What technology trends will—and should—lead business agendas in 2022? — from mckinsey.com

Excerpt:

Metaverse. Web3. Crypto. 5G.

These are just a few of the technologies grabbing headlines at the start of 2022. But what technology trends truly sit atop business agendas this year? Which might be under executives’ radars but should be surfaced? And what should business leaders keep in mind as they consider these trends?

We asked some members of the McKinsey Technology Council, a group of global experts convened to assess, track, and debate real emerging trends in business and technology, for their perspectives on these questions. Specifically, we asked the following:

  • What technology trend do you predict will headline business agendas for the remainder of 2022 and why?
  • What technology trend do you think is under businesses’ radars but merits more of executives’ attention?
  • What’s one piece of advice you would give to business leaders as they consider incorporating new technologies into their business?

Also relevant/see:

The top trends in tech — from mckinsey.com
Which technologies have the most momentum in an accelerating world? We identified the trends that matter most.

McKinsey tech trends index

Marketing in the metaverse: An opportunity for innovation and experimentation — from mckinsey.com
Although widespread adoption of the metaverse may take some time, leading brands are already rewriting the rules of marketing.

Marketers would be remiss if they didn’t start exploring what the metaverse can offer. Now is the right time to adopt a test-and-learn mindset, to be open to experiments, and to move on quickly from failure and capitalize on success.

From DSC:
And not just marketers. How about teachers, professors, trainers, and instructional designers?

#Metaverse #learningfromthelivingclassroom #learningecosystems #learning #training #education #K12 #highereducation #vocations #careers #corporatetraining #learninganddevelopment

 

Opportunities for Education in the Metaverse -- from downes.ca by Stephen Downes

Opportunities for Education in the Metaverse — from downes.ca by Stephen Downes

Excerpt:

This short presentation introduces major elements of the metaverse, outlines some applications for education, discusses how it may be combined with other technologies for advanced applications, and outlines some issues and concerns.

Also relevant/see:

What Should Higher Ed in the Metaverse Look like? – from linkedin.com by Joe Schaefer

Excerpt:

The Metaverse is coming whether we like it or not, and it is time for educators to think critically about how it can benefit students. As higher education continues to evolve, I believe every learning product and platform working with or within the Metaverse should, at least, have these functionalities:


Addendum on 5/23/22:


 

The rise of tech ethicists shows how the industry is changing — from protocol.com by Veronica Irwin
Though the job titles are new, the ways to attract new talent are virtually the same.

Excerpt:

In 2022, “responsible tech” is a career path. Job titles range from “trust and safety officer” to “policy lead.” And several organizations and academic institutions are engaged in ecosystem-mapping projects to define which academic programs best prepare students to work in the field, how the jobs are described and what companies are pursuing ethical tech in earnest.

“There’s a lot of appetite for this, especially as the public has become very aware of highly publicized problems with technology,” Tweed, now the program director for All Tech is Human, said. “I see that continuing to grow for the foreseeable future.”

Speaking of careers, here’s another item:

 

Radar trends to watch: May 2022 — from oreilly.com
Developments in Web3, Security, Biology, and More

Excerpt:

April was the month for large language models. There was one announcement after another; most new models were larger than the previous ones, several claimed to be significantly more energy efficient.

 

100 Universities established an OPM, Bootcamp or Pathways partnership in Q1 2022 — from holoniq.com
Bootcamps are directing more resources B2B and B2G, OPMs are growing existing partnerships further and evolving their technology and healthcare programs.

Excerpt:

Higher Education, like the broader economy, is awkwardly emerging from an almost exclusively digital, isolated and stimulus fuelled environment into… well it’s not clear yet. University Partnerships continued to be established at pace through Q1 2022, albeit at a much slower rate than through 2021.



Also relevant/see:

College contracts with OPMs need better oversight, watchdog says — from highereddive.com by Natalie Schwartz

Excerpt from Dive Brief:

  • The U.S. Department of Education should strengthen oversight of colleges’ relationships with companies that help them launch and build online programs, according to a new report from the U.S. Government Accountability Office, an auditing agency for Congress.

Addendum on 5/11/22:


 

2022 Outlook: 6 Legal Trends and Predictions to Have on Your Radar — from jdsupra.com by Vivian Susko

Excerpt:

In January, 2020, we made some bold predictions about what would lie ahead for legal operations in the new decade. Let’s dive back into some of our top forecasts, survey our new landscape, and see which legal trends are currently impacting the industry in 2022. Mitratech expert, Justin Silverman, weighs in on what you can expect to see on the horizon for legal ops.

Points on a radar screen

 

Radar trends to watch: April 2022 — from oreillky.com by Mike Loukides
Developments in Programming, Biology, Hardware, and More

5 Digital Transformation Themes for Higher Education — from
Explore key topics and event recordings from our latest deep dive into Digital Transformation in Higher Education.

The semiconductor decade: A trillion-dollar industry — from mckinsey.com by Ondrej Burkacky, Julia Dragon, and Nikolaus Lehmann

Drilling down into individual subsegments, about 70 percent of growth is predicted to be driven by just three industries: automotive, computation and data storage, and wireless.

Addendum later on 4/8/22:

 

Technology Trends for 2022 — from oreilly.com
What O’Reilly Learning Platform Usage Tells Us About Where the Industry Is Headed

Excerpt:

It’s been a year since our last report on the O’Reilly learning platform. Last year we cautioned against a “horse race” view of technology. That caution is worth remembering: focus on the horse race and the flashy news and you’ll miss the real stories. While new technologies may appear on the scene suddenly, the long, slow process of making things that work rarely attracts as much attention. We start with an explosion of fantastic achievements that seem like science fiction—imagine, GPT-3 can write stories!—but that burst of activity is followed by the process of putting that science fiction into production, of turning it into real products that work reliably, consistently, and fairly. AI is making that transition now; we can see it in our data. But what other transitions are in progress? What developments represent new ways of thinking, and what do those ways of thinking mean? What are the bigger changes shaping the future of software development and software architecture? This report is about those transitions.

O’Reilly Answers
We’re very excited about O’Reilly Answers, the newest product on the platform. Answers is an intelligent search that takes users directly to relevant content, whether that’s a paragraph from a book, a snippet of a video, or a block of code that answers a question. Rather than searching for an appropriate book or video and skimming through it, you can ask a specific question like “How do you flatten a list of lists in Python?” (a question I’ve asked several times). 

Also see:


Also see:


 

A skier going off a cliff

Will Your College Survive the Demographic Cliff? — from chronicle.com by Jon Boeckenstedt
National trends are interesting — but enrolling students is a local challenge.

Excerpts:

We are at a critical moment: Declining enrollment even in one sector (say, community colleges) is troublesome because of downstream effects. Declining revenue and wavering state support, coupled with fewer high-school graduates, fewer families that don’t need financial help, and an increasingly negative attitude from the public toward higher education, may take us to a long-rumored tipping point.

If it’s true that all politics is local, then in some sense so is (almost) all college enrollment.

 

The IoT is revolutionizing what your business can do — from mckinsey.com

Excerpt:

The implications are profound: By 2030, the IoT could enable between $5.5 trillion and $12.6 trillion in value globally—but capturing this value depends on establishing interoperability and easing cybersecurity concerns. Check out these insights to learn how to leverage 5G, digital manufacturing, and more facets of the IoT’s rapid evolution.

 

What is Legal Tech, and How Is It Changing the Legal Industry? — from startup.info

Excerpt:

Legal technology is a branch of technological innovation that targets and affects the legal sector specifically. The considerable pace of new invention in tech sectors – bolstered by government investment in UK-based innovation and growth – has highlighted some avenues of innovation that could change the face of the legal profession, streamlining judicial processes and helping firms during discovery.

However, in concert with the rapid pace of new technology that benefits legal practise, the technology’s legal implications are also being raised. With a technological landscape that has far outstripped the remit of conventional law, demand for technology lawyers has increased to enable businesses and lawmakers to navigate new tech possibilities.

Four Important Technology Trends for Law Firms in 2022 — from jdsupra.com

Excerpt:

It is easy to say (two years now into the pandemic) that COVID-19 changed the legal profession forever. After a massive shift in 2020 and 2021 to working and conducting court proceedings remotely, with the help of many remote technologies, many legal professionals may wonder what lies ahead from a technology standpoint. After such a dramatic shift, are there even more disruptions to embrace?

The answer is yes! The world turns, technology keeps evolving, and so too will the legal services industry. Below are predictions of technology trends that will continue to be important in 2022 and help shape the industry in the years ahead.

With RemoteDepo™ by U.S. Legal Support, everyone can participate in a remote deposition and interact as if they were in the same conference room. With an internet connection and webcam-equipped device, you can communicate in realtime, observe witness body language and seamlessly facilitate questioning.

Depositions. Virtually. Anywhere. Keep your discovery schedule on track with our secure video conference solution for remote depositions, arbitrations, hearings and other proceedings – RemoteDepo™.

How Legal AI Technology Adoption Leads to Real-World Results — from jdsupra.com

Excerpt:

Contracting is just one area where in-house lawyers and legal ops professionals are seeing real-world results by implementing AI. As innovation continues to disrupt the legal tech world, AI is being introduced into nearly every aspect of practice and business. But now, AI has evolved beyond a buzzword to provide meaningful – and impactful – results.

Ironclad’s New Connect Tool ‘Cuts Contracting Time By 40% — from artificiallawyer.com

Excerpt:

CLM Ironclad has launched a new tool called Connect, which creates a centralised view of the contracting process for all parties and, they claim, can reduce contract completion times by over 40% – which is a lot whether you are a busy inhouser, or a law firmer on the billable hour.

The new capability allows you to store all communications about a deal in one place, ‘even attachments and months-long email threads’ and allows you to keep everyone involved in negotiating a contract ‘in the loop’.

 

Best from the brightest: Key ideas & insights for L&P Professionals — from tier1performance.com by Will Thalheimer; with thanks to Christy Tucker for this resource
Gather your learning and performance team together, share conversations with your friends in the field—this trove of gold from 2021 is the bedrock for our evolving and improving work in 2022.

To help fight our FOMO (fear of missing out), I’ve asked 48 thought leaders in the L&P field to share their favorite content from 2021—stuff they created or were involved in, ideas they think are critically important to folks like you and me as L&P professionals. They shared articles, blog posts, podcast episodes, videos, and eLearnings. They also shared their recommendations for other thought leaders and other content—and the most important trends impacting our work for 2022.

I looked at every one of their recommendations and I am blown away by the insights you’ll find in the content shared below. This is a formidable treasure trove from some of the best minds in our field.

Will Thalheimer

 

Corporate Leaders Lag in Digital Skills; L&D Can Help — from learningsolutionsmag.com by Pamela Hogle

Excerpt:

As we move into a reality where digital skills dominate and the pandemic has pushed many organizations to accelerate their digital transitions, a yawning skills gap has become apparent: Fewer than a third of digital leaders rate themselves as “effective in digital acumen” according to the DDI Global Leadership Forecast.

But HR and leaders rank digital acumen, which is seen as “a significant predictor not only for digital transformation readiness, but also for innovation and responding to the competitive environment,” as a must-have skill, the DDI report said.

This gap is bad for business. “The world’s most digitally mature companies lead all other companies in value creation. They also have proved much more resilient during the crisis,” research by the Boston Consulting Group found.

Also from learningsolutionsmag.com see:

 

Excerpt:

The use of telehealth has soared during the pandemic, broadening access to care while also allowing providers, patients, and payers to consider possibilities, from expanding care at home to managing costs. But stakeholders have starkly different views on this next wave of healthcare: In a recent McKinsey survey, two-thirds of physicians and 60 percent of patients said they agreed that virtual health is more convenient than in-person care for patients, but only 36 percent of physicians find it more convenient for themselves. Explore these insights to understand the ongoing transition of IRL (in real life) to URL (virtual) medical care offerings…

Also from McKinsey, see:

What technology trends will—and should—lead business agendas in 2022?

Excerpt:

We asked leaders in industry, academia, and at McKinsey to share their perspectives on the technology trends likely to headline business agendas this year, the ones that could—but shouldn’t—slip through the cracks, and what executives should think about when considering new technologies. Here is what they told us.

Metaverse. Web3. Crypto. 5G.

These are just a few of the technologies grabbing headlines at the start of 2022. But what technology trends truly sit atop business agendas this year? Which might be under executives’ radars but should be surfaced? And what should business leaders keep in mind as they consider these trends?

 

The doctor is in—the video call — from mckinsey.com

Excerpt:

More patients than ever were willing to try virtual health services after COVID-19 emerged. Last year, the use of telehealth care was 38 times higher than prepandemic levels, as appointments such as follow-ups could easily be delivered remotely. A recent McKinsey survey shows that up to $265 billion in Medicare spending could shift to patients’ homes by 2025, with greater physician participation in the transition from telehealth to at-home care.

From facility to home: How healthcare could shift by 2025 — from mckinsey.com by Oleg Bestsennyy, Michelle Chmielewski, Anne Koffel, and Amit Shah

Also see the other charts via their daily chart feature:

A daily chart from McKinsey Dot Com that helps explain a changing world—during the pandemic and beyond.

 

Using Telehealth to Expand Student Access to Care — from techlearning.com by Erik Ofgang
Renee Kotsopoulo, director of health services for the Garland ISD in Texas, helped bring telehealth to her students and believes technology can help keep kids healthy and in school.

Can Teletherapy Companies Ease the Campus Mental-Health Crisis? — from chronicle.com by Kate Hidalgo Bellows

From DSC:
Telehealth has been booming during the pandemic. I think telelegal will ride on the coattails of telehealth.

 
© 2022 | Daniel Christian