / government / legal, platforms, policy, political science, privacy, society, the downsides of how people use tech, tools, United States, by Daniel Christian

Feds’ spending on facial recognition tech expands, despite privacy concerns — from by Tonya Riley

Excerpt:

The FBI on Dec. 30 signed a deal with Clearview AI for an $18,000 subscription license to the company’s facial recognition technology. While the value of the contract might seem just a drop in the bucket for the agency’s nearly $10 billion budget, the contract was significant in that it cemented the agency’s relationship with the controversial firm. The FBI previously acknowledged using Clearview AI to the Government Accountability Office but did not specify if it had a contract with the company.

From DSC:
What?!? Isn’t this yet another foot in the door for Clearview AI and the like? Is this the kind of world that we want to create for our kids?! Will our kids have any privacy whatsoever? I feel so powerless to effect change here. This technology, like other techs, will have a life of its own. Don’t think it will stop at finding criminals. 

AI being used in the hit series called Person of Interest

This is a snapshot from the series entitled, “Person of Interest.“
Will this show prove to be right on the mark?

Addendum on 1/18/22:
As an example, check out this article:

Tencent is set to ramp up facial recognition on Chinese children who log into its gaming platform. The increased surveillance comes as the tech giant caps how long kids spend gaming on its platform. In August 2021, China imposed strict limits on how much time children could spend gaming online.

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Thomson Reuters’ Report May Signal Sea Change In Legal Profession [Embry]

On 01/17/2022, in 21st century, 24x7x365 access, change, changing business models, future, game-changing environment, ideas, innovation, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, new business models, by Daniel Christian

Thomson Reuters’ Report May Signal Sea Change In Legal Profession — from techlawcrossroads.com by Stephen Embry

Excerpt:

In a nutshell, the Report demonstrates that to thrive post-pandemic and even survive, lawyers will need to better adopt technology, use better workflows, and make sure work is done by right mix and training, and experience. Otherwise, the work that is piling up during the great talent shortage just won’t get done.
…
More tech, better work process, more remote work, becoming nimble. Bottom line, successful law firms, and lawyers can’t afford business as usual post-pandemic.

Also see:

Thomson Reuters’ Report May Signal Sea Change In Legal Profession

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Isaiah 1:17

On 01/17/2022, in Access to Justice (A2J), ethics, faith, law schools, legal reform, legislatures / government / legal, policy, relationships, religion, society, sociology, United States, by Daniel Christian

Isaiah 1:17

Learn to do right; seek justice.
    Defend the oppressed.
Take up the cause of the fatherless;
    plead the case of the widow.

From DSC:
This verse especially caught my eye as we have severe access to justice issues here in the United States.

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Bored Ape Yacht Club NFT theft shows the ease of hacking crypto [Geron]

On 01/15/2022, in art, business, cryptocurrencies, economics, law schools, legislatures / government / legal, by Daniel Christian

Bored Ape Yacht Club NFT theft shows the ease of hacking crypto — from protocol.com by Tomio Geron
The blockchain puts power in the hands of individual crypto owners — which also makes them targets for criminals.

Excerpt:

The story of an art gallery owner who had $2.2 million worth of Bored Ape Yacht Club and other NFTs stolen is just the latest example of crypto theft, illustrating the vulnerability of buyers as a broader set of consumers venture into the field.

With NFTs, the issue has grown in importance as the market has transformed from a niche hobby to an active market filled with speculators and investors.

Todd Kramer of New York’s Ross+Kramer gallery fell victim to a phishing scam in late December, according to a now-deleted tweet. He stored his NFTs using an internet-connected hot wallet — a less secure method — and a thief made off with 15 digital tokens worth $2.2 million.

From DSC:
How’s the legal field doing here? Law enforcement? Governments? The banking systems?

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6 higher education lawsuits to watch in 2022 [Schwartz]

On 01/13/2022, in faith, higher education, legislatures / government / legal, United States, universities, by Daniel Christian

6 higher education lawsuits to watch in 2022 — from highereddive.com by Natalie Schwartz
We’re keeping an eye on cases including a challenge to affirmative action that could reach the Supreme Court and alleged price fixing by wealthy colleges.

Excerpt:

Several major pending lawsuits have the potential to crumble the pillars of long-standing practices in higher education, including whether colleges can consider race in admissions and whether faith-based institutions can be exempt from a federal sex discrimination law.

Another high-profile case accuses top-ranked colleges of colluding to limit financial aid packages, while still another centers on the messy divorce between Liberty University and its former president, Jerry Falwell Jr.

Also see:

A group of former college students is suing 16 top-ranked private nonprofit universities — including Yale University, Georgetown University and the Massachusetts Institute of Technology — alleging they engaged in a price-fixing scheme that favored wealthy applicants and drove up the price of college. 

Those institutions involved in the lawsuit include:

  1. Northwestern University
  2. Yale University
  3. Georgetown University
  4. Massachusetts Institute of Technology
  5. Brown University
  6. California Institute of Technology
  7. University of Chicago
  8. Columbia University
  9. Cornell University
  10. Dartmouth College
  11. Duke University
  12. Emory University
  13. University of Notre Dame
  14. University of Pennsylvania
  15. Rice University
  16. Vanderbilt University
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Elevate Becomes 1st Law Company to Receive ‘ABS License’ in US [artificiallawyer.com]

On 01/13/2022, in 21st century, 24x7x365 access, change, changing business models, cryptocurrencies, experimentation, ideas, innovation, law schools, Legal operations, legal reform, legislatures / government / legal, programming, United States, vendors, by Daniel Christian

Elevate Becomes 1st Law Company to Receive ‘ABS License’ in US — from artificiallawyer.com

Excerpt (emphasis DSC):

And here’s some late breaking news, which also is about law company, Elevate. The Arizona Supreme Court has granted law company Elevate an ‘Alternative Business Structure (ABS) license’, making Elevate and its affiliated law firm, ElevateNext, a single entity.

This makes Elevate the first non-lawyer-owned law company, LPO, or ALSP in the United States with an integrated law firm. The ABS-licensed firm uniquely positions Elevate to address customer needs that require some aspect of legal practice along with technology, consulting, or services for ‘run the company’ business operations.

Also see:

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7 Technological Breakthroughs That Might Change the Way We Practice Law In 2022 [Maslow]

On 01/10/2022, in law schools, Legal operations, legal technologies, legislatures / government / legal, United States, vendors, by Daniel Christian

7 Technological Breakthroughs That Might Change the Way We Practice Law In 2022 — from legalscoops.com by Jacob Maslow

The face of legal research is changing through artificial intelligence (AI) implementation. ROSS Intelligence uses IBM Watson to do legal research automatically. This is conducted faster than current legal search engines are doing. AI is also used to create and review contracts a real-time-saver for lawyers.

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Lawsuit Addressing Failures to Provide Course Materials to College Students with Disabilities May Head to Supreme Court [Wester]

On 01/10/2022, in accessibility / UDL, law schools, learning, Learning Experience Design, legislatures / government / legal, liberal arts, neurodivergent/special needs, online learning, United States, universities, by Daniel Christian

Lawsuit Addressing Failures to Provide Course Materials to College Students with Disabilities May Head to Supreme Court — from accessibility.com by Daphne Wester

Excerpt:

Students with vision disabilities found themselves unable to participate in coursework in the Los Angeles Community College district when, as a rule of practice, necessary course materials like textbooks and syllabi were not provided in Braille or audio formats. Students, along with disability rights organizations, subsequently filed suit against one of the largest community college districts in the country in 2017, and in 2019 the case was decided in favor of the plaintiffs.

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Aderant Brings American LegalNet Under Its Umbrella [Patrice]

On 01/07/2022, in 21st century, 24x7x365 access, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, by Daniel Christian

Aderant Brings American LegalNet Under Its Umbrella — from abovethelaw.com by Joe Patrice
A busy week for Aderant.

Excerpt:

Aderant, a global provider of business software to law firms, announced yesterday that it acquired American LegalNet, which provides court forms, eFiling, calendaring, and docketing solutions.

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Some potential future scenarios, predictions, trends, and forecasts for the year 2022

On 01/04/2022, in 21st century, 3D, Blockchain, business, career development, change, changing business models, cryptocurrencies, education, education technology, future, future of higher education, game-changing environment, higher education, ideas, immersion, innovation, internet, law schools, legislatures / government / legal, Metaverse, MOOCs -- Massive Open Online Courses, play, society, technology (general), trends, United States, vendors, vision/possibilities, Web3, workplace, XR - extended reality, by Daniel Christian

From DSC:
Below are some items that offer potential future scenarios, predictions, trends, forecasts. and upcoming lawsuits for 2022. These resources provide some interesting fodder for reflection.

10 Forecasts For The Near Future Of Tech & Life As We Know It — from digest.scottbelsky.com by Scott Belsky

The next generation of top talent will have “Polygamous Careers,” transforming the corporate world as we know it. The traditional job market, tax forms, college, and healthcare are all geared for an old world that fails to engage our modern brains…
…
The rise of immersive experiences will mainstream 3D creation. All this metaverse hype will fall completely flat unless such experiences are filled with rich, engaging, 3D, interactive, and personalized content. 3D content creation will become 100x more accessible.

Here’s our cheat sheet for 2022’s tech lawsuits — from protocol.com by Ben Brody
Your guide to a bunch of the Google antitrust cases, where the FTC is with Facebook, what could happen next with Sec. 230 and more.

How fifth graders see the world in 20 years — from hechingerreport.org by Lillian Mongeau, Christina Samuels, Kathryn Palmer, and Chelsea Sheasley
Flying cars, houses on Mars — and hopefully no more Covid or racism

7 higher education trends to watch in 2022 — from highereddive.com by Jeremy Bauer-Wolf
Politics bleeding into college operations, new regulatory action, continued expansion of online ed and more are stories we’ll be following in 2022.

Can ed tech providers build on their momentum?
The last two years have been a massive boon to MOOC platforms. The number of people registered on Coursera, one of the most well-known MOOC providers, swelled to around 92 million in September, up from 77 million in 2020 and 46 million the prior year. Likewise, demand for competitor Udemy surged during the pandemic.

6 Essential educational trends to look out for in 2022 — from blog.neolms.com by Andreea Mihaly

5 gaming trends to watch in 2022 — from protocol.com

What comes next for enterprise tech in 2022 — from protocol.com

After a period of great disruption and rapid modernization, 2022 will be a year during which enterprise companies take a breath and a closer look at the software and cloud services they snapped up like holiday season COVID-19 tests over the last two years. The products and trends that survive that scrutiny will set the priorities for the rest of the decade.

The tech IPOs to watch in 2022 — from protocol.com by Biz Carson and Michelle Ma
Some have filed. Some have hired the right people. And some are just on investors’ wishlists.

The bigger-picture view of the industry is that gaming is on the precipice of major shake-ups to its core business and distribution models, as well as shifts many years in the making around game monetization and developer work culture.

Bitcoin could reach $100,000—and other predictions for 2022 — from fortune.com by Joanna Ossinger

“The race is on to be the app store for crypto,” said Philip Gradwell, chief economist at Chainalysis, in an email. “A major lesson of Web 2.0 was that consumers love platforms, and I don’t think that is going to change for Web 3.0. Currently there is no crypto platform that owns the customer relationship and aggregates suppliers. I predict that in 2022, many companies will race to build this platform…”

AWS will buy a SaaS company, and other 2022 enterprise predictions — from techcrunch.com by Ron Miller

______________

Addendum on 1/7/22:

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Four waves of change in #LawLand [Carr]

On 01/03/2022, in law schools, leadership, Legal operations, legal reform, legal technologies, legislatures / government / legal, by Daniel Christian

Four waves of change in #LawLand (282) — from legalevolution.org by Jeff Carr

To get to the view of true “better” in legal service delivery, it is useful to return to first principles.  We are not here for ourselves, for the guild.  We are here to promote and protect the social good called “the law” for the benefit and service of those we call clients.   As such, when access to legal assistance is too difficult, too expensive, too unpredictable — and yes, too unfair — it is our job to fix the imbalance. To the extent we — members of the legal profession — ignore the imbalance in order to make another dollar out of a broken status quo, we have become corrupt guardians who betray our professional values.

Unfortunately, the more broken the status quo becomes, the greater our eventual professional reckoning. Thus, in my view, we have no time to waste.

Four waves of change in #LawLand

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Legal Technology Sector Sees Advancements, Unicorns in 2021

On 12/31/2021, in 21st century, 24x7x365 access, innovation, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, by Daniel Christian

Legal Technology Sector Sees Advancements, Unicorns in 2021 — from pymnts.com

Excerpt:

Legal technology saw numerous advances in 2021 as the still-blooming sector saw greater activity, Reuters reported Wednesday (Dec. 29).

Legal tech involves companies making a variety of tools and services for law firms, corporate legal departments and consumers to use. The sector involves products for eDiscovery, legal spend analytics, lawyer selection, document review and contract management.

LegalZoom.com, CS Disco and Intapp all had initial public offerings (IPOs) this year, and multiple legal tech companies attracted venture capital and private equity investors. Some of their funding rounds reached into the hundreds of millions.

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It would be a major bummer if you’re in the 3% who were innocent here [Christian]

On 12/31/2021, in 21st century, Artificial Intelligence/Agents/LLMs/and Related, Asia, data related items, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, society, sociology, by Daniel Christian

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28 Website Accessibility Terms to Know in 2022 [Juviler]

On 12/29/2021, in accessibility / UDL, assistive technologies, business, colleges, communications, communities of practice, community colleges, content development, aggregation, repositories, corporate universities / corporate training, digital audio, digital learning, digital video, higher education, instructional design, K-12 related, law schools, legislatures / government / legal, Metaverse, MOOCs -- Massive Open Online Courses, multimedia, neurodivergent/special needs, online learning, online media, online tutoring, society, student-related, teaching & learning, United States, universities, usability, user experience (UX), vendors, web design and production, web-based collaboration, by Daniel Christian

28 Website Accessibility Terms to Know in 2022 — from blog.hubspot.com by Jamie Juviler

Excerpt:

No matter the type of website you run or the industry that you’re in, prioritizing web accessibility is key to your success.
…
To ensure your website meets today’s standards for web accessibility, you’ll first need to understand the terminology. Accessibility is a big, dense area with a lot of jargon, acronyms, and codes — enough to steer a new website owner away from the topic altogether.

That’s why we’ve put together this glossary of 28 essential web accessibility terms any website owners should be aware of. By knowing the language, you’ll find it much easier to adopt accessibility principles on your own site and better serve visitors with disabilities.

Addendum on 12/31/21:

Accessibility awareness is on the rise, but is it turning into action? — from techcrunch.com by Joe Devon

Excerpts:

A Harris Poll reveals that more than half of American adults increased their online activities because of the pandemic. That number grows to 60% for people with disabilities.

The increase in online activities does not mean that everyone is able to achieve their goals. So, what kind of impact is the crisis having on accessibility? Are organizations finally getting the message on the importance of accessibility?
…

With that, here are the key results from the Alexa top 100 website testing:

    • Out of the websites tested, 62% were accessible to screen readers, up from 40% in 2020.
    • Every single page passed for having the valid document “lang” attribute.
    • Only 11% of websites tested had errors in input field labels.
    • The most common error was the use of ARIA (Accessible Rich Internet Applications specification)
    • The second most common error was color contrast.

From DSC:
That last article linked to:

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