HSF embraces the metaverse with new digital law course for students — from legalcheek.com by Thomas Connelly

Excerpt:

The global law firm has launched a series of free workshops exploring how lawyers help clients navigate novel legal and regulatory issues relating to techy-topics including the metaverse, non-fungible tokens (NFTs), robotics and artificial intelligence (AI).

From DSC:
This kind of thing needs to happen in law schools across many countries.

 
 

Megatrends | September 25, 2022 — by Michael Moe, Tim Juang, Owen Ritz, & Kit Royce

“The trend is your friend.” – Martin Zweig

“Follow the trend lines, not the headlines.” – Bill Clinton

“In order to be irreplaceable, one must always be different.” – Coco Chanel

“I don’t set the trends. I just find out what they are and exploit them.” – Dick Clark

Megatrends are powerful technological, economic, and social forces that develop from a groundswell (early adoption), move into the mainstream (mass market), and disrupt the status quo (mature market), driving change, productivity, and ultimately growth opportunities for companies, industries, and entire economies.


.

The metaverse is not a vertical trend; it’s a horizontal trend that will impact sectors ranging from healthcare, education, socialization, entertainment, commerce, and more.

 

Top Tools for Learning 2022 [Jane Hart]

Top Tools for Learning 2022

 

Top tools for learning 2022 — from toptools4learning.com by Jane Hart

Excerpt:

In fact, it has become clear that whilst 2021 was the year of experimentation – with an explosion of tools being used as people tried out new things, 2022 has been the year of consolidation – with people reverting to their trusty old favourites. In fact, many of the tools that were knocked off their perches in 2021, have now recovered their lost ground this year.


Also somewhat relevant/see:


 

State of the Global Workplace: 2022 Report — from gallup.com

This annual report represents the collective voice of the global employee. In this edition, the pandemic and its aftershock continued to disrupt the workplace. Check out the most recent employee data and workplace trends in the State of the Global Workplace: 2022 Report.

Explore Key Findings
The pulse of the global workplace is low, but it’s still beating. Our findings depict a difficult 2021, but leave much room for leaders to ask, “How am I creating a thriving workplace for my employees today?”

  1. Global engagement and wellbeing trends are stable, but low.
  2. Employee stress is at a new all-time high.
  3. South Asian and European workers’ hope declined.
  4. Here’s the one place the job market recovered.
  5. Despite challenges, this is the best region to be a worker.
  6. The global economy loses trillions to low engagement.

Also relevant/see:

Job unhappiness is at a staggering all-time high, according to Gallup — from cnbc.com by Leah Collins

Key Points:

  • The job market continues to boom, with millions of workers still leaving their jobs each month despite talk of a slowing economy and recession.
  • Also booming, according to Gallup polling, worker disengagement and unhappiness.
  • This is not just an HR issue but a bottom line one as well: business units with engaged workers have 23% higher profit, while employees who are not engaged cost the world $7.8 trillion in lost productivity, equal to 11% of global GDP.

The Backlash Against Quiet Quitting Is Getting Loud — from wsj.com by Kathryn DillFollow and Angela YangFollow
First came the viral phenomenon. Now critics are taking to task those who advocate for coasting on the job.

2 years of pandemic, war, and climate crisis have made many Americans rethink work as just ‘silly little jobs’ — from businessinsider.com by Juliana Kaplan

Work smarter, not harder: Gen Z is driving the ‘quiet quitting’ trend — but is it as negative as it seems? Young professionals are weighing in — from linkedin.com by Gianna Prudente

The anti-work movement — from axios.com by Erica Pandey

What’s happening: This is a rebellion against the “rise and grind” ethos.

The rising approach is to work to live, instead of live to work. Don’t leave your job — but focus on fun, fulfilling activities outside of work while staying on the payroll.

Execs anticipate job cuts — from linkedin.com by Joseph Gobran

Excerpt:

Business leaders are seemingly optimistic right now. More than 83% of CEOs are focusing business strategy on growth as just 30% see recession as a serious risk within the next year, according to a recent PwC survey of over 700 executives in the U.S. It’s a cautious optimism — companies are still preparing for economic risks. About 50% of CEOs plan on reducing company headcount and 44% plan on rescinding job offers. Despite potential cuts, 64% of execs said they plan on raising salaries for current employees.

 

How will the Metaverse Influence Business and Legal Processes? — from jdsupra.com

Excerpt:

While some will be hesitant to use the metaverse and adoption is difficult to predict, it is not going away and will undoubtedly affect internal processes, business dealings, case strategy, and more. Organizations should start thinking about the possibilities now to be better prepared for future challenges. Below are some predictions on how the metaverse will influence operations, strategy, and investments across different areas of the enterprise.

Lawyers & the Metaverse — from joetechnologist.com by Elizabeth Beattie and Joseph Raczynski

Excerpt:

In a new Q&A interview, Thomson Reuters’ technologist and futurist Joseph Raczynski offers his insight about the Metaverse and how it will impact the legal industry.

I have likely spoken to thousands of lawyers over the last several years. They are extraordinarily bright, but with one limiting factor — their dedication to their craft. This means that they do not have the time to lift their heads to see what is coming. All these emerging technologies will impact their practices in some way, as well as the business of law. At a minimum, lawyers need the opportunity to focus on the big four: AI, blockchain, workflow, and the grab bag of general emerging technology. There are a multitude of places to learn about these things, but I would include some of the classics such as Google Alerts, Twitter threads on these topics, and magazines like Wired, which should be a staple for everyone.

These legal issues should be on college business officers’ radars — from highereddive.com by Rick Seltzer
A panel at the National Association of College and University Business Officers’ annual meeting covered legal questions spanning many offices on campus.

Let’s not presume that virtual hearings are the best solution in family law — from canadianlawyermag.com by John Silvester

Excerpts:

Proponents argue that virtual hearings are less expensive for clients, leading to enhanced access to justice for those who cannot afford to pay for their lawyers to travel to a courthouse and then sit and wait for hearings to commence. Sounds reasonable, right?

Not so fast.

Virtual hearings are advantageous in some scenarios, but there are at least three reasons why moving to an almost entirely virtual legal world may prove problematic.

LawNext Podcast: CALI Executive Director John Mayer on Using Tech to Advance Legal Education and Access to Justice — from lawnext.com by Bob Ambrogi and John Mayer

Excerpt:

In this episode of LawNext, Mayer joins host Bob Ambrogi to discuss the history and mission of CALI and to share his thoughts on the use of technology to enhance legal education. They also talk about how and why A2J Author was developed and how it is used by courts and legal services organizations to help those who are without legal representation. Mayer also shares his thoughts on the future of innovation in law and on the future of CALI.

Louisiana Approves Virtual Custody Services and Proposes Virtual Currency Business Licensing Rules — from natlawreview.com by Moorari Shah and A.J. S. Dhaliwal

Excerpt:

Recently, the Louisiana lawmakers and regulators have taken steps to legalize operations in the state involving virtual currencies. On June 15, the Louisiana governor signed a bill that, effective August 1, 2022, will allow financial institutions and trust companies to provide virtual currency custody services to their customers as long as they satisfy certain requirements on risk-management and compliance. On June 20, the Louisiana Office of Financial Institutions (OFI) published proposed rules on licensing and regulation of virtual currency businesses in the state pursuant to the Louisiana Virtual Currency Business Act, which went into effect on August 1, 2020.

 

Why Infosys’s cofounder Nilekani is urging leaders to use tech for good

Why Infosys’s cofounder Nilekani is urging leaders to use tech for good  — from mckinsey.com by Gautam Kumra
The cofounder of the multinational IT company believes Indian start-ups will soon develop technologies to transform education, healthcare, and other social challenges.

Excerpts:

McKinsey: The world has also become a more complex place, with recent geopolitics, inflation complexity, rocketing energy prices, excessive liquidity, and digitization challenges. How do you personally keep adapting and learning?

Nandan Nilekani: In the last 40 years, I think we have gone through every transition: mainframes to minicomputers to LANs [local area networks] to internet to smartphones to AI. It has been fun understanding and riding these waves.

In my view, if a billion people can use something, then that’s a benefit. A billion people can learn using technology. A billion people can get better healthcare using technology. A billion people can move around and change jobs using technology.

From DSC:
I hope I can meet Nandan Nilekani someday. I feel that he is a kindred spirit. Several things that he said really resonated with me.

 


Ways that artificial intelligence is revolutionizing education — from thetechedvocate.org by Matthew Lynch

Excerpt:

I was speaking with an aging schoolteacher who believes that AI is destroying education. They challenged me to come up with 26 ways that artificial intelligence (AI) is improving education, and instead, I came up with. They’re right here.


AI Startup Speeds Healthcare Innovations To Save Lives — from by Geri Stengel

Excerpt:

This project was a light-bulb moment for her. The financial industry had Bloomberg to analyze content and data to help investors uncover opportunities and minimize risk, and pharmaceutical, biotech, and medical device companies needed something similar.



 

Also relevant/see:

What is Norton Rose Fulbright’s LX Studio? — from artificiallawyer.com

Excerpts:

‘From tiny acorns, mighty oak trees grow’ so the saying goes, and it’s fair to say that US-based LX Studio, the new innovation project of global firm Norton Rose Fulbright (NRF), is very much still an acorn – but it has plenty of potential.

Artificial Lawyer spoke to Jeff Cody, Managing Partner for the US side of 3,700-lawyer NRF, which was formed by the merger of the UK’s Norton Rose and America’s Fulbright & Jaworski in 2013, to find out some more.

But, with a more optimistic outlook one might say that this is a beginning; and that although the US is home to many pioneering legal tech companies and ALSPs, the reality is that few law firms in the US have dedicated innovation groups which mirror the full range of what NRF has in the UK, for example.

NRF Transform -- global legal operations

 

The Cardboard Sculptures of Artist Warren King Are an Homage to His Chinese Heritage — from thisiscolossal.com by



Photos Of The Day For June 2022 — from outdoorphotographer.com

A Rare Sighting -- beautiful picture of a bird by Dennis Seeger

Photos of the day for May 2022— from outdoorphotographer.com

Artist Spotlight: Jarid del Deo — from booooooom.com


Addendums on 7/14/22:

Vivid Contours Conjure Hope and Resilience in Yulia Brodskaya’s Quilled Paper Compositions — from thisiscolossal.com

3D Relief Painting — from theawesomer.com

 
 

The Restaurant of Mistaken Orders: A Tokyo Restaurant Where All the Servers Are People Living with Dementia — from openculture.com

Whole towns have already begun to structure their services around a growing number of citizens with dementia. But dementia itself remains “widely misunderstood,” says Restaurant of Mistaken Orders producer Shiro Oguni in the “concept movie” at the top of the post. “People believe you can’t do anything for yourself, and the condition will often mean isolation from society. We want to change society to become more easy-going so, dementia or no dementia, we can live together in harmony.”

Also see:

How Technology Can Improve Elder Care — from digitalsalutem.com by João Bocas

In this article, I talk about:

  1. The growth of the aging population
  2. The future of elder care is already here
  3. Smart homes, augmented and virtual reality, and wearables as potential solutions
  4. How these solutions can help providers deliver elder care
  5. The benefits of using these solutions

The world is changing. The way we live, the way we work, and the way we age are all being transformed by technology. In fact, some experts say that by 2030, more than half of the world’s population will be over 50 years old.

This is a new phenomenon for humanity. With this shift comes a need for new approaches to healthcare that are better suited to an aging population with increasingly complex needs.

 

Coursera’s Global Skills Report

Excerpt from the Executive Summary:

Here are some of our top findings:

  • Digital skills are the shared language of the modern economy.
  • Women’s participation continued to rise.
  • The developing world had the highest rate of learner growth.
  • Lower levels of internet access mean lower levels of skills proficiency.
  • Courses in human skills had more learners from developed countries, while those in digital skills had more from developing ones.
  • The U.S. held steady in its overall skills proficiency ranking—yet it lost meaningful ground in core technology and data science skills.
  • Europe leads the world in skills proficiency.
  • Proficiency in technology and data science skills varies widely across the Asia-Pacific region.
  • Learners used Coursera to understand the pandemic.
 

China is about to regulate AI—and the world is watching — from wired.com by Jennifer Conrad
Sweeping rules will cover algorithms that set prices, control search results, recommend videos, and filter content.

Excerpt:

Some provisions aim to address complaints about online services. Under the rules, for instance, companies will be prohibited from using personal characteristics to offer users different prices for a product; they also will be required to notify users, and allow them to opt out, when algorithms are used to make recommendations.

Companies that violate the rules could face fines, be barred from enrolling new users, have their business licenses pulled, or see their websites or apps shut down.

Some elements of the new regulations may prove difficult or impossible to enforce. It can be technically challenging to police the behavior of an algorithm that is continually changing due to new input, for instance.

 

Some announcements from NVIDIA today:


Nvidia unveils server CPU to challenge Intel and AMD in the data center — from protocol.com by Max A. Cherney
Nvidia’s CEO Jensen Huang announced the company’s next-generation GPU architecture and a new CPU Tuesday.

The new Grace processor is designed for AI, high-performance computing and hyperscale data center applications.

Nvidia launched a mapping product for the autonomous vehicle industry — from techcrunch.com by Rebecca Bellan

Nvidia has launched a new mapping platform that will provide the autonomous vehicle industry with ground truth mapping coverage of over 300,000 miles of roadway in North America, Europe and Asia by 2024, founder and CEO Jensen Huang said at the company’s GTC event on Tuesday.

NVIDIA Launches AI Computing Platform for Medical Devices — from hitconsultant.net by Jasmine Pennic

Nvidia Unveils AI Chips and Software, Plus Tools for Creating Virtual Worlds — by Eric Savitz and Conor Smith

Excerpt:

Nvidia is doubling down on artificial-intelligence  technology that CEO Jensen Huang predicts will revolutionize every industry.

In the keynote speech for the annual Nvidia GTC conference—the acronym once stood for GPU Technology Conference, a reference to the company’s roots in graphics processing chips—Huang focused specifically on expanding the company’s portfolio of AI-focused chips and software applications.

Nvidia CEO lays out plans after Arm deal fell through, reveals new Hopper GPU — from marketwatch.com by Jeremy C. Owens
Roadmap seems little changed after chip maker ditched $40 billion acquisition of designer Arm, with new GPUs and first server CPU still on track as EV makers sign on for autonomous-driving tech


Addendum 3/26/22:

Nvidia’s Clara Holoscan MGX means to bring high-powered AI to the doctor’s office — from techcrunch.com


Addendum 3/28/22:

Nvidia’s $1 trillion ambitions draw cheers as software becomes a bigger piece of the pie — from marketwatch.com


 
© 2022 | Daniel Christian