workplace

‘Goliath is winning’: The biggest U.S. banks are set to automate away 200,000 jobs — from gizmodo.com by Brian Merchant

Excerpt (excerpt):

Over the next decade, U.S. banks, which are investing $150 billion in technology annually, will use automation to eliminate 200,000 jobs, thus facilitating “the greatest transfer from labor to capital” in the industry’s history. The call is coming from inside the house this time, too—both the projection and the quote come from a recent Wells Fargo report, whose lead author, Mike Mayo, told the Financial Times that he expects the industry to shed 10 percent of all of its jobs.

This, Mayo said, will lay the groundwork for, and I quote, “a golden age of banking efficiency.” The job cuts are slated to hit front offices, call centers, and branches the hardest, where 20-30 percent of those roles will be on the chopping block. They will be replaced by better ATMs, automated chatbots, and software instruments that take advantage of big data and cloud computing to make investment decisions.

“The next decade should be the biggest decade for banks in technology in history,” Mayo said.

From DSC:
How does this impact entry level positions? How does this help a young graduate who is trying to get out of the Catch 22 with job experience? How are colleges and universities helping young people navigate these quickly changing landscapes?

Kansas City high schools add real-world learning — from gettingsmart.com by Tom Vander Ark

Excerpt:

The good news is that more young people are graduating from high school than ever. The bad news? High school is often less relevant to them and their futures than ever.

The largest effort to make high school more valuable—to young people and their communities— is underway in the six-county two-state Kansas City metro area.

About 60 schools in 15 districts from Kansas and Missouri are spending this school year investigating ways they can make high school more valuable to young people by incorporating more real-world learning.

From DSC:
I know that by the end of his junior year, our son was so tired of having information crammed down his throat. He viewed so much of the content of his courses as irrelevant and unimportant. This year, he is immersed in what he wants to do — acting. And now he is soooooo much more motivated to learn and to grow now that he is able to pursue his passion.

IT laggards could lose up to $20 billion in revenue over the next 5 years, says Accenture [Dignan]

On 10/03/2019, in 21st century, analytics, Artificial Intelligence/Agents/LLMs/and Related, career development, change, cloud-based computing / apps / other cloud-related, corporate / business world, data related items, ideas, innovation, internet, platforms, technology (general), tools, training / L&D, trends, vision/possibilities, workplace, by Daniel Christian

IT laggards could lose up to $20 billion in revenue over the next 5 years, says Accenture — from zdnet.com by Larry Dignan
Accenture’s leaders see enterprise technologies as a system compared to independent fixes and bet on cloud, AI, big data analytics and IoT.

Excerpt:

Companies that fail to scale innovation may lose up to $20 billion in revenue over the next five years as enterprises thrive or dive based on information technology decisions, according to Accenture.

Accenture’s report was based on a survey of more than 8,300 companies across 20 industries and 22 countries. Accenture scored companies on technology adoption, depth of technology adoption and cultural readiness. From there, Accenture segmented companies into leaders, defined as the top 10%, and laggards, which represent the bottom 25%.

Also see:

Digital transformation: 3 change management mistakes to avoid — from enterprisersproject.com by Peter Bendor-Samuel
The degree of change and the pace of change both pick up during a digital transformation. Don’t let these common change management mistakes trip you up
up

Top eLearning Gamification Companies 2019 — from elearningindustry.com by Christopher Pappas

Excerpt:

The Top Performing eLearning Gamification Companies 2019
As community leaders, here at eLearning Industry, we have evaluated hundreds of eLearning content development companies in the past. As we are constantly on the lookout for new advancements and trends in the eLearning field that are relevant to the industry, we decided to take a very close look at outstanding providers of gamification. We have focused on prestige, influence, application of gamification tools, activity in the eLearning field, gamification innovations, and many more subcategories.

For the list of the Top eLearning Gamification Companies 2019, we chose and ranked the best gamification companies based on the following 7 criteria:

Gamification eLearning quality
Customer reviews
eLearning expertise
Niche specialization on gamification
Gamification industry innovation
Company’s social responsibility
Gamification features and capabilities

Artificial Intelligence in Future and Present [datafloq]

On 09/26/2019, in accessibility / UDL, Artificial Intelligence/Agents/LLMs/and Related, Augmented Reality (AR), career development, corporate / business world, digital storytelling, drama/theater, education, education technology, future, game-changing environment, health, ideas, innovation, intelligent systems, intelligent tutoring, internet, IT in HE, law schools, learning, learning agents, learning ecosystem, Learning from the Living [Class] Room, legislatures / government / legal, media/film, Mixed Reality (MR), Natural Language Processing (NLP), personalized/customized learning, platforms, society, story, storytelling, student-related, United States, workplace, by Daniel Christian

Artificial Intelligence in Future and Present — from datafloq.com
A look at what AI might do and what it can actually do in various industries…

Artificial Intelligence and Medicine
Artificial Intelligence and Finance
Artificial Intelligence and Manufacturing
Artificial Intelligence and Media & Entertainment
Artificial Intelligence and Education

Information Technology (IT) skills and jobs are widely misunderstood to be housed primarily in the tech sector, and they are also thought to be inaccessible to all but a small minority of people who have focused intently on computer science. Building on our prior research efforts and mining a database of more than 150 million unique online U.S. job postings, Oracle Academy and Burning Glass Technologies produce new evidence that neither of these perceptions are borne out by data. To the contrary, 90% of IT skills and jobs are concentrated in 10 non-tech industries, leaving only 10% in the tech sector. The rapid growth of IT jobs is more than 50% greater in non-tech industries than in tech industries.

To Tweet, or Not to Tweet. That Is the Question (for Law Professors) — Karen Sloan

On 09/23/2019, in adjunct faculty, change, faculty, innovation, law schools, legal technologies, legislatures / government / legal, platforms, productivity / tips and tricks, professional development, social learning / networks, social media, society, universities, workplace, by Daniel Christian

To Tweet, or Not to Tweet. That Is the Question (for Law Professors) — from law.com by Karen Sloan
The number of law professors using Twitter has increased more than 500% since 2012, according to a new census.

Excerpt:

Law professors are trained to share their thoughts in lengthy, exhaustively footnoted journal articles. So it makes sense that the legal academy as a whole was initially reluctant to embrace Twitter, a medium that forces users to be concise and where the conversation can be bare-knuckled.

But it seems law professors are finally coming around to Twitter. A recent census of law professors on Twitter found that at least 1,310 are on the platform, which represents an increase of more than 500% from 2012, when just several hundred were tweeting.

More law professors have jumped on the Twitter bandwagon as they have watched early adopters use the platform in a variety of ways: From promoting their own work or offering commentary on the news of the day to connecting with others in their field or even engaging with the general public, said Bridget Crawford, a professor at Elisabeth Haub School of Law at Pace University, who compiled the data.

Also see:

Like It Or Not, Law May Open Its Doors To Nonlawyers — from law.com by Aebra Coe

Law360 has learned that the Chicago Bar Foundation and Chicago Bar Association plan to launch a joint task force Oct. 7 to explore how state attorney regulations could be modified to encourage more innovation in the legal sector and ultimately increase access to justice.

For a look at how #AI is being integrated into various industries, check out this article from Forbes

On 09/23/2019, in 21st century, Artificial Intelligence/Agents/LLMs/and Related, bots, career development, computer science, corporate / business world, emerging technologies, engineering, United States, workplace, by Daniel Christian

From DSC:
For a look at how #AI is being integrated into various industries, check out the article below.

AI 50: America’s Most Promising Artificial Intelligence Companies — from forbes.com by Jillian D’Onfro

Excerpts:

Artificial intelligence is infiltrating every industry, allowing vehicles to navigate without drivers, assisting doctors with medical diagnoses, and mimicking the way humans speak. But for all the authentic and exciting ways it’s transforming the tasks computers can perform, there’s a lot of hype, too.
…
The inherently broad term gets bandied about so often that it can start to feel meaningless and gets trotted out by companies to gussy up even simple data analysis. To help cut through the noise, Forbes and data partner Meritech Capital put together a list of private, U.S.-based companies that are wielding some subset of artificial intelligence in a meaningful way and demonstrating real business potential from doing so.
…
The honorees span categories like human resources, security, insurance, and finance, with healthcare, transportation, and infrastructure startups best represented on the list.

Opening at WMU-Cooley Law School: Director of Human Resources

On 09/23/2019, in career development, law schools, legislatures / government / legal, Michigan, workplace, by Daniel Christian

From Jane Hart — the “Top 200 Tools for Learning 2019” is now published

On 09/18/2019, in adjunct faculty, Adobe, Apple, Asia, Australia, blogs / blogging / vlogging, Canada, Canvas - and other Instructure-related items, cloud-based computing / apps / other cloud-related, collaboration, colleges, communications, community colleges, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, digital audio, digital learning, digital photography, digital storytelling, digital textbooks, digital video, Europe, faculty, global / globalization, Google, higher education, India, internet, IT in HE, law schools, learning, learning ecosystem, media/film, Microsoft, multimedia, new media literacies, online learning, platforms, podcasting, productivity / tips and tricks, professional development, social learning / networks, social media, teachers, teaching & learning, teaching online, technologies for your home, technology (general), tools, training / L&D, trends, UK, United States, universities, vendors, web-based collaboration, workplace, by Daniel Christian

Per Jane Hart on LinkedIn:

Top 200 Tools for Learning 2019 is now published, together with:

PLUS analysis of how these tools are being used in different context, new graphics, and updated comments on the tools’ pages that show how people are using the tools.

5 emerging tech trends impacting the enterprise — from campustechnology.com by Rhea Kelly

Excerpts:

Gartner’s Emerging Technologies Hype Cycle focuses specifically on new technologies (not previously highlighted in past Hype Cycles) that “show promise in delivering a high degree of competitive advantage over the next five to 10 years.” The five most impactful trends to watch this year are:

Sensing and mobility.
Augmented human.
Postclassical compute and comms.
Digital ecosystems.
Advanced AI and analytics.

What enterprises intend to do with artificial intelligence [McKendrick]

On 09/10/2019, in 21st century, analytics, Artificial Intelligence/Agents/LLMs/and Related, bots, business, corporate / business world, corporate universities / corporate training, intelligent systems, legal technologies, technology (general), tools, training / L&D, workplace, by Daniel Christian

What enterprises intend to do with artificial intelligence — from zdnet.com by Joe McKendrick
Survey shows business process automation and customer support are the low-hanging fruit with initial AI rollouts, but many organizations are moving on to tackle data analytics.

Excerpt:

The leading categories of use cases seeing AI investments and work include the following:

Business process automation 49%
Customer support/Chatbots 47%
Data extraction 43%
Contract analytics 28%
Voice/video processing/imaging 25%

An artificial-intelligence first: Voice-mimicking software reportedly used in a major theft — from washingtonpost.com by Drew Harwell

Excerpt:

Thieves used voice-mimicking software to imitate a company executive’s speech and dupe his subordinate into sending hundreds of thousands of dollars to a secret account, the company’s insurer said, in a remarkable case that some researchers are calling one of the world’s first publicly reported artificial-intelligence heists.

The managing director of a British energy company, believing his boss was on the phone, followed orders one Friday afternoon in March to wire more than $240,000 to an account in Hungary, said representatives from the French insurance giant Euler Hermes, which declined to name the company.

From DSC:
Needless to say, this is very scary stuff here! Now what…? Who in our society should get involved to thwart this kind of thing?

Programmers?
Digital audio specialists?
Legislators?
Lawyers?
The FBI?
Police?
Other?

Addendum on 9/12/19:

Watch Out For That Email From Management: The Latest Scams Targeting Lawyers — from by Hannah Roberts
Several firms have been targeted by phishing scams in recent months, but why are cyber criminals so drawn to law firms and how can management safeguard their businesses?

Podcast: Susan Patrick on Transforming Education Systems for Equitable High-Quality Learning — from gettingsmart.com by Tom Vander Ark & Susan Patrick

Excerpts:

5 Global Trends

Ensuring education systems are fit for purpose.
Modernizing educator workforce and professional learning.
Innovating education for equity, prioritizing diversity, equity and inclusion.
Aligning pathways from early childhood, K-12, college and workforce.
Redesigning schools based on the learning sciences.
In Fit for Purpose, Patrick and colleagues said, “A school redesign informed by learning sciences puts student success at its center. It incorporates youth development theory, culturally responsive teaching, and evidence-based approaches.” She added, “We must ensure we are designing for equity using research on how students learn best, youth development theory and evidence-based approaches.”

From DSC:
Below are the comments that I relayed back to Tom and Susan on Twitter:

“We need to keep asking– how do we design a system fit for the world we live in?” I thought that this was a great point from Susan. I would just add that not only do we need to look around at the current landscapes, but also what’s coming down the pike (i.e. the world that we will be living in). With the new pace of exponential change, our graduates will need to be able to pivot/adapt frequently and quickly.

Also, watching my wife’s experiences over the last few years, only one of the three school systems offered solid training and development. The other two school systems needed to pay much more attention to their onboarding and training programs. They needed to be far more supportive — working to establish a more team-oriented teaching and learning environment. While the corporate world can learn from the K-12 world often times, this is where the K-12 world could learn a lot to learn from the corporate world.

The Adaptable Organization Series: Part 5: The Ecosystem [Miller & McDowell]

On 09/06/2019, in corporate / business world, motivation, society, strategy, vendors, vision/possibilities, workplace, by Daniel Christian

The Adaptable Organization Series: Part 5: The Ecosystem — from capitalhblog.deloitte.com; posted by Don Miller and Tiffany McDowell

Excerpt:

In an Adaptable Organization, understanding the external environment becomes a continuous activity that fuels constant efforts to evolve the business.

Encouraging people to constantly sense the external environment helps people inside the organization to be open about what they are seeing and how they believe it will impact the organization.

It is a stark contrast to the “set it and forget it” strategy and organizational design that traditionally occurred every three to five years.

Yet this expansive system can easily become misaligned and requires a greater purpose to remain connected.

A shared purpose connects the ecosystem; defines success through the eyes of customers, stakeholders and society; and helps motivate people to succeed. Not only are Adaptable Organizations able to respond quickly to changes, but they also take their role as a social enterprise seriously, moving away from being solely a “business enterprise.” These organizations aim to engage and connect with the hearts and minds of their workers, customers, communities, and societies-at-large. Adaptable Organizations are grounded in social purpose and bring teams on a journey while responding to changes with agility, speed, and ease.

A shared purpose holds the ecosystem together. Direction is given from the shared purpose and not from an organizational hierarchy. By bringing a purpose statement to life and connecting the dots for workers through storytelling and meaningful narratives, workers are more likely to commit to the organization’s strategy and execution.

Learning Ecosystems

Top eLearning Gamification Companies 2019 [Pappas]

The Rising Demand for IT Skills in Non-Tech Industries [Oracle & Burning Glass Technologies]

Opening at WMU-Cooley Law School: Director of Human Resources

The Adaptable Organization Series: Part 5: The Ecosystem [Miller & McDowell]

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