new business models

Pearson moves away from print textbooks [Kelly]

On 07/17/2019, in 24x7x365 access, adjunct faculty, analytics, Artificial Intelligence/Agents/LLMs/and Related, bots, Bring your own device (BYOD), change, changing business models, cloud-based computing / apps / other cloud-related, CMS/LMS, colleges, community colleges, content development, aggregation, repositories, data related items, digital audio, digital learning, digital storytelling, digital textbooks, digital video, e-books, e-publishing related items (EPUB and more), e-readers, education, education technology, faculty/staff, higher education, human-computer interaction (HCI), instructional design, intelligent systems, intelligent tutoring, IT in HE, K-12 related, learning, Learning from the Living [Class] Room, microlearning, mobile learning, multimedia, new business models, online learning, online media, online tutoring, personalized/customized learning, platforms, publishing, student-related, teachers, teaching & learning, teaching online, textbooks, tools, United States, universities, vendors, by Daniel Christian

Pearson moves away from print textbooks — from campustechnology.com by Rhea Kelly

Excerpt:

All of Pearson’s 1,500 higher education textbooks in the U.S. will now be “digital first.” The company announced its big shift away from print today, calling the new approach a “product as a service model and a generational business shift to be much more like apps, professional software or the gaming industry.”

The digital format will allow Pearson to update textbooks on an ongoing basis, taking into account new developments in the field of study, new technologies, data analytics and efficacy research, the company said in a news announcement. The switch to digital will also lower the cost for students: The average e-book price will be $40, or $79 for a “full suite of digital learning tools.”

What’s the future of law? 26 experts share their insights [Mire]

On 06/30/2019, in Artificial Intelligence/Agents/LLMs/and Related, business, changing business models, cloud-based computing / apps / other cloud-related, corporate / business world, emerging technologies, future, game-changing environment, law schools, legal technologies, legislatures / government / legal, new business models, pace of change, reinvent, society, staying relevant, trends, workplace, by Daniel Christian

Excerpts:

There’s no crystal ball for the legal industry, just as there’s none for life. That said, industry trends don’t arise out of the ether — they develop over time. These trends collectively form the basis for estimations about what the future of the legal industry will look like.

These industry insiders have studied the trends, and they lent us their insights into the future of law. Take a look:

#AI #legaloperations #legal #lawfirms #lawyers #lawschools #legaltech #disruption #paceofchange

From DSC:
In looking through these perspectives, one can often see the topics of emerging technologies, changing client expectations, and changing business models.

Addendum on 7/1/19:

What Does 2019 Hold for Legal AI? — from law.com by Emily Foges
What developments can we expect in the next year? Where and in what new ways will AI tools be deployed?

Just as accountants no longer imagine life without excel, lawyers will soon be unable to imagine their day-to-day without AI.
…
Technology should be seen to work seamlessly in tandem with the lawyers, surfacing relevant and pertinent information which the lawyer then decides to act on.

Mary Meeker’s Internet Trends 2019 Report

On 06/12/2019, in analytics, Artificial Intelligence/Agents/LLMs/and Related, Asia, Australia, Canada, career development, cost of getting a degree, Cost of legal services - including access, Daniel S. Christian, data related items, education, education technology, emerging technologies, Europe, future of higher education, game-changing environment, health, higher education, human-computer interaction (HCI), India, innovation, intelligent systems, internet, IT in HE, law schools, learning ecosystem, Learning from the Living [Class] Room, marketing/social marketing, MBA, Microsoft, MOOCs -- Massive Open Online Courses, more voice more choice more control, multimedia, new business models, online learning, pace of change, platforms, social learning / networks, social media, society, storytelling, student-related, technologies for your home, technology (general), tools, trends, UK, Uncategorized, United States, vendors, voice recognition / voice enabled interfaces, web-based collaboration, workplace, by Daniel Christian

Excerpts:

From DSC:
That last one reminded me of why I think the Living from the Living [Class] Room vision is so powerful…

Has Technology Made State Regional Universities Obsolete? — from campustechnology.com by Richard Rose
While SRUs do some things well, the current model is not sustainable, with students taking on enormous debt and receiving relatively little income benefit in return. Here’s how technology can help change the equation.

Excerpts (emphasis DSC):

What if the State Board of Higher Education assembled a team to create one exceptionally fine Official Texas Version of the sophomore Western Civilization course? The team would include brilliant subject-matter experts, the best graphic artists, senior instructional designers, professional film editors and sharp-eyed text editors, who could produce a 48-clock-hour video course of previously unimaginable quality.
…
When technology is fully embraced because the need for a better and cheaper product finally trumps the political protection of the status quo, the state regional university will be replaced as part of new state university systems in which local institutions will play a very different role. These new local institutions could be called Learning Satellite Centers (LSCs).
…
Much content will take the form of high-budget, high-quality multimedia productions with delivery available to all popular devices, from desktop computers to cell phones. Access to learning materials, from course movies and podcasts to reading materials, will be through an expanded electronic distribution system that will eliminate the need for paper-based academic libraries.
…
The goal of the University Center plus Learning Satellite Center model is to transfer agency back into the hands of the students, where it belongs. No longer will a self-appointed privileged group of professional academics with their arcane degrees and funny ceremonial robes be dictating to the rest of society what we all need to learn and how we need to learn it. Technology will be the great leveler and the marketplace will help individual students decide what choices are best.

Of course, a brief sketch like this one will raise many questions that cannot be explored in a single article, but the conversation must begin. The current State Regional University is not sustainable and can only be propped up by politics and sentiment for so long. Too many students are piling up huge debt to earn dubious degrees that don’t lead to marketable skills or significant economic benefits. Technology has made more effective models of higher education attainable and at a lower price. We need to fearlessly explore such models before our charming old regional campuses drift into irrelevance.

From DSC:
While the article has a bit of a bite to it (which I suppose readers of this blog would say they might see in my writings/comments as well from time to time), THIS is the kind of innovative, creative thinking that will get us somewhere. I really appreciate Richard’s article and the deep thought he was put into this topic.

In fact, as readers of this blog will know, I have long been a supporter of a TEAM-BASED approach. And listed below are some graphics that prove it — as well as this article I wrote for evolllution.com (where the “lll” stands for lifelong learning) back from 2016.

This page* lists those graphics plus the list of team members that I thought of in December 2008:

Subject Matter Experts
Instructional Designers
Project Managers
Recruiters
Legal Counsel
Researchers / Mind Experts
Digital Audio Specialists
Digital Video Specialists
Streaming Media Experts
Mobile Learning Consultants
Writers and Editors
Programmers and Database Specialists
Web Design and Production Specialists
Interactivity Designers
Multimedia Specialists including Multi-Touch Experts/Programmers
3D / 2D Graphic Designers and/or Animators
MindMappers / Visual Learning Experts
Personalized Learning Consultants
Security Experts
The students themselves
Other

*BTW, I renamed this idea from the Forthcoming Walmart of Education
to the Forthcoming Amazon.com of Higher Education

.

While I’m at it…below are a couple of ideas that I documented back in 2009 that Richard might like…

.

As of today…I would simplify that last graphic to
include a subscription model to streams of content.

Ok…one more graphic from 5/21/09 that describes what I thought would happen if institutions of traditional higher education maintained the status quo through the years. I feel pretty good about how these predictions turned out, but I wish that we would have made even more progress along these lines than we have (since the time I created this graphic).

Wouldn’t this be cool if we could do this? Perhaps this is a piece of our future learning ecosystems. [Christian]

On 05/13/2019, in assessment, colleges, community colleges, Daniel S. Christian, digital learning, disruption, education technology, emerging technologies, experimentation, higher education, human-computer interaction (HCI), ideas, innovation, instructional design, intelligent systems, intelligent tutoring, law schools, learning agents, learning ecosystem, Learning from the Living [Class] Room, legislatures / government / legal, lifelong learning, marketplaces, memory, Michigan, Natural Language Processing (NLP), new business models, online learning, platforms, productivity / tips and tricks, second screen apps, smart classrooms, society, streams of content, student-related, teaching & learning, technologies for your home, tools, TVs, United States, voice recognition / voice enabled interfaces, by Daniel Christian

From DSC:
Re: the Learning from the Living [Class] Room vision of a next gen learning platform…

…wouldn’t it be cool if you could use your voice to ask your smart/connected “TV” type of device:

“Show me the test questions for Torts I from WMU-Cooley Law School. Cooley could then charge $0.99 for these questions.”

Then, the system knows how you did on answering those questions. The ones you got right, you don’t get asked to review as often as the ones you got wrong. As you get a question right more often, the less you are asked to answer it.

You sign up for such streams of content — and the system assesses you periodically. This helps a person keep certain topics/information fresh in their memory. This type of learning method would be incredibly helpful for students trying to pass the Bar or other types of large/summative tests — especially when a student has to be able to recall information that they learned over the last 3-5 years.

Come to think of it…this method could help all of us in learning new disciplines/topics throughout our lifetimes. Sign up for the streams of content that you want to learn more about…and drop the (no-longer relevant) subscriptions as needed..

We need to tap into streams of content in our next gen learning platform

2019 Horizon Report Higher Education Edition

On 04/25/2019, in 21st century, A/V -- audio/visual, active learning, adjunct faculty, analytics, Artificial Intelligence/Agents/LLMs/and Related, blended learning, Blockchain, change, changing business models, colleges, community colleges, credentialing, curriculum, data related items, digital learning, distance education, education technology, educational games / serious games, emerging technologies, face-to-face, faculty/staff, formal learning, future of higher education, higher education, hybrid learning, ideas, innovation, instructional design, intelligent systems, intelligent tutoring, internet, law schools, learning, learning agents, learning ecosystem, learning spaces, Mixed Reality (MR), mobile learning, new business models, online learning, personalized/customized learning, student-related, teaching & learning, teaching online, technologies for your home, technology (general), tools, trends, United States, user experience (UX), XR - extended reality, by Daniel Christian

The finalized 2019 Horizon Report Higher Education Edition (from library.educause.edu) was just released on 4/23/19.

Excerpt:

Key Trends Accelerating Technology Adoption in Higher Education:

Short-Term—Driving technology adoption in higher education for the next one to two years

Redesigning Learning Spaces
Blended Learning Designs

Mid-Term—Driving technology adoption in higher education for the next three to five years

Advancing Cultures of Innovation
Growing Focus on Measuring Learning

Long-Term—Driving technology adoption in higher education for five or more years

Rethinking How Institutions Work
Modularized and Disaggregated Degrees

The Growing Profile of Non-Degree Credentials: Diving Deeper into ‘Education Credentials Come of Age’ [Gallagher]

On 04/17/2019, in 21st century, accreditation, assessment, career development, collaboration, colleges, communities of practice, community colleges, competency-based learning/education, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, cost of getting a degree, credentialing, dangers of the status quo, digital learning, distance education, face-to-face, future, future of higher education, game-changing environment, heutagogy, higher education, ideas, innovation, learning, learning ecosystem, Learning from the Living [Class] Room, liberal arts, lifelong learning, Michigan, microlearning, Microsoft, MOOCs -- Massive Open Online Courses, more voice more choice more control, new business models, online learning, platforms, student-related, technology (general), training / L&D, trends, universities, user experience (UX), vendors, web-based collaboration, by Daniel Christian

The Growing Profile of Non-Degree Credentials: Diving Deeper into ‘Education Credentials Come of Age’ — from evolllution.com by Sean Gallagher
Higher education is entering a “golden age” of lifelong learning and that will mean a spike in demand for credentials. If postsecondary institutions want to compete in a crowded market, they need to change fast.

Excerpts (emphasis DSC):

One of the first levels of opportunity is simply embedding the skills that are demanded in the job market into educational programs. Education certainly has its own merits independent of professional outcomes. But critics of higher education who suggest graduates aren’t prepared for the workforce have a point in terms of the opportunity for greater job market alignment, and less of an “ivory tower” mentality at many institutions. Importantly, this does not mean that there isn’t value in the liberal arts and in broader ways of thinking—problem solving, leadership, critical thinking, analysis, and writing are among the very top skills demanded by employers across all educational levels. These are foundational and independent of technical skills.

The second opportunity is building an ecosystem for better documentation and sharing of skills—in a sense what investor Ryan Craig has termed a “competency marketplace.” Employers’ reliance on college degrees as relatively blunt signals of skill and ability is partly driven by the fact that there aren’t many strong alternatives. Technology—and the growth of platforms like LinkedIn, ePortfolios and online assessments—is changing the game. One example is digital badges, which were originally often positioned as substitutes to degrees or certificates.

Instead, I believe digital badges are a supplement to degrees and we’re increasingly seeing badges—short microcredentials that discretely and digitally document competency—woven into degree programs, from the community college to the graduate degree level.

However, it is becoming increasingly clear that the market is demanding more “agile” and shorter-form approaches to education. Many institutions are making this a strategic priority, especially as we read the evolution of trends in the global job market and soon enter the 2020s.

Online education—which in all its forms continues to slowly and steadily grow its market share in terms of all higher ed instruction—is certainly an enabler of this vision, given what we know about pedagogy and the ability to digitally document outcomes.

In addition, 64 percent of the HR leaders we surveyed said that the need for ongoing lifelong learning will demand higher levels of education and more credentials in the future.

Along these lines of online-based collaboration and learning,
go to the 34 minute mark of this video:

From DSC:
The various pieces are coming together to build the next generation learning platform. Although no one has all of the pieces yet, the needs/trends/signals are definitely there.

Addendums on 4/20/19:

Community Colleges And Tech Companies Are Co-Branding Credentials To Solve The Skills Gap — from forbes.com by Allison Dulin Salisbury

DC: The larger 85” model could be interesting to use in smaller classrooms that bring face-to-face students on campus w/ remote students. https://t.co/c2lvG2VoM3

— Daniel Christian (@dchristian5) April 19, 2019

HBS Online: Why Harvard Business School’s digital rebrand is big news for online learning — from businessbecause.com by Seb Murray
Name change from HBX to Harvard Business School Online symbolizes a maturing market. We speak to Patrick Mullane, executive director of HBS Online, to find out more

Excerpt:

At first glance, it may have seemed like an inconsequential name change: Harvard Business School’s digital learning platform HBX would be called HBS Online.

But commentators have billed the recent rebrand as having the potential for a big impact on online education. For one, the makeover could help to further legitimize the market.

Online learning was initially considered second-rate to campus study, due to concerns about teaching quality and interactivity online. Nitin Nohria, the dean of HBS, saying in 2010 that the school would never go online in his lifetime, appeared to confirm the scepticism.

But he has since admitted he ‘misjudged the potential of online education’ and is…

From DSC:
This is very old hat…but those who haven’t taught online should not judge online teaching and learning. If I gave you the writeups from my students from a class that I have taught in both a face-to-face format as well as in an online format — where I ask them what they learned during the class — I swear that you could not tell which documents represented those courses taught online vs. those taught face-to-face. I guarantee it. So as the saying goes…don’t judge it if you haven’t tried it.

Oh…and by the way, many of the innovations in teaching and learning are happening in the digital/virtual realm. Not all, but many. And we haven’t seen anything yet.

Is Thomas Frey right? “…by 2030 the largest company on the internet is going to be an education-based company that we haven’t heard of yet.”

On 03/20/2019, in 21st century, 24x7x365 access, active learning, adjunct faculty, adult learning, Amazon, analytics, Artificial Intelligence/Agents/LLMs/and Related, blended learning, Blockchain, bots, business, business side of he, career development, change, changing business models, cloud-based computing / apps / other cloud-related, CMS/LMS, collaboration, colleges, communications, communities of practice, community colleges, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, cost of getting a degree, credentialing, dangers of the status quo, Daniel S. Christian, digital learning, disruption, distance education, education, education reform, education technology, elearning, emerging technologies, future, future of higher education, game-changing environment, global / globalization, heutagogy, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), hybrid learning, ideas, innovation, intelligent systems, intelligent tutoring, internet, learner profiles, learning, learning agents, learning ecosystem, Learning from the Living [Class] Room, learning hubs & pods & microschooling, library / librarians, lifelong learning, microlearning, mobile learning, MOOCs -- Massive Open Online Courses, more voice more choice more control, Natural Language Processing (NLP), new business models, online learning, online media, pace of change, personalized/customized learning, platforms, professional development, reinvent, smart classrooms, social learning / networks, society, staying relevant, streams of content, student-related, surviving, technologies for your home, telepresence, television, tools, training / L&D, transmedia, trends, TVs, United States, universities, user experience (UX), vision/possibilities, web-based collaboration, workplace, youth, by Daniel Christian

From a fairly recent e-newsletter from edsurge.com — though I don’t recall the exact date (emphasis DSC):

New England is home to some of the most famous universities in the world. But the region has also become ground zero for the demographic shifts that promise to disrupt higher education.

This week saw two developments that fit the narrative. On Monday, Southern Vermont College announced that it would shut its doors, becoming the latest small rural private college to do so. Later that same day, the University of Massachusetts said it would start a new online college aimed at a national audience, noting that it expects campus enrollments to erode as the number of traditional college-age students declines in the coming years.

“Make no mistake—this is an existential threat to entire sectors of higher education,” said UMass president Marty Meehan in announcing the online effort.

The approach seems to parallel the U.S. retail sector, where, as a New York Times piece outlines this week, stores like Target and WalMart have thrived by building online strategies aimed at competing with Amazon, while stores like Gap and Payless, which did little to move online, are closing stores. Of course, college is not like any other product or service, and plenty of campuses are touting the richness of the experience that students get by actually coming to a campus. And it’s not clear how many colleges can grow online to a scale that makes their investments pay off.

“It’s predicted that over the next several years, four to five major national players with strong regional footholds will be established. We intend to be one of them.”

University of Massachusetts President Marty Meehan

From DSC:
That last quote from UMass President Marty Meehan made me reflect upon the idea of having one or more enormous entities that will provide “higher education” in the future. I wonder if things will turn out to be that we’ll have more lifelong learning providers and platforms in the future — with the idea of a 60-year curriculum being an interesting idea that may come into fruition.

Long have I predicted that such an enormous entity would come to pass. Back in 2008, I named it the Forthcoming Walmart of Education. But then as the years went by, I got bumbed out on some things that Walmart was doing, and re-branded it the Forthcoming Amazon.com of Higher Education. We’ll see how long that updated title lasts — but you get the point. In fact, the point aligns very nicely with what futurist Thomas Frey has been predicting for years as well:

“I’ve been predicting that by 2030 the largest company on the internet is going to be an education-based company that we haven’t heard of yet,” Frey, the senior futurist at the DaVinci Institute think tank, tells Business Insider. (source)

I realize that education doesn’t always scale well…but I’m thinking that how people learn in the future may be different than how we did things in the past…communities of practice comes to mind…as does new forms of credentialing…as does cloud-based learner profiles…as does the need for highly efficient, cost-effective, and constant opportunities/means to reinvent oneself.

Also see:

Fearing ‘existential threat,’ U of Massachusetts unveils plans for national online platform — from educationdive.com by Natalie Schwartz

Addendum:

74% of consumers go to Amazon when they’re ready to buy something. That should be keeping retailers up at night. — from cnbc.com

Key points (emphasis DSC)

Amazon remains a looming threat for some of the biggest retailers in the country — like Walmart, Target and Macy’s.
When consumers are ready to buy a specific product, nearly three-quarters of them, or 74 percent, are going straight to Amazon to do it, according to a new study by Feedvisor.
By the end of this year, Amazon is expected to account for 52.4 percent of the e-commerce market in the U.S., up from 48 percent in 2018.

“In New England, there will be between 32,000 and 54,000 fewer college-aged students just seven years from now,” Meehan said. “That means colleges and universities will have too much capacity and not enough demand at a time when the economic model in higher education is already straining under its own weight.” (Marty Meehan at WBUR)

4 key tech strategies for the survival of the small liberal arts college [Campbell]

On 03/14/2019, in 21st century, colleges, community colleges, consortiums, cost of getting a degree, dangers of the status quo, data related items, disruption, distance education, education technology, experimentation, face-to-face, future of higher education, game-changing environment, generational differences, higher education, ideas, innovation, IT in HE, leadership, Learning from the Living [Class] Room, liberal arts, microlearning, mobile learning, new business models, online learning, platforms, reinvent, society, staying relevant, strategy, student-related, surviving, traditional / tradition, trends, United States, universities, vision/possibilities, by Daniel Christian

4 key tech strategies for the survival of the small liberal arts college — from campustechnology.com by Kellie B. Campbell
In a recent study on the use of technology to reduce academic costs in liberal arts colleges, four distinct themes emerged: the strategic role of IT; the importance of data; the potential of alternative education delivery modes; and opportunities for institutional partnerships. Here’s how IT leaders at these small colleges understand the future of their institutions.

Excerpt:

In this study, the flexibility of the semi-constructed interview format resulted in a fascinating level of honesty and bluntness from participants. In particular, participants’ language changed when they were asked to take off their professional hat and consider a new point of view — it was a chance to be vulnerable and honest. What was probably most interesting was that almost everyone signaled that the status quo is not sustainable. Something in the higher education model has to change for institutions to stay open, yet many lack a strategy for effecting change. Even if they do have a strategy in place on the business side, many are hesitant to dive into analysis and change on the academic side of the institution.

Institutions simply cannot continue to nibble at the edges of change. Significant change is needed in order to sustain the financial model of higher education. The ideas for doing so are out there, though the work must be guided by the institutional mission and consider new models for delivering education. CIOs and their departments can play an important role in that work — providing infrastructure, data, access, services and ideas — but institutional leadership at large needs to understand IT’s strategic role and position the organization to make that impact.

When participants were able to think about the “what if” question — what if the institution were forced to drastically cut academic costs — several had detailed, “out there” ideas that might not be traditionally welcomed into higher education cultures. Yet a number of participants were not being asked by their institutions to think about such ideas. The question is, if everyone agrees that the status quo is not sustainable, why aren’t they thinking about it?

A prediction for blockchain transformation in higher education [Mathews]

On 03/14/2019, in Amazon, Blockchain, change, colleges, community colleges, computer science, cost of getting a degree, emerging technologies, higher education, innovation, internet, IT in HE, new business models, by Daniel Christian

A prediction for blockchain transformation in higher education — from blockchain.capitalmarketsciooutlook.com by Michael Mathews

Excerpt:

Ironically, blockchain entered the scene in a very neutral way, while Bitcoin created all the noise, simply because it used an aspect of blockchain. Bitcoin, cyber coins, and/or token concepts will come and go, just as the various forms of web browsers did. However, just as the Internet lives on, so will blockchain. In fact, blockchain may very well become the best of the Internet and IoT merged with the trust factor of the ISBN/MARC code concept. As history unveils itself blockchain will stand the test of time and become a form of a future generation of the Internet (i.e. Internet 4.0) without the need for cyber security.

With a positive prediction on blockchain for future coupled with lessons learned from the Internet, blockchain will become the single largest influencer on education. I have only gone on record of predicting two shifts in technology over a 5-10 year period of time, and both have come to pass now. This is my third prediction, with the greatest potential for transformation.

What I did not know until last year was a neutral technology called blockchain would show up in the history of the world; and at the same time Amazon would start designing blockchain templates to reduce all the processes to allow educational decisions to become as easy as ordering and receiving Amazon products.

81% of legal departments aren’t ready for digitization: Gartner [The Mitratech Team]

On 03/01/2019, in 21st century, analytics, Artificial Intelligence/Agents/LLMs/and Related, Blockchain, bots, business, career development, change, changing business models, corporate / business world, law schools, legislatures / government / legal, new business models, tools, trends, vendors, workplace, by Daniel Christian

81% of legal departments aren’t ready for digitization: Gartner — from mitratech.com by The Mitratech Team

Excerpt:

Despite the efforts of Legal Operations legal tech adopters and advocates, and the many expert voices raised about the need to evolve the legal industry? A Gartner, Inc. report finds the vast majority of in-house legal departments are unprepared for digital transformation.

In compiling the report, Gartner reviewed the roles of legal departments in no less than 1,715 digital business projects. They also conducted interviews with over 100 general counsel and privacy officers, and another 100 legal stakeholders at large companies.

The reveal? That 81% of legal departments weren’t prepared for the oncoming tide of digitization at their companies. That leaves them at a disadvantage when one considers the results of Gartner’s CEO Survey. Two-thirds of its CEO respondents predicted their business models would change in the next three years, with digitization as a major factor.

Also relevant here/see:
AI Pre-Screening Technology: A New Era for Contracts? — from by Tim Pullan, CEO and Founder, ThoughtRiver

Excerpt:

However, enterprises are beginning to understand the tangible value that can be delivered by automated contract pre-screening solutions. Such technology can ask thousands of questions defined by legal experts, and within minutes deliver an output weighing up the risks and advising next steps. Legal resources are then only required to follow up on these recommendations, whether they be a change to a clause, removing common bottlenecks altogether, or acting quickly to monetise a business opportunity.

There are clear benefits for both the legal team and the business. The GC’s team spends more time on enterprise-wide strategy and supporting other departments, while the business can move at pace and gain considerable competitive advantage.

Horizon Report Preview 2019 — from library.educause.edu
Analytics, Artificial Intelligence (AI), Badges and Credentialing, Blended Learning, Blockchain, Digital Learning, Digital Literacy, Extended Reality (XR), Instructional Design, Instructional Technologies, Learning Analytics, Learning Space, Mobile Learning, Student Learning Support, Teaching and Learning

Abstract
The EDUCAUSE Horizon Report Preview provides summaries of each of the upcoming edition’s trends, challenges, and important developments in educational technology, which were ranked most highly by the expert panel. This year’s trends include modularized and disaggregated degrees, the advancing of digital equity, and blockchain.

For more than a decade, EDUCAUSE has partnered with the New Media Consortium (NMC) to publish the annual Horizon Report – Higher Education Edition. In 2018, EDUCAUSE acquired the rights to the NMC Horizon project.

SHIFT HAPPENS 2, 2019: Finding Strong Footing: The Future of Assessment in the Learning-to-Employment Landscape

On 02/22/2019, in 21st century, adult learning, assessment, business, business side of he, career development, change, colleges, community colleges, competency-based learning/education, corporate / business world, corporate universities / corporate training, cost of getting a degree, credentialing, dangers of the status quo, digital learning, disruption, education, future, future of higher education, game-changing environment, higher education, ideas, learning, learning ecosystem, Learning from the Living [Class] Room, lifelong learning, new business models, online learning, parents/guardians, platforms, professional development, reinvent, society, staying relevant, student-related, surviving, traditional / tradition, training / L&D, United States, universities, vendors, workplace, by Daniel Christian

Excerpt:

CONCLUSION
This paper has outlined the plethora of new credential types, uses, and modes of delivery. It also has highlighted advancements in assessment. In terms of assessment content, the progression of mastery-based assessments is a distinct departure from the traditional knowledge-based assessment approaches. New assessments are likely to enter the market, as companies see the tremendous growth of competency-based assessments that will be critical and necessary in the future ecosystem described.

Assessments are no longer just a source of grades for gradebooks. They have forged two meaningful bypass routes to seat time in higher education. In the first, competency-based education assessments gate the pace of student progress through the curriculum. In the second, certification by an exam delivers not a grade, but a degree-like credential in a relevant occupation, indicating skill and expertise. For some occupations, this exam-as-credential has already been market validated by employers’ willingness to require it, hire by it, and pay a salary premium for it.

All of these innovations are driving towards a common end. The future learning-to employment ecosystem will be heavily reliant on credentials and assessments. We see:

A future in which credentials will no longer be limited to degrees, but will come in varying shapes and sizes, offered by many organizations, training providers, and employers;
A future in which credentials will, however, be able to articulate a set of underlying “know” knowledge and “do” performance skill competencies;
A future in which a credential’s scope will be described by the set of competencies it covers, and measured via assessment;
A future in which a credential’s quality will be indicated by evidence of mastery within each competency before it is awarded;
A future in which quality metrics, such as consumer reviews or employer use of credentials will come into play, bringing the best and most usable credentials and assessments to the forefront.

And, finally, the future ecosystem will depend heavily on online and technology-enabled strategies and solutions. The working learner will turn away from those stringent solutions that require seat time and offer little flexibility. They will drive the market hard for innovations that will lead to consumer-facing marketplaces that allow them a “one-stop shop” approach for working, learning, and living.

The massive market of the working learner/the learning worker is here to stay. The future is that learner. Credentials and assessment will find their own strong footing to help successfully meet both the learners’ needs and the employers’ needs. We applaud this SHIFT. For, it will be an ecosystem that services many more learners than today’s education to employment system serves.

Most coherent report I have read on the erosion of degrees and the rise of assessing-for-work and amassing certifications as the competencies for the modern workplace. Jamai Blivin, of www.innovate-educate.org, and Merrilea Mayo, of Mayo Enterprises, have put in one report the history, current trends and the illogic for many people of paying for a retail bachelor’s degree when abundant certifications are beginning to prove themselves. Workforce and community colleges, this is a must-read. Kudos!

Per Gordon Freedman on LinkedIn

Reflections on “135 Million Reasons To Believe In A Blockchain Miracle” [Maddock]

On 02/09/2019, in 21st century, Artificial Intelligence/Agents/LLMs/and Related, Blockchain, change, changing business models, emerging technologies, India, internet, law schools, leadership, legislatures / government / legal, new business models, political science, by Daniel Christian

135 Million Reasons To Believe In A Blockchain Miracle — from forbes.com by Mike Maddock

Excerpts:

Which brings us to the latest headlines about a cryptocurrency entrepreneur’s passing—taking with him the passcode to unlock C$180 million (about $135 million U.S.) in investor currency—which is now reportedly gone forever. Why? Because apparently, the promise of blockchain is true: It cannot be hacked. It is absolutely trustworthy.

Gerald Cotton, the CEO of a crypto company, reportedly passed away recently while building an orphanage in India. Unfortunately, he was the only person who knew the passcode to access the millions his investors had entrusted in him.

…

This is how we get the transition to Web 3.0.

Some questions to consider:

Who will build an easy-to-use “wallet” of the future?
Are we responsible enough to handle that much power?

Perhaps the most important question of all is: What role do our “trusted” experts play in this future?

From DSC:
I’d like to add another question to Mike’s article:

How should law schools, law firms, legislative bodies, government, etc. deal with the new, exponential pace of change and with the power of emerging technologies like #blockchain , #AI, #ML , #FacialRecognition etc.?

Learning Ecosystems

HBS Online: Why Harvard Business School’s digital rebrand is big news for online learning [Murray]

A prediction for blockchain transformation in higher education [Mathews]

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