Skill shift: Automation and the future of the workforce — from mckinsey.com by Jacques Bughin, Eric Hazan, Susan Lund, Peter Dahlström, Anna Wiesinger, and Amresh Subramaniam
Demand for technological, social and emotional, and higher cognitive skills will rise by 2030. How will workers and organizations adapt?

Excerpt:

Skill shifts have accompanied the introduction of new technologies in the workplace since at least the Industrial Revolution, but adoption of automation and artificial intelligence (AI) will mark an acceleration over the shifts of even the recent past. The need for some skills, such as technological as well as social and emotional skills, will rise, even as the demand for others, including physical and manual skills, will fall. These changes will require workers everywhere to deepen their existing skill sets or acquire new ones. Companies, too, will need to rethink how work is organized within their organizations.

This briefing, part of our ongoing research on the impact of technology on the economy, business, and society, quantifies time spent on 25 core workplace skills today and in the future for five European countries—France, Germany, Italy, Spain, and the United Kingdom—and the United States and examines the implications of those shifts.

Topics include:
How will demand for workforce skills change with automation?
Shifting skill requirements in five sectors
How will organizations adapt?
Building the workforce of the future

 

 

The scary amount that college will cost in the future — from cnbc.com by Annie Nova

Excerpt:

Think college is expensive now? Then new parents will probably want to take a seat for this news.

In 2036, just 18 years from now, four years at a private university will be around $303,000, up from $167,000 today.

To get a degree at a public university you’ll need about $184,000, compared with $101,000 now.

These forecasts were provided by Wealthfront, an automated investment platform that offers college saving options. It uses Department of Education data on the current cost of schools along with expected annual inflation to come up with its projections.

 

Excerpted graphic:

 

From DSC:
We had better be at the end of the line of thinking that says these tuition hikes can continue. It’s not ok. More and more people will be shut out by this kind of societal gatekeeper. The ever-increasing cost of obtaining a degree has become a matter of social justice for me. Other solutions are needed. The 800 pound gorilla of debt that’s already being loaded onto more and more of our graduates will impact them for years…even for decades in many of our graduates’ cases.

It’s my hope that a variety of technologies will make learning more affordable, yet still provide a high quality of education. In fact, I’m hopeful that the personalization/customization of learning will take some major steps forward in the very near future. We will still need and want solid teachers, professors, and trainers, but I’m hopeful that those folks will be aided by the heavy lifting that will be done by some powerful tools/technologies that will be aimed at helping people learn and grow…providing lifelong learners with more choice, more control.

I love the physical campus as much as anyone, and I hope that all students can have that experience if they want it. But I’ve seen and worked with the high costs of building and maintaining physical spaces — maintaining our learning spaces, dorms, libraries, gyms, etc. is very expensive.

I see streams of content becoming more prevalent in the future — especially for lifelong learners who need to reinvent themselves in order to stay marketable. We will be able to subscribe and unsubscribe to curated streams of content that we want to learn more about. For example, today, that could involve RSS feeds and Feedly (to aggregate those feeds). I see us using micro-learning to help us encode information and then practice recalling it (i.e., spaced practice), to help us stop or lessen the forgetting curves we all experience, to help us sort information into things we know and things that we need more assistance on (while providing links to resources that will help us obtain better mastery of the subject(s)).

 

 

ABA set to approve more online credits for law students — from law.com by Karen Sloan
Supporters say allowing J.D. students to take up to one-third of their credits online, including some during their first year, is validation that distance education can work in law schools.

 

7 things lawyers should know about Artificial Intelligence — from abovethelaw.com by Amy Larson
AI is here to make practicing law easier, so keep these things in mind if you’re thinking of implementing it in your practice. 

Excerpt:

6. Adopting AI means embracing change.
If you intend to implement AI technologies into your legal organization, you must be ready for change. Not only will your processes and workflows need to change to incorporate AI into the business, but you’ll also likely be working with a whole new set of people. Whether they are part of your firm or outside consultants, expect to collaborate with data analysts, process engineers, pricing specialists, and other data-driven professionals.

 

 

 


Addendum on 5/18/18:


 

  • Technology & Innovation: Trends Transforming The Legal Industry — from livelaw.in by Richa Kachhwaha
    Excerpt:
    Globally, the legal industry is experiencing an era of transformation. The changes are unmistakable and diverse. Paperwork and data management- long practiced by lawyers- is being replaced by software solutions; trans-national boundaries are legally shrinking; economic forces are re-defining law practices; innovative in-house law departments are driving significant value creation; consumer trends have begun to dominate the legal landscape; …

 

 

 

Educause Releases 2018 Horizon Report Preview — from campustechnology.com by Rhea Kelly

Excerpt:

After acquiring the rights to the New Media Consortium’s Horizon project earlier this year, Educause has now published a preview of the 2018 Higher Education Edition of the Horizon Report — research that was in progress at the time of NMC’s sudden dissolution. The report covers the key technology trends, challenges and developments expected to impact higher ed in the short-, mid- and long-term future.

 

Also see:

 

 

 

Per Catie Chase from BestColleges.com:

As you know, online education is rapidly expanding. At BestColleges.com we believe it’s important to evaluate the latest trends in distance education and measure the impact to both students and academic institutions. This is an industry that evolves quickly and these results offer relevant, current insights we are excited to learn from and share with the online learning community.

To keep up with these trends, we surveyed 1,800 online students and university administrators and published two reports based on our findings:

  • 2018 Online Education Trends Report – Synthesizing all of the data we gathered in our study, this academic report provides a holistic look at the current state of online education and offers predictions for where it’s headed.
  • The Student’s Guide to Online Education – Most students we spoke with wished they’d known more about online education and how to choose a quality online program prior to enrolling. We built this guide as a launching point for prospective students to gain that knowledge and make informed decisions on their education.

 

In an effort to develop a broader understanding of how common perceptions of online education are changing, we added several questions for both students and school administrators to the study this year. A majority of students (79%) felt that online learning is either “better than” or “equal to” on-campus learning. They felt their employers (61%), future employers (61%), and the general public (58%) also had a similarly positive perception of online learning.

 

 

From DSC:
It is highly likely that in the very near future, the question won’t even be asked anymore what employers think of online-based learning and whether they will hire someone that’s taken a significant portion of their coursework online. They won’t have a choice. This is especially true if and when more advanced technologies and capabilities get further baked into online-based learning — i.e., truly personalized/customized learning (which most faculty members — including myself — and teachers can’t deliver), virtual reality, artificial intelligence, chatbots, personal digital assistants, Natural Language Processing (NLP), and more. 

The better question could become:

To what extent will campus-based learning be impacted when truly personalized/customized learning is offered via online-based means?

My guess?  There will continue to be a significant amount of people who want to learn in a physical campus-based setting — and that’s great! But the growth of online learning will grow even more (a lot more) if truly personalized learning occurs via online-based means.

 


 

99% of administrators found that demand for online education has increased or stayed the same over the past few years. Almost 40% of respondents plan to increase their online program budgets in the next year.

 


 

This year, 34% of schools reported that their online students are younger than in previous years, falling into the “traditional” college age range of 18-25, and even younger as high school students take college courses before graduating. Several schools noted that recent high school graduates are entering the workforce while also pursuing a college education.

 


 

 

AWS unveils ‘Transcribe’ and ‘Translate’ machine learning services — from business-standard.com

Excerpts:

  • Amazon “Transcribe” provides grammatically correct transcriptions of audio files to allow audio data to be analyzed, indexed and searched.
  • Amazon “Translate” provides natural sounding language translation in both real-time and batch scenarios.

 

 

Google’s ‘secret’ smart city on Toronto’s waterfront sparks row — from bbc.com by Robin Levinson-King BBC News, Toronto

Excerpt:

The project was commissioned by the publically funded organisation Waterfront Toronto, who put out calls last spring for proposals to revitalise the 12-acre industrial neighbourhood of Quayside along Toronto’s waterfront.

Prime Minister Justin Trudeau flew down to announce the agreement with Sidewalk Labs, which is owned by Google’s parent company Alphabet, last October, and the project has received international attention for being one of the first smart-cities designed from the ground up.

But five months later, few people have actually seen the full agreement between Sidewalk and Waterfront Toronto.

As council’s representative on Waterfront Toronto’s board, Mr Minnan-Wong is the only elected official to actually see the legal agreement in full. Not even the mayor knows what the city has signed on for.

“We got very little notice. We were essentially told ‘here’s the agreement, the prime minister’s coming to make the announcement,'” he said.

“Very little time to read, very little time to absorb.”

Now, his hands are tied – he is legally not allowed to comment on the contents of the sealed deal, but he has been vocal about his belief it should be made public.

“Do I have concerns about the content of that agreement? Yes,” he said.

“What is it that is being hidden, why does it have to be secret?”

From DSC:
Google needs to be very careful here. Increasingly so these days, our trust in them (and other large tech companies) is at stake.

 

 

Addendum on 4/16/18 with thanks to Uros Kovacevic for this resource:
Human lives saved by robotic replacements — from injuryclaimcoach.com

Excerpt:

For academics and average workers alike, the prospect of automation provokes concern and controversy. As the American workplace continues to mechanize, some experts see harsh implications for employment, including the loss of 73 million jobs by 2030. Others maintain more optimism about the fate of the global economy, contending technological advances could grow worldwide GDP by more than $1.1 trillion in the next 10 to 15 years. Whatever we make of these predictions, there’s no question automation will shape the economic future of the nation – and the world.

But while these fiscal considerations are important, automation may positively affect an even more essential concern: human life. Every day, thousands of Americans risk injury or death simply by going to work in dangerous conditions. If robots replaced them, could hundreds of lives be saved in the years to come?

In this project, we studied how many fatal injuries could be averted if dangerous occupations were automated. To do so, we analyzed which fields are most deadly and the likelihood of their automation according to expert predictions. To see how automation could save Americans’ lives, keep reading.

Also related to this item is :
How AI is improving the landscape of work  — from forbes.com by Laurence Bradford

Excerpts:

There have been a lot of sci-fi stories written about artificial intelligence. But now that it’s actually becoming a reality, how is it really affecting the world? Let’s take a look at the current state of AI and some of the things it’s doing for modern society.

  • Creating New Technology Jobs
  • Using Machine Learning To Eliminate Busywork
  • Preventing Workplace Injuries With Automation
  • Reducing Human Error With Smart Algorithms

From DSC:
This is clearly a pro-AI piece. Not all uses of AI are beneficial, but this article mentions several use cases where AI can make positive contributions to society.

 

 

 

It’s About Augmented Intelligence, not Artificial Intelligence — from informationweek.com
The adoption of AI applications isn’t about replacing workers but helping workers do their jobs better.

 

From DSC:
This article is also a pro-AI piece. But again, not all uses of AI are beneficial. We need to be aware of — and involved in — what is happening with AI.

 

 

 

Investing in an Automated Future — from clomedia.com by Mariel Tishma
Employers recognize that technological advances like AI and automation will require employees with new skills. Why are so few investing in the necessary learning?

 

 

 

 

 
 

SXSW 2018: Key trends — from jwtintelligence.com by Marie Stafford w/ contributions by Sarah Holbrook

Excerpt:

Ethics & the Big Tech Backlash
What a difference a week makes. As the Cambridge Analytica scandal broke last weekend, the curtain was already coming down on SXSW. Even without this latest bombshell, the discussion around ethics in technology was animated, with more than 10 panels devoted to the theme. From misinformation to surveillance, from algorithmic bias to the perils of artificial intelligence (hi Elon!) speakers grappled with the weighty issue of how to ensure technology works for the good of humanity.

The Human Connection
When technology provokes this much concern, it’s perhaps natural that people should seek respite in human qualities like empathy, understanding and emotional connection.

In a standout keynote, couples therapist Esther Perel gently berated the SXSW audience for neglecting to focus on human relationships. “The quality of your relationships,” she said, “is what determines the quality of your life.

 

 

 

 

2018 TECH TRENDS REPORT — from the Future Today Institute
Emerging technology trends that will influence business, government, education, media and society in the coming year.

Description:

The Future Today Institute’s 11th annual Tech Trends Report identifies 235 tantalizing advancements in emerging technologies—artificial intelligence, biotech, autonomous robots, green energy and space travel—that will begin to enter the mainstream and fundamentally disrupt business, geopolitics and everyday life around the world. Our annual report has garnered more than six million cumulative views, and this edition is our largest to date.

Helping organizations see change early and calculate the impact of new trends is why we publish our annual Emerging Tech Trends Report, which focuses on mid- to late-stage emerging technologies that are on a growth trajectory.

In this edition of the FTI Tech Trends Report, we’ve included several new features and sections:

  • a list and map of the world’s smartest cities
  • a calendar of events that will shape technology this year
  • detailed near-future scenarios for several of the technologies
  • a new framework to help organizations decide when to take action on trends
  • an interactive table of contents, which will allow you to more easily navigate the report from the bookmarks bar in your PDF reader

 


 

01 How does this trend impact our industry and all of its parts?
02 How might global events — politics, climate change, economic shifts – impact this trend, and as a result, our organization?
03 What are the second, third, fourth, and fifth-order implications of this trend as it evolves, both in our organization and our industry?
04 What are the consequences if our organization fails to take action on this trend?
05 Does this trend signal emerging disruption to our traditional business practices and cherished beliefs?
06 Does this trend indicate a future disruption to the established roles and responsibilities within our organization? If so, how do we reverse-engineer that disruption and deal with it in the present day?
07 How are the organizations in adjacent spaces addressing this trend? What can we learn from their failures and best practices?
08 How will the wants, needs and expectations of our consumers/ constituents change as a result of this trend?
09 Where does this trend create potential new partners or collaborators for us?
10 How does this trend inspire us to think about the future of our organization?

 


 

 

With great tech success, comes even greater responsibility — from techcrunch.com by Ron Miller

Excerpts:

As we watch major tech platforms evolve over time, it’s clear that companies like Facebook, Apple, Google and Amazon (among others) have created businesses that are having a huge impact on humanity — sometimes positive and other times not so much.

That suggests that these platforms have to understand how people are using them and when they are trying to manipulate them or use them for nefarious purposes — or the companies themselves are. We can apply that same responsibility filter to individual technologies like artificial intelligence and indeed any advanced technologies and the impact they could possibly have on society over time.

We can be sure that Twitter’s creators never imagined a world where bots would be launched to influence an election when they created the company more than a decade ago. Over time though, it becomes crystal clear that Twitter, and indeed all large platforms, can be used for a variety of motivations, and the platforms have to react when they think there are certain parties who are using their networks to manipulate parts of the populace.

 

 

But it’s up to the companies who are developing the tech to recognize the responsibility that comes with great economic success or simply the impact of whatever they are creating could have on society.

 

 

 

 

Why the Public Overlooks and Undervalues Tech’s Power — from morningconsult.com by Joanna Piacenza
Some experts say the tech industry is rapidly nearing a day of reckoning

Excerpts:

  • 5% picked tech when asked which industry had the most power and influence, well behind the U.S. government, Wall Street and Hollywood.
  • Respondents were much more likely to say sexual harassment was a major issue in Hollywood (49%) and government (35%) than in Silicon Valley (17%).

It is difficult for Americans to escape the technology industry’s influence in everyday life. Facebook Inc. reports that more than 184 million people in the United States log on to the social network daily, or roughly 56 percent of the population. According to the Pew Research Center, nearly three-quarters (73 percent) of all Americans and 94 percent of Americans ages 18-24 use YouTube. Amazon.com Inc.’s market value is now nearly three times that of Walmart Inc.

But when asked which geographic center holds the most power and influence in America, respondents in a recent Morning Consult survey ranked the tech industry in Silicon Valley far behind politics and government in Washington, finance on Wall Street and the entertainment industry in Hollywood.

 

 

 

 

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