Douglas Crets

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Giving Credibility to the Shadow Education System

Why This #Recession is Different: A Future Without #Jobs

Scary, right? Well, there may be some kind of truth to the alarmist sentiment. But this recession might be different in the jobs creation department.

Look at this McKinsey graph about job creation and its lag after rises in GDP after recessionary troughs. We are a full 60 months behind any healthy uptick in jobs creation, which usually lags behind any increases in GDP during or after a recession.

This Recession has seen the slowest jobs creation uptick in history

A recent TechCrunch article posited that this recession is different, and that the future might already be here — an economy without jobs, because technology outpaces the skills available to use it meaningfully. TechCrunch blogger Jon Evans writes:

Unless Martin Ford and/or Arnold Kling are right. Ford essentially argues that we have hit an inflection point at which technology destroys jobs faster than it creates them. Kling writes (at length, but it’s worth reading): “The new jobs that emerge may not produce a middle class … gains in well-being that come from productivity improvements [may] accrue to an economic elite … we could be headed into an era of highly unequal economic classes. People at the bottom will have access to food, healthcare, and electronic entertainment, but the rich will live in an exclusive world of exotic homes and extravagant personal services.”

We already see evidence where people are shopping differently, turning to the mobile device, and using things like Square, which founder Jack Dorsey explains is pulling in $11 million in transactions a day, and not just for cab rides.  What does that do your company’s sales force?

GDP (PPP) Per Capita based on 2008 estimates h...

Image via Wikipedia

I’ve long argued that our education system is not preparing people for a world they can work in, nor is it preparing them to use the tech they need to use as consumers. Or leaders, or entrepreneurs. The education system is only teaching them how to get through the education system and qualify for accolades and awards that only make sense to the people in the education system.

With massively inappropriate under-preparation like this, what happens to our GDP, or our jobs, or our lifestyle over time?

People in the Occupy Movement may think it’s about 1% of the people of the world possessing nearly all the wealth, but I would have to disagree. It’s about 99% of the people being poorly prepared to make it in the world. In fact, the saddest part of it is that they are only introduced to the realities of the world AFTER their education. And what kind of education is that, then?

 

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Filed under: Digital Learning, Influence, Tech, , , , , ,

A 9.2% Unemployment Rate Means Big Things for LinkedIn

I’ve been unemployed for about six months, experiencing very satisfying short-term jobs with great clients who value the social media business proposition. It’s been a thrill.

Like a lot of people, I was dismayed to see the jobs report showing that we have only added 18,000 jobs last month. We have a 9.2% unemployment rate.

This apparently is good news for LinkedIn. Its share price has soared as people realize that networking, finding jobs, and gleaning as much inside information as possible from their social network is what will help them innovate and find a good job in this economy.

After the unemployment rate was announced, LinkedIn shares jumped 4%.

Filed under: Influence, Tech, Work, , , , ,

Jared Huke: Advertising Creative

Jared Huke, Advertising Creative

Your Reputation Creates the Way You Will Learn — A Social Media Project that Tests the Reputation Graph

Today’s interview is with Jared Huke, an advertising creative.

This is a social media project to track what people think about education and their careers. We have based this project on the idea that your reputation online will model your ability to learn and to teach others, as people turn increasingly to the online space for their information, social networking and education.

Credit goes to Jon Bischke who has really been the vanguard in reputation graph thinking. This series is dedicated to him.

Keep following us and spread this around by copying the link and putting it on your social pages and blogs. I am interviewing people as they come in. You can contact me through email and by leaving a comment on this blog. Enjoy the interview.

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Filed under: Digital Learning, Influence, Work, , , , , , , , , ,

You Have Been Disconnected

I had to share this comment I left with Dan over at Cloud Avenue, because I am hoping it can provoke some comments between me and him, and between me and some of the daily readers of this blog. Here you go:

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Filed under: Influence, Tech, Work, , , , , ,

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