trends

Taking stock as the world population hits 8 billion [mckinsey.com]

On 11/15/2022, in 21st century, Africa, Asia, Canada, change, Europe, future, generational differences, history, ideas, legislatures / government / legal, policy, political science, society, sociology, surviving, trends, UK, United States, vendors, vision/possibilities, by Daniel Christian

Taking stock as the world population hits 8 billion — from mckinsey.com

Excerpt:

November 13, 2022 Projections show the global population will surpass 8 billion people on November 15, and in 2023, India is expected to surpass China to become the world’s most populous nation. It was only 11 years ago that the world reached the last billion; these milestones generate considerations of resource allocation, food security, climate change, and more. Already, one in nine people can’t get enough to eat every day, even while 33 to 40 percent of our food is lost or wasted each year, according to research from senior partners Clarisse Magnin and Björn Timelin. As we continue to grow, how can we support an unprecedented population while raising the quality of life for all? Explore our insights to learn more about how to avoid a food crisis, common misconceptions around global migration, the future of an aging population, and more.

Also see:

EIEIO’s e-newsletter of 11/13/22 where it says:

This week on Tuesday, it’s projected that a baby will be born somewhere on Planet Earth that brings the population to 8 billion people. Notably, the global population reached 7 billion people just eleven years ago. When I was born, in 1962, there was 3 billion people, and the United States had a population of 180 million versus roughly 335 million today.

.

What we know from Nobel Laureate Economist James Heckman out of the University of Chicago is that $1 invested in early childhood education produces a $7 return in economic gain. Moreover, while investment in education produces a compelling return at all stages, the earlier you invest in education, the higher the return.

A student debt study unravels the American Dream ideal that college will propel you to the middle class [Williams]

On 11/13/2022, in 21st century, Alternatives, colleges, community colleges, cost of getting a degree, dangers of the status quo, future of higher education, game-changing environment, higher education, parents/guardians, participation, society, sociology, trends, United States, universities, by Daniel Christian

A student debt study unravels the American Dream ideal that college will propel you to the middle class — from fortune.com by Bytrey Williams with thanks to Ray Schroeder for this resource out on LinkedIn

Excerpts:

Looking at a cohort of borrowers from 2009, the report highlights that 50% of undergraduate debtors hadn’t repaid their loans. Across different types of loans, borrowers owed between 50% to 110% of their original loan 10 years after repayment began.

A college degree is undoing the American Dream
Getting a college degree has long been heralded as a staple to the American Dream, viewed as the path to wealth that will eventually buy a house in suburbs with a white picket fence. But the Jain Institute report shows that’s no longer the case.

Reflections on Proverbs 11:1

On 11/02/2022, in business, corporate / business world, dangers of the status quo, Daniel S. Christian, ethics, hearts -- matters of the heart, Michigan, morals/values, parents/guardians, relationships, society, trends, United States, vendors, workplace, by Daniel Christian

11 The Lord detests dishonest scales,
but accurate weights find favor with him.

From DSC:
I thought about this verse the other day as I opened up a brand-new box of cereal. The box made it look like I was getting a lot of cereal — making it look like a decent value for the price. But when I opened it up, it was about half full (I realize some of this occurs by pushing out the box as the contents settle, but come on!). In fairness, I realize that the amount of the cereal is written on the box, but the manufacture likely kept the size of the box the same but decreased the amount that they put within it. They kept the price the same, but changed the quantity sold.

This shrinkification of items seems to be happening more these days — as companies don’t want to change their prices, so they’ll change the amounts of their products that you get.

It just strikes me as yet another deception.
We BS each other too much.
We rip each other off too much.
We bury stuff in the fine print.
Our advertising is not always truthful — words are easy to say, and much harder to back up.
We treat people as though they just exist to make money off of. It’s like Philip Morris did to people for years, and it still occurs today with other companies.
In today’s perspective, people are to be competed against but not to be in relationships with.

I hope that we can all build and offer solid products and services — while putting some serious quality into those things. Let’s make those things and offer those services as if we were making them for ourselves and/or our families. Let’s use “accurate weights.” And while we’re trying to do the right things, let’s aim to be in caring relationships with others.

The Future Today Institute’s 15th Anniversary Tech Trends Report

Excerpt:

Future Today Institute’s 2022 Tech and Science Trends Report is now available. Downloaded more than 1 million times each year, FTI’s annual Tech Trends Report is a must-read for every industry. Learn the key trends impacting finance, insurance, transportation, healthcare, sports, logistics, telecom, work, government and policy, security, privacy, education, agriculture, entertainment, music, CPG, hospitality and dining, ESGs, climate, space and more. Discover critical insights. See what strategic action you can take on the futures, today.

7 Technologies that are Changing Healthcare — from digitalsalutem.com by João Bocas

In this article we are going to talk about the seven technologies that are changing healthcare:

Artificial Intelligence
Blockchain
Virtual Reality
Robots
Mapping technologies
Big Data
Neurotechnology

This startup 3D prints tiny homes from recyclable plastics — from interestingengineering.com by Nergis Firtina; with thanks to Laura Goodrich for this resource

Satellite Billboards Are a Dystopian Future We Don’t Need — from gizmodo.com by George Dvorsky; with thanks to Laura Goodrich for this resource
Brightly lit ads in orbit are technologically and economically viable, say Russian scientists. But can we not?

South Korea to Provide Blockchain-based Digital Identities to Citizens by 2024 — from blockchain.news by Annie Li; with thanks to Laura Goodrich for this resource

Excerpt:

South Korea plans to provide digital identities encrypted by blockchain with smartphones to citizens in 2024 to facilitate its economic development., Bloomberg reported Monday.

The South Korean government stated that with the expansion of the digital economy, the ID embedded in the smartphone is an indispensable emerging technology to support the development of data.

From DSC:
Interesting to see blockchain show up in the first item above on healthcare and also on this item coming out of South Korea for digital identities.

The Bruce Willis Deepfake Is Everyone’s Problem — from wired.com by Will Bedingfield; with thanks to Stephen Downes for this resource
There’s a fight brewing over how Hollywood stars can protect their identities. But it’s not just actors who should be paying attention.

Excerpts:

Yet the question of “who owns Bruce Willis,” as Levy put it, isn’t only a concern for the Hollywood star and his representatives. It concerns actors unions across the world, fighting against contracts that exploit their members’ naivety about AI. And, for some experts, it’s a question that implicates everyone, portending a wilder, dystopian future—one in which identities are bought, sold, and seized.

“This is relevant not just to AI contracts [for synthetic performances], but any contract involving rights to one’s likeness and voice,” says Danielle S. Van Lier, assistant general counsel, intellectual property and contracts at SAG-AFTRA. “We have been seeing contracts that now include ‘simulation rights’ to performers’ images, voices, and performances. These contract terms are buried deep in the boilerplate of performance agreements in traditional media.”

Addendum on 10/26/22:

Blockchain and the Future of Medical Technology: Trends in Medicine — from intelligenthq.com

Higher Ed’s Enrollment Fell Again This Fall, if a Bit More Slowly [Williams June]

On 10/21/2022, in business side of he, colleges, community colleges, higher education, trends, United States, universities, by Daniel Christian

Higher Ed’s Enrollment Fell Again This Fall, if a Bit More Slowly — from chronicle.com by Audrey Williams June

Excerpt:

New data from the National Student Clearinghouse Research Center provides a somber message about college attendance in the fall of 2022: Undergraduate enrollment, under severe pressure since the start of the pandemic, is still on the decline.

While the 1.1-percent dip in undergraduate enrollment this fall was less severe than the drops during the same period in 2020 and 2021, the loss of undergraduate students still hit every sector, according to the data, released on Thursday.

Also relevant/see:

The college enrollment drop is finally letting up. That’s the good news — from npr.org by Elissa Nadworny
US enrolment declines slow to pre-Covid levels — from timeshighereducation.com by Paul Basken
America’s Ph.D. Production Experienced Its Steepest Drop on Record — from chronicle.com by Audrey Williams June
According to the survey, 52,250 doctoral degrees were awarded in 2021. That’s nearly 3,000 Ph.D.s fewer than in 2020, when the number of Ph.D. recipients, at 55,224, had fallen 0.7 percent from the previous year.
College Enrollments Decline For Third Straight Year Amid Strong Job Market, Student Debt Fears — from forbes.com by Emma Whitford
As the Pandemic Wanes, All Eyes Are on Enrollment — from insidehighered.com by Liam Knox and Sara Weissman
Institutions are eager to see this fall’s enrollment numbers as they prepare to strategize for a post-pandemic landscape. The data are scattered, but some trends are starting to emerge.

The 5 Biggest Artificial Intelligence (AI) Trends In 2023 — from forbes.com by Bernard Marr

Excerpt:

Today, the technology most commonly used to achieve AI is machine learning – advanced software algorithms designed to carry out one specific task, such as answering questions, translating languages or navigating a journey – and become increasingly good at it as they are exposed to more and more data.

Worldwide, spending by governments and business on AI technology will top $500 billion in 2023, according to IDC research. But how will it be used, and what impact will it have? Here, I outline what I believe will be the most important trends around the use of AI in business and society over the next 12 months.

Also relevant/see:

Press Art to Continue: New AI Tools Promise Art With the Push of a Button — But Reality Is More Complicated — from blogs.nvidia.com by Brian Caulfield
Creatives like Drew Leung are taking, and breaking, the latest AI tools, and, in the process, learning how they can make their work better.
State of AI Report 2022 — from stateof.ai by Nathan Benaich and Ian Hogarth
The State of AI Report analyses the most interesting developments in AI. We aim to trigger an informed conversation about the state of AI and its implication for the future.

Several items from the Clio Cloud Conference plus other legal innovation/future-related items

On 10/16/2022, in Access to Justice (A2J), blogs / blogging / vlogging, future, innovation, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, marketing/social marketing, podcasting, strategy, telelegal, trends, United States, vendors, Virtual courts and law firms, by Daniel Christian

From DSC:
Many of the items below are from Laurence Colletti’s posting, Clio Cloud Conference – The Big Return

Clio Cloud 2022: Innovation in the Courts with Judge Schlegel — from legaltalknetwork.com by Laurence Colletti and Judge Scott Schlegel

Episode notes:

The pandemic was a driver for change in justice systems around the globe, but one court’s innovative and inexpensive approach is worth a closer look. Judge Scott Schlegel manages what may be one of the most advanced courts in the United States for delivering justice online. Tune in for his tips on how any jurisdiction in the country can modernize its justice system for under a thousand dollars. Go to https://www.onlinejudge.us/ for all of Judge Schlegel’s recommendations.

Clio Cloud 2022: The Benefits of a Legal Blog — from legaltalknetwork.com by Laurence Colletti and Teresa Matich, Kevin O’Keefe, and Iffy Ibekwe
Legal blog posts are great tools for building relationships with potential clients because they build trust, credibility, and allow you to create a personal connection with your clients.

LawNext Podcast: What Is Justice Tech? A Conversation with Maya Markovich — from lawnext.com by

Excerpt:

An increasing number of startups are defining themselves not as legal tech, but as justice tech. So what, exactly, is justice tech, who are some of the companies that represent it, and what is the business opportunity they present for potential investors? Our guest this week is Maya Markovich, executive director of the Justice Technology Association, an organization formed earlier this year to support companies in the justice tech sector.

Clio Cloud 2022: Insights from Clio’s 2022 Legal Trends Report — from legaltalknetwork.com by Laurence Colletti, Joshua Lenon, and Rio Peterson
Amid Inflation, Rising Interest Rates, and Volatile Employment Markets, Clio takes a look at How Global Trends have Impacted Business and Productivity among law firms.

Clio Cloud 2022: What Lies Ahead for Legal with Jack Newton — from legaltalknetwork.com by Laurence Colletti and Jack Newton

Episode notes:

The world of lawyering has surged in spite of the pandemic, but new adversity looms. Fears over inflation, war, hiring markets, and a recession have left many attorneys wondering how to prepare for the coming months. Jack Newton discusses the concept of anti-fragility and its place as a mental model for law firms as they face an uncertain future. Jack outlines how deliberate preparation can help your law firm thrive in the midst of opposition.

Jack Newton is CEO and co-founder of Clio.

Clio Cloud 2022: How Content Creation Can Grow Your Law Firm — from legaltalknetwork.com by Laurence Colletti

Also related, see:

Virtual Courts Are Not Going Away — from news.bloomberglaw.com by Jon David Kelley
As the pandemic winds down, courts are shifting to a hybrid approach that incorporates remote with live proceedings. Jon David Kelley of Kirkland says virtual courts can expand access to justice, but care should be taken to maintain credible representation.

Amazon ups its cloud training investments [Ashburn]

On 10/16/2022, in Alternatives, Amazon, business side of he, career development, change, cloud-based computing / apps / other cloud-related, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, credentialing, learning spaces, online learning, skills, training / L&D, trends, United States, by Daniel Christian

Amazon ups its cloud training investments — from workshift.opencampusmedia.org by Byelyse Ashburn
Amazon Web Services just launched a new skills center near D.C. and is expanding both its in-person and online training programs for cloud careers.

Excerpt:

The big idea: The skills center is just one part of AWS’ plan to spend hundreds of millions of dollars providing free training in cloud computing to 29 million people globally by 2025. In the past year, the company has dramatically increased its free cloud skills offerings, adding AWS Skill Builder, an online library of 500-plus self-paced courses. It’s also twice expanded re/Start, its cohort-based training program for workers who are unemployed or underemployed.

Thus far, the company has helped more than 13 million people gain cloud skills for free through its various offerings—seven million more than this time last year.

More Than 3 in 4 Americans Believe College Is Difficult to Afford [Jacobson Snyder]

On 10/12/2022, in Alternatives, business side of he, colleges, community colleges, cost of getting a degree, funding / grants, future, future of higher education, game-changing environment, higher education, learning ecosystem, parents/guardians, society, sociology, student-related, trends, United States, universities, by Daniel Christian

More Than 3 in 4 Americans Believe College Is Difficult to Afford — from morningconsult.com by Amanda Jacobson Snyder
And about half of U.S. adults say in-state public universities are “not affordable,” as shifting trends in enrollment may make flagship state schools seem financially out of reach

Excerpt:

A college education is widely perceived as unaffordable for most Americans, with 77% of U.S. adults saying a college degree would be difficult for someone like them to afford.
82% of women said a college degree would be difficult to afford, compared with 73% of men.
Roughly 4 in 5 Black and Hispanic adults said college would be difficult to afford.

Clio’s 2022 Legal Trends Report + six other legal-related items

On 10/12/2022, in experimentation, innovation, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, Microsoft, platforms, tools, trends, UK, United States, by Daniel Christian

Clio’s 2022 Legal Trends Report
Learn how lawyers are balancing the flexibility of hybrid work, and what clients look for when hiring a lawyer.

Also relevant/see:

Clio’s 2022 Legal Trends Report Finds Lawyers’ Business Growing But Fees Fail to Keep Pace — from lawnext.com by Bob Ambrogi

Top law schools have been slow to add women faculty members, research finds — from highereddive.com

Excerpt:

Law schools have increasingly sorted along gender lines, and the makeup of faculties has become a reflection of schools’ student population, according to preprint research published on the SSRN, an open access platform for early-stage research.

Five digital trends to watch in the legal tech sector — from information-age.com by Leanne Aldrich

Excerpt:

Technology is changing the legal sector. The UK government has recently announced that it is investing £4m to modernise the UK legal industry through its LawTechUK programme. The initiative is a part of a drive to keep the UK at the global forefront of legal services..

ILTA’s Annual Technology Survey: Highlights — from legaltechnology.com

What does it take to be a legal technologist? — legalfutures.co.uk

Excerpt:

When the first seeds of the legal technologist role were planted in the early 2010s, they took some time to germinate. A decade later, after a seemingly slow start, there has been an explosion of investment, awareness and new job opportunities in legal technology.

But as this new strand of the legal profession sets its roots deeper in the industry, what exactly does it take to be a legal technologist?

Shearman & Sterling Launches Legal Ops Service In Sign of the Times — from artificiallawyer.com

Excerpt:

In another sign of the changing times we are in, leading New York law firm Shearman & Sterling is formally launching a Legal Operations capability. The move follows fellow elite rival Cleary Gottlieb launching Cleary X, its innovation-focused legal delivery arm.

A decade ago many would not have expected New York’s top firms to be that bothered with anything other than high-end legal advisory and disputes work, but the legal world is evolving.

‘Legal Operations by Shearman’ will offer a range of services including legal tech help, data analytics, and inhouse department design, but may work with ALSPs and other groups when it comes to CLM onboarding, with these other providers handling actual implementation and with Shearman focused on the bigger legal ops picture.

#legal #trends #legaltech #lawyers #law #lawschools

What might the ramifications be for text-to-everything? [Christian]

On 10/11/2022, in 21st century, 24x7x365 access, A/V -- audio/visual, art, Artificial Intelligence/Agents/LLMs/and Related, assistive technologies, Bias | Diversity Equity & Inclusion (DE&I), cloud-based computing / apps / other cloud-related, CMS/LMS, colleges, communications, communities of practice, community colleges, computer science, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, creativity, Daniel S. Christian, digital audio, digital learning, digital storytelling, digital textbooks, digital video, distance education, drama/theater, e-books, e-publishing related items (EPUB and more), education, education technology, elearning, emerging technologies, engagement / engaging students, experimentation, face-to-face, faculty, future, future of higher education, game-changing environment, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), ideas, innovation, instructional design, IT in HE, K-12 related, languages and translation, law schools, learner profiles, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, learning hubs & pods & microschooling, learning preferences, learning spaces, legal technologies, media/film, Metaverse, microlearning, Mixed Reality (MR), more voice more choice more control, multimedia, Natural Language Processing (NLP), neurodivergent/special needs, online learning, online media, online tutoring, platforms, podcasting, presentations, productivity / tips and tricks, publishing, smart classrooms, smart/connected TV, story, storytelling, streams of content, teachers, teaching & learning, teaching online, technologies for your home, technology (general), telecommunications, telelegal, telemedicine / telehealth / virtual health, telepresence, television, tools, training / L&D, transmedia, trends, United States, universities, usability, user experience (UX), vendors, videoconferencing, Virtual courts and law firms, vision/possibilities, visualizing information, voice recognition / voice enabled interfaces, wearables, web-based collaboration, Web3, webinars, workplace, by Daniel Christian

From DSC:

We can now type in text to get graphics and artwork.
We can now type in text to get videos.
There are several tools to give us transcripts of what was said during a presentation.
We can search videos for spoken words and/or for words listed within slides within a presentation.

Allie Miller’s posting on LinkedIn (see below) pointed these things out as well — along with several other things.

This raises some ideas/questions for me:

What might the ramifications be in our learning ecosystems for these types of functionalities? What affordances are forthcoming? For example, a teacher, professor, or trainer could quickly produce several types of media from the same presentation.
What’s said in a videoconference or a webinar can already be captured, translated, and transcribed.
Or what’s said in a virtual courtroom, or in a telehealth-based appointment. Or perhaps, what we currently think of as a smart/connected TV will give us these functionalities as well.
How might this type of thing impact storytelling?
Will this help someone who prefers to soak in information via the spoken word, or via a podcast, or via a video?
What does this mean for Augmented Reality (AR), Mixed Reality (MR), and/or Virtual Reality (VR) types of devices?
Will this kind of thing be standard in the next version of the Internet (Web3)?
Will this help people with special needs — and way beyond accessibility-related needs?
Will data be next (instead of typing in text)?

Hmmm….interesting times ahead.

What researchers learned about online higher education during the pandemic — from hechingerreport.org by Jon Marcus
Its massive expansion created a worldwide laboratory to finally assess how well it works

Excerpts:

Now the results of this experiment are starting to come in. They suggest that online higher education may work better than pre-pandemic research showed, and that it is evolving decisively toward a combination of in-person and online, or “blended,” classes.
…
“Initially when we were doing that research it was always on the class or the course level and very rarely were you able to see how online education worked across programs and across institutions,” never mind across the world, said Michael Brown, assistant professor of higher education and student affairs at the Iowa State University School of Education.

By last year, more than half of all faculty said they “agreed” or “strongly agreed” that they wanted to combine online with face-to-face instruction, a Bay View Analytics survey found. A Harvard University task force found that 82 percent of faculty there were interested in adding digital tools they adopted while teaching remotely to their in-person classes.
…
“It’s going to take years for us to really be able to see, out of the things coming out of the pandemic, what works well, what works well in some settings and what works well for some students and not for others,” Hart said.

Also from hechingerreport.org by Jon Marcus, see:

Momentum builds for helping students adapt to college by nixing freshman grades
Critics deride ‘un-grading’ as coddling, say it risks creating ‘snowflake’ students

Tearing the ‘paper ceiling’: McKinsey supports effort driving upward mobility for millions of workers [mckinsey.com]

On 10/09/2022, in Alternatives, analytics, Artificial Intelligence/Agents/LLMs/and Related, business, career development, change, cloud-based computing / apps / other cloud-related, corporate / business world, corporate universities / corporate training, skills, society, technology (general), trends, United States, vendors, Web3, workplace, by Daniel Christian

Tearing the ‘paper ceiling’: McKinsey supports effort driving upward mobility for millions of workers — from mckinsey.com

Excerpt:

September 23, 2022There’s a hidden talent pool that most employers overlook—the more than 70 million workers in the US who are STARs, or workers ‘skilled through alternative routes.’ Whether through community college, workforce training, bootcamp or certificate programs, military service, or on-the-job learning, STARs have the skills for higher-wage jobs but often find themselves blocked from consideration.

This week, nonprofit Opportunity@Work and the Ad Council have launched a nationwide campaign to ‘Tear the Paper Ceiling’ and encourage employers to change hiring practices. McKinsey is providing pro bono support to the effort through data and analytics tools that enable recruiters to recognize STARs and their skills.

“While companies scramble to find talent amid a perceived skills gap, many of their job postings have needlessly excluded half of the workers in the country who have the skills for higher-wage work,” says Byron Auguste, founder of Opportunity@Work and a former senior partner at McKinsey. “Companies like the ones we’re proud to call partners in this effort—and those we hope will join—can lead the way by tapping into skilled talent from a far wider range of backgrounds.”

There are lots of reasons why someone might not begin or complete a degree that have nothing to do with their intrinsic abilities or potential. We know there are better ways to screen for talent and now we have the research and tools to back that up.

Carolyn Pierce, McKinsey partner

Also from McKinsey, see:

Latest McKinsey tech outlook identifies 14 key trends for business leaders

Excerpt:

October 4, 2022 The McKinsey Technology Council—a global group of over 100 scientists, entrepreneurs, researchers, and business leaders—has published its second annual Technology Trends Outlook. By assessing metrics of innovation, interest, investment, and adoption, the council has prioritized and synthesized 40 technologies into 14 leading trends.

Following on from last year, applied AI once again earned the highest score for innovation in the report. Sustainability, meanwhile, emerged as a major catalyst for tech around the world, with clean energy and sustainable consumption drawing the highest investment from private-equity and venture-capital firms. And five new trends were added to this year’s edition: industrializing machine learning, Web3, immersive-reality technologies, the future of mobility, and the future of space.

In this post, McKinsey senior partner Lareina Yee, expert partner Roger Roberts, and McKinsey Global Institute partner Michael Chui share their thoughts about what the findings may mean for leaders over the next few years.

Learning Ecosystems

Taking stock as the world population hits 8 billion [mckinsey.com]

A student debt study unravels the American Dream ideal that college will propel you to the middle class [Williams]

Reflections on Proverbs 11:1

Higher Ed’s Enrollment Fell Again This Fall, if a Bit More Slowly [Williams June]

Several items from the Clio Cloud Conference plus other legal innovation/future-related items

Amazon ups its cloud training investments [Ashburn]

Clio’s 2022 Legal Trends Report + six other legal-related items

Categories

Tags