The State of AI in 2020 -- from McKinsey and Company

Where AI is being used most in 2020

From DSC:
I saw this item out at:

  • AI is delivering a growing share of earnings, says McKinsey — from which-50.com by Andrew Birmingham
    Excerpt:
    Some companies are generating an increasing share of the profits in a way that is directly attributable to AI, and the best performers are likely to increase their investments setting up a world of algorithmic leaders and laggards, according to a new paper from McKinsey & Company. Called The State of AI in 2020, the report notes that we could start to see a widening divide between AI leaders and the majority of companies still struggling to capitalise on the technology.

Also see:

 

Building your own website is cool again, and it’s changing the whole internet — from protocol.com by David Pierce
Writers, creators and businesses of all kinds are looking to set up their own space online again. To do that, companies are trying to figure out how to deal with two very different internets.

Excerpt:

Websites are back. After years of being sucked into the vortexes of Facebook and Yelp pages, devoting their time to amassing Twitter followers and Instagram likes, creators and businesses alike have seen the benefits of hanging up their own shingle again. Legions of writers are setting up Substack newsletters. Millions of people and businesses are setting up shop for the first time online using Squarespace or WordPress. Wix reported 7.8 million new users in the last quarter alone, and more than 29% revenue growth.

Substack doesn’t see itself as a newsletter platform, or an email-based product. The company is fundamentally interested in fostering direct relationships between readers and writers, rather than let them be mediated by companies whose interests are not always aligned with either side.

The driving force behind all that growth? Thanks to a pandemic closing stores, keeping people at home and leaving a lot of people without jobs, the only way to move forward is to figure out the internet. 

From DSC:
Though I really like WordPress — and this blog uses it — look at the stock performance in 2020 for Wix!

Stock price of Wix is way up in 2020

Our youngest daughter and I are going to set up a blog for her, as she loves to write. The idea was from her and my wife, but I love it! I think it’s highly motivating to her and she can have a voice…that she can share her writings with others. She’s got quite an imagination — so look out all!  🙂 

 

From DSC:
Our oldest daughter told me about this great/cool WIN-WIN situation here! I thought it was so cool, that I wanted to pass it along. What a great way to help communities, students, folks who want to read/write/produce art and more!


 

Semicolon Bookstore & Gallery: Chicago's only black woman-owned bookstore and gallery space

Powered by Bookshop: Supporting local, independent bookstores.

Chicago’s only black woman-owned bookstore and gallery space, Semicolon Bookstore and Gallery is committed to nurturing the connection between literature, art, and the pursuit of knowledge; while also using the power of words to better our community.

 

Psalm 100 (NIV) — from biblegateway.com

A psalm. For giving grateful praise.

Shout for joy to the Lord, all the earth.
    Worship the Lord with gladness;
    come before him with joyful songs.
Know that the Lord is God.
    It is he who made us, and we are his[a];
    we are his people, the sheep of his pasture.

Enter his gates with thanksgiving
    and his courts with praise;
    give thanks to him and praise his name.
For the Lord is good and his love endures forever;
    his faithfulness continues through all generations.

 

New York, NY – November 26, 2020 –  The Intercept has published a video investigation by filmmaker Emily Cohen Ibañez on the impact of the switch to remote learning –– and the Coronavirus pandemic –– on students in an agro-industrial town (Watsonville, CA) and an affluent Bay Area suburb (Pine Hills, CA).

The Intercepthttps://theintercept.com/2020/11/25/remote-learning-school-education-covid/

YouTube link: https://youtu.be/7_YoSFNe2lM

“Life at Watsonville High was fast-paced, full of a lot of energy, a lot of really amazing students,” said Dr. Sara Roe, an English Learner Coach at Watsonville High. “Watsonville High is 98 percent Latinx, Latino, Latina. We are made up of a higher percentage of first-generation students. Socioeconomically, we’re predominantly a low-income area, so 100 percent of our students receive free and reduced lunch, and most likely, their parents or someone in their family has worked in the fields or is currently working in the fields.”

“If we thought then that kids had social, emotional challenges, their needs weren’t being met in particular ways,” said Dr. Roe, “If we thought there were issues then, I don’t think we could have ever imagined what the implications of going online would uncover for us in terms of issues for students.”

#digitaldivide #education #remotelearning #K12 #edtech #digitalequity

 
 

Employers May Drastically Change Benefits in 2021 — from insights.dice.com by Leslie Stevens-Huffman

Excerpts:

As employers continue to rethink all aspects of business and strategy in the wake of COVID-19, many are also exploring major changes to benefit programs and perks for 2021.

After access to routine health services became an issue during the lockdown, some 32 percent of employers are planning to add virtual care or telehealth services to existing health coverage, according to a study by Mercer, an HR consulting firm.

 

Wall Street Journal article entitled, Is this the end of college as we know it?

Americans aren’t turning their backs on education; they are reconsidering how to obtain it.

Is This the End of College as We Know It? — from wsj.com by Douglas Belkin
For millions of Americans, getting a four-year degree no longer makes sense. Here’s what could replace it.

Excerpt:

For traditional college students, the American postsecondary education system frequently means frontloading a lifetime’s worth of formal education and going into debt to do it. That is no longer working for millions of people, and the failure is clearing the way for alternatives: Faster, cheaper, specialized credentials closely aligned with the labor market and updated incrementally over a longer period, education experts say. These new credentials aren’t limited to traditional colleges and universities. Private industry has already begun to play a larger role in shaping what is taught and who is paying for it.

For more than a century, a four-year college degree was a blue-chip credential and a steppingstone to the American dream. For many millennials and now Gen Z, it has become an albatross around their necks.

What has embittered so many millennials is that they played by the rules and still got stuck. Ben Puckett, a 30-year-old pastor in Michigan, earned a B.S. in physical therapy before a Master’s degree in divinity. He is $95,000 in debt. 

“I went to college because I was told by parents, friends, teachers and counselors that it was the only way to ensure a good future,” Mr. Puckett says. “At 18 years old, how was I supposed to defy what my school, parents, society, friends were saying about going to college?”

 

“Stuck in it until I die”: Parents get buried by college debt too — from hechingerreport.org by Meredith Kolodner
ParentPlus loans have spiked, leading to financial disaster for many low- and middle-income families

Excerpt:

The couple’s original $40,000 loan to cover the cost of their son and daughter attending public universities in Indiana, where the family lived at the time, has snowballed in those 18 years, with interest rates as high as 8.5 percent. Their bill now stands at more than $100,000.

The Rifes would have lost their house if they had been forced to make the original monthly payment, so they negotiated with the federal government to get it down to $733. Still, it’s more than their mortgage, and it doesn’t cover the interest, so the amount owed has continued to grow.

From DSC:
I have fought for over a decade to bring the costs (involved with obtaining a degree) down. Through the years, I have tried to reach anyone who works within higher ed to listen…to change…to find ways to bring the price of obtaining a degree waaaaaay down. 

Before 2010, I had written about a future where the cost of obtaining a degree would be 50% less. And that has already happened with a handful of instances. But the future will likely look much different than the past.

Fast forward…and the perfect storm against higher ed continues to build. The backlash continues to build.

There will be change. Count on it. 100% bound to happen. In fact, it has to happen, or this nation is in big trouble otherwise. 


(11/24/20) An addendum from the Wall Street Journal:

 

Five ways VR is being used in modern healthcare — from vrscout.com by Kristin Herman

Excerpts:

  1. Detecting Vision Problems
  2. Help Mental Injury Recovery
  3. Helping People through Rehab
  4. Augmented Medical Records
  5. Prepping for Surgery
 

Psalm 95:1-2 — from biblegateway.com
1 Come, let us sing for joy to the Lord;
let us shout aloud to the Rock of our salvation.
2 Let us come before him with thanksgiving
and extol him with music and song.

 

17+ Futuristic Car Designs from Visionaries of the Past — from by Christopher McFadden
Here are 17+ interesting futuristic car designs from the past that will bring a smile to your face.

 
 
 

From DSC:
In the future (or is it already here!?), I wonder…will we see more 5K runs/races/walks, as well as marathons and half-marathons be done virtually?

If a secured network/solution could be leveraged, such machine-to-machine communications would be interesting. Each time a runner/walker gets to the 5K mark, their machine submits their time to a Global Time Keeping System. Who knows, maybe this will run on a blockchain-type of environment.

 

Virtual 5Ks and Virtual Marathons -- perhaps blockchain based over a secure network to allow M2M communications.

 

From DSC:
Now I just need to get *some type of exercise!* Geez.


And speaking of emerging technologies, also see:


 

 

Looking for something?

Use the form below to search the site:

Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!

© 2020 | Daniel Christian