Where’s the upskilling and reskilling market headed? — from edtechreview.in by Priyanka Gupta
Upskilling and Reskilling are the new buzzwords in the edtech industry and corporate learning. With times changing at light speed, unlearning and relearning have become the norm.

Excerpt:

To understand more about the reskilling and Upskilling market, read further about:

  • The Need of Upskilling and Reskilling
  • Workforce Shift and The Upcoming Trends
  • The Key Element in the Future of Upskilling
  • The Challenges Ahead

Life of Technical Skills
Technical skills change rapidly. The industry standards for technologies and processes shift more quickly than any education system can turn out leaders. A survey by Prudential reveals that only 46% of working professionals think their skills will make them competitive in the coming ten years. Unless the skill providers speed up their initiatives or programs’ design, development and deployment, organisations and professionals will struggle to find relevancy in jobs and employees relating to skill levels with the dynamic nature of technology and related jobs. 

 

Edtech Companies Tap AI For More Personalized Learning — from kidscreen.com by Zeenya Shah
AI is shaping the future of digital learning as parents—daunted by online schooling—turn to tech companies for help. Are they ready?

Excerpt:

A report from research institute The Learning Counsel found that US families spent 25% more on curriculum resources and networks in 2020 than they did in 2019, for a cumulative spend of US$35.8 billion.

It’s a growing market opportunity, and ed-tech companies using AI-assisted adaptive learning technology may be well-poised to make the most out of this heightened demand for personalized education.

 

Is Artificial Intelligence Undermining The Legal System? — from lawyer-monthly.com
Globally recognised artificial intelligence expert Dr Lance Eliot explains how AI is undermining the legal system.

Excerpt:

Well, imagine if I told you that the text messages, the emails, and the video clips were all crafted via the use of AI-based deepfake technologies. None of that seeming “evidence” of wrongdoing or at least inappropriate actions of the prosecutor are real. They certainly look to be real. The texts use the same style of text messaging that the prosecutor normally uses. The emails have the same written style as other emails by the prosecutor.

And, the most damning of the materials, those video clips of the prosecutor, are clearly the face of the prosecutor, and the words spoken are of the same voice as the prosecutor. You might have been willing to assume that the texts and the emails could be faked, but the video seems to be the last straw on the camel’s back. This is the prosecutor caught on video saying things that are utterly untoward in this context. All of that could readily be prepared via the use of today’s AI-based deepfake high-tech.

So, be on the watch for getting AI-based deepfake materials produced about you.

 

Accelerated Digital Skills and the ‘Bootcamp Boom’. — from holoniq.com
The market for accelerated digital skills is stepping up to a whole new level. Bootcamps, among others, are evolving rapidly to meet the opportunity.

Excerpt:

Tech Bootcamps re-skilled and up-skilled over 100,000 professionals globally in 2021, up from less than 20,000 in 2015. We expect this number to reach over 380,000 by 2025 representing over $3B of expenditure with significant upside as tech up-skilling models and modes overlap and converge. Governments, employers, universities and colleges everywhere are embracing rapid, high ROI training to build capacity in software, marketing, cyber and tech sales to drive their economies and growth.

Also from holoniq.com, see:

Also relevant/see:

 

Triumphs and Troubles in Online Learning Abroad — from edsurge.com by Robert Ubell

Excerpt:

In Canada, for example, about two-thirds of colleges offer online degrees—and many have for years. While here in the U.S., a far smaller number grant degrees online.

I thought it would be good to do some digging to explore a more nuanced appreciation of the status of virtual instruction outside the U.S.

From DSC:
I would also like to mention that there’s a lot happening in Australia and in India along these lines, and likely in many other countries as well. But I think that one can only cover so much in one posting.   🙂

 

A new hybrid learning methodology — from chieflearningofficer.com by Robert O. Brinkerhoff, Edward L. Boon
The proliferation of digital learning transfer platforms offers the opportunity for a new and impact-enhancing hybrid: learning programs that are at the same time standardized and personalized.

Excerpt:

Such a program in the context of our example of the global manufacturing company training its shop floor managers might have the following elements, all created with the expertise of a centralized corporate L&D function:

  • Classroom-style presentations on video with breakout room discussion options embedded for local facilitation.
  • Facilitator’s guides (translated into local languages) for leading the classroom breakouts.
  • Coaching tools and resources for managers to conduct one-on-ones.
  • A library of brief videos of good (and bad) examples of managers interacting with direct reports with second-language subtitles.
  • Guidelines for facilitating periodic virtual check-in meetings (schedules weekly, bi-weekly, etc. to be decided locally).
  • Assignments, with associated resources, for learners to complete by requesting coaching sessions with their manager.

We propose that the proliferation of digital learning transfer platforms (also known as learning experience platforms or LXPs) offers the opportunity for a new and impact-enhancing hybrid: Learning programs that are at the same time standardized and personalized.

Along the lines of corporate training / Learning & Development (L&D), see:

 

Living in a world of unicorns — from pwc.com by Vicki Huff Eckert
Venture-backed giants are scaling up and transforming markets as varied fintech, electric vehicles, and healthcare.

Excerpt:

During the pandemic, edtech unicorns raised (on an annualized basis) eight times the annual amount raised from 2016 through 2019. Tutoring platforms Byju (based in India) and Yuanfudao and Zuoyebang (based in China) received massive investment (each attracted $3 billion to $4 billion in funding between 2016 and 2021). The Business Standard reported that Byju had 100 million registered students and 6.5 million paid subscribers as of September 2021.

This trend is just getting started—the convergence of the metaverse, crypto, and 5G has the potential to create a web 3.0 economy that we can’t yet fully envision, and that will evolve over the course of the decade.

 

Forbes Blockchain 50 2022 — from forbes.com; edited by Michael del Castillo and Matt Schifrin; reported by Maria Abreu, Nina Bambysheva, Justin Birnbaum, Lauren Debter, Michael del Castillo, Steven Ehrlich, Chris Helman, Katie Jennings, Jeff Kauflin, Javier Paz, Jon Ponciano, Marie Schulte-Bockum
Cryptocurrencies hog the spotlight, but blockchain’s biggest innovations are below the surface, saving billions each year for the world’s largest companies.

Excerpt:

You’ve come a long way, blockchain! Since our inaugural roundup of the Blockchain 50, published in 2019, the billion-dollar companies (minimum, by sales or market value) on our annual list have moved beyond test projects and now rely on “distributed ledger” technology to do serious work. A lot of the action is in the back office, verifying insurance claims or facilitating real estate deals. It has also become vital to supply chains, whether checking the provenance of conflict minerals like cobalt or tracking auto parts for Renault. Nearly half of the Blockchain 50 are based outside the United States; 14% are Chinese. New this year: venture capital firms, which as a group invested more than $32 billion in the sector in 2021.

 

L&D Go Beyond Podcast: Writing Better Multiple-Choice Questions to Assess Learning — from upsidelearning.com by Amit Garg and Patti Shank

Excerpt:

In this episode of the L&D Go Beyond podcast, Amit Garg interacts with Patti Shank, President Learning Peaks LLC. They talk about a very interesting topic – Writing Better Multiple-Choice Questions (MCQs) to Assess Learning.

 

These 3 charts show the global growth in online learning — from weforum.org by Johnny Wood; with thanks to Ray Schroeder out on LinkedIn

Example chart:

Also relevant/see:

The company has launched 13 new degrees with colleges since 2021, bringing the total number of bachelor’s, master’s and postgraduate degrees up to 38, according to Maggioncalda.

2U saw $152.4 million from its degree segment in 2021’s fourth quarter, about 11 times the revenue Coursera brought in from its degree business over the same period. 

 

As seen/accessible from this page.

A brief insert from DSC:
Another futurist Thomas Frey has some thoughts along this same line.

A top futurist predicts the largest internet company of 2030 will be an online school

#Canada #education #future #trends #careerdevelopment #change #paceofchange #automation #robotics #education #AI #learnhowtolearn #unlearn #learningecosystems #lifelonglearning #endofroutine #experientiallearning

 

Machines are for answers. Humans are for questions. 

 


Also relevant/see:


 

Turn L&D Teams into Performance-Driven Microlearning Masters — learningsolutionsmag.com by Robyn Defelice

Excerpt:

Over several articles, I have pinpointed challenges that many learning and development (L&D) leaders face when integrating microlearning into their organization’s learning ecosystem. These have mainly been strategic and operational in nature, covering topics such as having an agreed-upon purpose for adopting microlearning to ensuring that the L&D department has achieved a learning maturity and agility level that enables them to leverage microlearning.

What still hasn’t been addressed, and what is equally critical to success, relates to your L&D team capabilities and tools.

Addendum on 1/30/22:

 

 

Wiki Loves Monuments 2021 winners — from commons.wikimedia.org

Excerpt:
Below are some of the pictures from Greece.

Monuments in Greece

 

Inside Higher Ed Acquired by Times Higher Education — from insidehighered.com by Scott Jaschik and Doug Lederman
Our editors Scott Jaschik and Doug Lederman explain how this combination of publishing companies will improve global coverage of postsecondary education and better serve the higher ed community.

Excerpt:

As journalists, we often say that we want to report the news, not be the news. We are making an exception [on 1/10/22] to announce that Inside Higher Ed has been acquired by Times Higher Education (THE), the world’s leading provider of higher education news, data and insights.

 
 
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