A Different Work Future Requires New Models

A recent article via Linda Lacina is very impactful in these days of uncertainty. A focus on the future is ramping across all sectors, and one of the hottest topics is the future of work. The work discussion is focused on two different time horizons. One is the nearer term implications of the pandemic, labor shortages, automation, an aging society, etc. The other is a longer-term view of what work becomes. In both those conversations, a focus on our human traits and an urgent need to transform education is appropriate. That’s why this article resonated with me.

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Education As The Bridge Between Eras

In the mid-1800s, when operating steam-driven machines required a skilled workforce, education helped the working class emerge from a period of stagnation. Later, high school helped ease the transition from the farm to the factory and office. We find ourselves straddling two eras again. The world economic forum estimates that sixty-five percent of children today will end up in careers that do not exist yet.

Our goal is to double the world’s GDP. That’s a very audacious goal. But education is the only thing that has ever done it in the past. It can jumpstart entire economies

Sebastian Thrun – Chairman and co-founder of Udacity

So here we are again. Education must emerge as the bridge between eras. It must ensure that those educated embody the qualities and competencies essential to life in a society different than our industrial past.

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The Good Future: A Perspective Via Gerd Leonhard

We must make the right decisions now, if we want a good future

Gerd Leonhard – The Good Future is entirely possible, and it’s our choice!

That quote from fellow Futurist Gerd Leonhard comes from a recent film he produced to convey optimism about our ability to create a good future. He opens with several statements that are core to my beliefs about our emerging future. He states that what we have done for the last one hundred years is no longer going to be suitable for the future. In other words what got us here won’t get us there. It was back in 2013 when I wrote about the structural change expected in the future. Much like my belief that structures and institutions will change, Gerd believes that the current system is unfit for the future, driving the need for a different logic. He mentions something that he has been saying for years: science fiction is becoming science fact. In exploring the possibilities of a good future, he starts with a question: what does good look like? He proposes a definition of good that includes relationships, experiences, the planet, purpose, and prosperity.

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Innovation In The Education Space

A great video describing innovation in the education space. Special thanks to April Harris for pulling together another impactful video! Join the conversation on this and other topics by visiting the Reimagining the Future YouTube Channel.

From Sage On The Stage To Co-Creator Of Learning

20th century education was based on the assumption that the teachers have the answers and that their job is to impart those answers to the students, as the “sage on the stage.”

By contrast, 21st century education is, or should be, based on the assumption that the answers are already available in the digital world. The purpose of education should be to inspire the students to ask the right questions and discover those answers for themselves and start applying the answers in their own lives

Steve Denning

That quote says it all and this short video captures the thinking from an earlier post on an Education Revolution. A number of interviews with educators can be found at the Reimagining the Future YouTube Channel.

A New Post K-12 World and A Future Capability Profile

Education is a common thread that flows through posts like this one on Poker and an earlier one on Robot Artists. Steve Denning said it well when he said: “There could hardly be anything more important for the future of the country than the strength of its education system.” This short video clip looks at aspects of an emerging Education Revolution.

Robot Artists And Musicians

I’ve asked this question before: Is Creativity the Sole Domain of Humans? As each day passes, the answer becomes clearer. One of the most impactful videos I use captures a conversation between Sophia the robot and Jimmy Fallon. As you watch their interaction, you quickly lose sight of the fact that Sophia is a robot. It’s easy for humans to be threatened by a robot that seems to encroach upon the characteristics that make us distinctly human. However, the other side of this discussion represents the potential for a positive human outcome. One example is the introduction of Companion Robots that help deal with the challenges of loneliness and isolation. Another is the role of robots in healthcare and elderly care.

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An Education Revolution

There could hardly be anything more important for the future of the country than the strength of its education system. 

Steve Denning

I read a great Article on education the other day written by leadership thinker Steve Denning. My passion for the future of education is expressed in frequent Posts on the topic – so the article struck a chord. As a leadership guru, Mr. Denning focused on the management of education and provided some fascinating statistics. For example, in 2006, only 43% of school personnel in the US were teachers, while in other countries, that percentage was 70 to 80%. Seems that this imbalance is driven by a compliance focus that has employees trying to monitor and comply with federal and state requirements. Mr. Denning believes that lost in this period of industrial-era bureaucracy is the purpose of organizations involved in education. He describes a current corporate revolution in management and leadership that he believes needs to take root in education. There are two very critical points made in the article that speak to a need to Think Differently.

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We Live In A New Era – Our Institutions Need To Catch Up

The world is in a state of transition and has been for a while. Across multiple domains from society and geopolitics to the economy, the future looks very different. Driven in part by societal shifts and rapid advances in science and technology, the foundation of society is changing. However, the institutions that support that society are not evolving or changing fast enough. I call this phenomenon Institution 2.0 and track it as a future scenario.

One of those institutions is Education. Learning – and the role it played throughout history – is key to managing through periods of transition. This YouTube Channel contains a series of interviews that we conducted on the topic. This video teaser describes the role of education in this emerging era.

COVID-19 Impacts University Enrollment

A recent Study found that the number of students enrolling in college immediately after high school plunged nearly 22% this past fall over last year. The future of education is a big discussion topic, as the pandemic is threatening the viability of education organizations and models. Key findings include:

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Education In Transformative Eras

I had the pleasure of joining RegalixTV recently for a session focused on education. Host Dheeraj Prasad and I discussed the importance of education in transformative eras, how digital learning experiences are evolving, why there needs to be a shift in focus with respect to skill sets and a whole lot more on Knowledge-Centered Growth.

Tune in to watch the full Interview. I have focused a great deal on education recently. You got explore the topic via my earlier posts.

Capturing The Future Of Education Via Infographic

The Future Of Children

The Future Reimagined

Rethinking The Future Of Higher Education

Capturing The Future Of Education Via Infographic

I’ve dedicated many of my last several posts to the topic of education. I recently joined a Future of Children event and participated in what they set up as a shark tank segment. The pitch was to focus on a the future of education. The message I delivered is captured in the infographic below. At the end of the post you will find links to my other recent education posts.

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The Future Of Children

With a continued focus on the Future of Education and our need to Rethink it, I want to share a video from a great event that I had the privilege to participate in. The Children at Risk organization serves as a catalyst for change to improve the quality of life for children through strategic research, public policy analysis, education, collaboration, and advocacy. This event focused on education and learning.

Special thanks to Alexandra Whittington for inviting me to the event. As we gaze upon what is likely the most Disruptive decade in history, children and their future is something we should all rally behind. Enjoy the session.

The Future Reimagined

Over the course of the last several years, videos shared on YouTube have allowed for various forms of story telling. Stories about the future help us visualize possible paths. Recently, new team member Kevin Benedict launched a TV series on the Channel focused on the future of business. He has had several fascinating guests covering a variety of topics. Now, Kevin is moderating a new series where I am joined by various guests focused on a future reimagined. Our inaugural session was launched last week.

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Rethinking The Future Of Higher Education

I mentioned last week that I would spend time on education and our critical need to rethink it. To start that journey, fellow Futurist Alexandra Whittington joins our future of business show with host Kevin Benedict. Listen in to their wide ranging conversation about futurism and the rethinking of higher education.

Virtual and Augmented Reality Likely To Accelerate

In early 2019, I described the Three Focus Themes for the year. They were Acceleration, Convergence, and Possibilities. Little did I know that one of those themes would factor so prominently in 2020. In a recent Presentation, Mehlman, Castagnetti, Rosen & Thomas – a full-service, bipartisan government relations firm – describes 2020 as the year where forces already in play experience a great acceleration. One of those forces is mixed reality.

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Considering The lessons Of History

In exploring a Post Pandemic Society, I first took a look at what we could learn from history. A recent article took a similar view. Written by Kevin Sneader and Shubham Singhal, Their Look Back at History explores the experience of Japan, the United States, and Western Europe, post-World War Two. The article explores the inclusive growth that was sustained for two decades following the war. As technologies developed for war were adapted for peace-time use, poverty, government debt, and inequality fell, while living standards improved and prosperity spread broadly.

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Can We Fund Solutions to Education, Healthcare, and Climate Issues?

Last week. I posted about modern monetary theory (MMT) and how it challenges conventional wisdom regarding deficits. Modern Monetary Theory and CriticsIn her recent book titled The Deficit Myth , Author Stephanie Kelton – Professor of Economics and Public Policy at Stony Brook University – explores the tenets of the theory and its implications to government spending. Progressive agendas aimed at solving the challenges of education, healthcare, climate change and others look at modern monetary theory as a possible solution. In contrast to borrowing money or raising taxes, the monetisation of government expenditure (its financing by the central bank’s creation of money) is costless, in that the government does not have to pay interest on cash.

The attention garnered by MMT has drawn its share of critics. In the interest of understanding both sides of this debate, I read a book titled Modern Monetary Theory and its Critics. The book is a series of essays edited by Edward Fullbrook and Jamie Morgan. As the authors state: in the wake of the decade of fiscal austerity following the Global Financial Crisis, and the apparent exhaustion of standard monetary policy strategies and the ever-increasing income disparity, interest in MMT has grown beyond academia. The skeptics provide a different point of view. As we search for answers to our pressing issues and strive to think differently, it’s prudent that we keep an open mind to these new ways of thinking, while at the same time, understanding their limitations. I recommend the book, which I have added to my Book Library.

 

 

The Deficit Myth

I wrapped up another great book. This one focused on government deficits as viewed through the lens of Modern Monetary Theory. Author Stephanie Kelton addresses the topic in her recent book titled The Deficit Myth. In this best seller, Ms. Kelton – Professor of Economics and Public Policy at Stony Brook University – explores the role of currency issuers (U.S., Japan, U.K., Australia, etc.) versus currency users. From the book:

“The distinction between currency users and the currency issuer lies at the heart of Modern Monetary Theory. And as we will see in the pages ahead, it has profound implications for some of the most important policy debates of our time, such as health care, climate change, Social Security, international trade, and inequality.”

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Digital Learning And Resilient Supply Chains

The final polls from our virtual roundtable hosted by C-Level are included below. You can view a video of the virtual roundtable Here. I posted the results of polls One, Two, Three, and Four earlier. You can participate in those polls by visiting the posts. The fifth and sixth polls launched during the session probed the questions of digital learning and the resilience of supply chains.

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