Fully online courses are #1 requirement for many working learners — from campustechnology.com by Rhea Kelly
Excerpt:
A recent report found that four out of five working learners do some of their learning online, and more than half (53 percent) are enrolled in courses that are entirely online. In fact, 42 percent of respondents said that “offering fully online classes and coursework” was their most important factor when choosing a school for continued education.
FTI 2020 Trend Report for Entertainment, Media, & Technology — from futuretodayinstitute.com
Our 3rd annual industry report on emerging entertainment, media and technology trends is now available.
KEY TAKEAWAYS
As pressure to upskill grows, 5 models emerge — from forbes.com by Allison Dulin Salisbury
Excerpt:
The Business Roundtable made big news in August when it redefined the role of corporations to focus on not just share price, but stakeholders. According to the nearly 200 CEOS who joined the statement, making that shift requires that employers not only compensate employees fairly, and provide “important benefits,” it “includes supporting them through training and education that help develop new skills for a rapidly changing world.”
Whatever your preferred statistics, the message is clear: Millions of American workers need new skills, and that number is only set to grow. This talent mismatch isn’t just bad for individuals, it’s a challenge to businesses’ continued productivity and growth. That makes investments that help workers build new skills, and chart a course toward economic mobility, not only mission-aligned—but a business imperative.
In response to a growing imperative, we are experiencing a sort of renaissance at the intersection of education and corporate training.
Five principles for thinking like a futurist — from er.educause.edu by Marina Gorbis
Thinking about the future allows us to imagine what kind of future we want to live in and how we can get there.
Excerpt:
In my twenty years at the Institute, I’ve developed five core principles for futures thinking:
What happens when employers can read your facial expressions? — from nytimes.com by Evan Selinger and Woodrow Hartzog
The benefits do not come close to outweighing the risks.
Excerpts:
The essential and unavoidable risks of deploying these tools are becoming apparent. A majority of Americans have functionally been put in a perpetual police lineup simply for getting a driver’s license: Their D.M.V. images are turned into faceprints for government tracking with few limits. Immigration and Customs Enforcement officials are using facial recognition technology to scan state driver’s license databases without citizens’ knowing. Detroit aspires to use facial recognition for round-the-clock monitoring. Americans are losing due-process protections, and even law-abiding citizens cannot confidently engage in free association, free movement and free speech without fear of being tracked.
“Notice and choice” has been an abysmal failure. Social media companies, airlines and retailers overhype the short-term benefits of facial recognition while using unreadable privacy policies
and vague disclaimers that make it hard to understand how the technology endangers users’ privacy and freedom.
From DSC:
This article illustrates how far behind the legal realm is in the United States when we look at where our society is at with wrestling with emerging technologies. Dealing with this relatively new *exponential* pace of change is very difficult for many of our institutions to deal with (higher education and the legal realm come to my mind here).
Exploring Artificial Intelligence and the Law — a presentation/video by Avi Brudner, from blue J Legal
Delivering learning across a lifetime: Higher education’s new paradigm — from evolllution.com with thanks to Mr. Amrit Ahluwalia for his work on this
Excerpt:
Higher education is no longer a single engagement in an individual’s life, or a stop-off point between high school and a career.
Today, and into the future, higher education’s role is ongoing as the demands of the future labor market will require individuals to continuously up-skill and re-skill to remain relevant. As such, while the traditional two- or four-year postsecondary model will continue to play an important role, colleges and universities must expand their repertoire to consciously deliver learning across individuals’ lifetimes.
Read on to learn how the 100 Year Life is changing the fundamental learning needs of individuals across the labor market, and to understand how postsecondary institutions can evolve to fulfil their missions within this new paradigm.
From DSC:
This important perspective/trend reminds me of the graphic below…
Also see:
The employee of the future, he added, “typically will have a new job every five years, probably for 60 to 80 years, and probably every one of those will require skills you did not learn in college.”
Priorities for new lawyers are changing. Can the legal industry keep up? — — from law.com by Annie Datesh, Natasha Allen, and Nicole Hatcher, Atrium
As the legal field continues to move forward, it is well-primed to place greater value on technological advancements, diverse leadership, and healthy work cultures over settling for the status quo.
Excerpts:
Yet the legal industry these lawyers are joining is evolving, and now increasingly hosts a new cohort of professionals—those shaped by technology and innovation, and who value diversity, mentorship, and efficiency over homogeneous workplaces with minimal coaching and exhausted capacities.
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Amid a strengthening job market, why are jobs in a generally well-respected industry being looked over in favor of other industries? One reason could be the legal industry’s notorious lack of progressiveness. The industry’s technology landscape is one such area of slow growth; its lack of diversity is another.
The legal industry’s long-standing dismissal of technology, while slowly changing, is fairly well known. While legal technology holds enormous potential for law firms, the industry as a whole has been famously slow to adopt modern technologies or meaningfully innovate on the traditional law firm business model. Why? For smaller firms, money can be tight, and solutions can be expensive.
The good news is that the legal industry is slowly but surely becoming more receptive to the benefits of evolving its traditional approach to the business and practice of law. Legal technologies continue to offer increased efficiencies to law firms, should they elect to adopt them, and the call for diversity and other cultural improvements within firms and the legal industry more broadly is on the rise.
…
Those players in the legal industry who are able to recognize prevailing industry trends now will be in the best position to act on them.
An inserted graphic from DSC:
The Future Ready Lawyer — from Wolters Kluwer
Excerpts:
Leveraging technology as a strategic advantage is characteristics of high-performing businesses and professionals around the world. The same is true for the legal sector. Technology is a differentiator, and will become even more important as legal professionals recognize and leverage the unprecedented insights, capabilities and efficiencies that technology delivers. In addition, the emerging legal ecosystems will demand it, as tech-empowered players outside of the traditional legal profession continue to enter and disrupt the market.
From DSC:
It’s interesting to note how many times the words “technology” (205 times) and/or the word “technologies” (77 times) appear in that report.
Big money is betting on legal industry transformation — from forbes.com by Mark Cohen
Excerpts:
Law has been big business for decades, but only recently has significant venture capital, private equity, and entrepreneur money been pumped into the legal sector. Last year saw an eye-popping 718% increase in legal industry investment, and this year’s capital infusion through the third-quarter has already surpassed last year’s $1 billion total and could well double it. Capital is turbocharging customer-centric providers that are leveraging technology, process, new skillsets, and data to transform the legal function and the delivery of legal services.
…
Teaser alert: what’s to prevent Amazon, Google, or some other tech giant from entering the legal space, creating a global platform, injecting billions into infrastructure and talent, creating a global legal services hub that connects consumers with global legal delivery sources as never before imagined? Short answer: the inclination to do so.
Legal delivery has morphed into a three-legged stool supported by legal, technological, and business expertise.
