Group items tagged

"The two industrial giants aren't so much showing off as signalling transformation. Both firms are going through the most profound change in their corporate histories, attempting to switch from being makers of machines into fully digital businesses. GE's chief executive, Jeff Immelt, says the plan is to join the world's top ten software firms with sales of programs and services worth $15bn as early as 2020."

"The definition of "a state education" may also change. Far more money should be spent on pre-schooling, since the cognitive abilities and social skills that children learn in their first few years define much of their future potential. And adults will need continuous education. State education may well involve a year of study to be taken later in life, perhaps in stages."

"Now a revolution has begun (see article), thanks to three forces: rising costs, changing demand and disruptive technology. The result will be the reinvention of the university."

"The chart below shows the number of deleted posts every day since April among a sample of between 50,000 and 60,000 users in mainland China. On September 28th, the most tumultuous day of the protests, deletions hit a record: 15 of every 1,000 posts, more than five times normal levels. Mentions of "Hong Kong police" and any posts with a #HongKong hashtag fell afoul of the censors. The data were compiled by Weiboscope, a censorship-monitoring programme at the University of Hong Kong. FreeWeibo, a website developed by GreatFire.org, another Chinese censorship watchdog, captured many of the deleted posts. Most were written by ordinary users: people with a few thousand followers whose non-censored messages revealed otherwise unexceptional lives, of dinners with family and frustrations with traffic jams."

"The answer may be to combine the two. Anant Agarwal, who runs edX, proposes an alternative to the standard American four-year degree course. Students could spend an introductory year learning via a MOOC, followed by two years attending university and a final year starting part-time work while finishing their studies online. This sort of blended learning might prove more attractive than a four-year online degree. It could also draw in those who want to combine learning with work or child-rearing, freeing them from timetables assembled to suit academics."

This is a deep and complex question, one not susceptible to single answers or easy slogans.  Fortunately, two William and Mary economists have published one of the best and most accessible explanations I've ever seen."

"Not everyone will successfully navigate the shifting jobs market. Those most at risk of technological disruption are men in blue-collar jobs, many of whom reject taking less "masculine" roles in fast-growing areas such as health care. But to keep the numbers of those left behind to a minimum, all adults must have access to flexible, affordable training. The 19th and 20th centuries saw stunning advances in education. That should be the scale of the ambition today."

"Wherever the money is coming from, and however it is being spent, the root of the crisis in higher education (and the evidence that investment in universities may amount to a bubble) comes down to the fact that additional value has not been created to match this extra spending. Indeed, evidence from declines in the quality of students and graduates suggests that a degree may now mean less than it once did."

They chose their rooms and paid for everything online. But their beds were provided by private individuals, rather than a hotel chain. Hosts and guests were matched up by Airbnb, a firm based in San Francisco. Since its launch in 2008 more than 4m people have used it-2.5m of them in 2012 alone. It is the most prominent example of a huge new "sharing economy", in which people rent beds, cars, boats and other assets directly from each other, co-ordinated via the internet.