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, , , , , ,

#Hipster is an Instagram for Context Delivery and Meaningful Location Experience

People often search for places, things, or people with whom they can create a story.  Right? You go on vacation becuase you want an adventure and youw ant to bring something immaterial, but psychically valuable, back to the place you began your journey.

In a recent article about re-launched location-based app Hipster, I think Alexia Tsotsis missed the lede. She asked “Do we really need another location-based photo sharing app?”  I thought about that for a second, as I read her interview with Doug Ludlow, Hipster CEO, and I thought, “Forest. Trees.” That’s not what is going on with Hipster, in my consumer-centric point of view.

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Can Flipboard Sustain “Economics of Print” on the iPad?

The most disruptive company on earth has to be Apple. They have unsettled most of the entrenched publishing industries — music, print, software — ever since the invention of their devices. They are doing it again with the iPad, and this time the threat seems to be to the newspaper industries advertising practices.

About six minutes into this interview with Flipboard CEO Mike McCue, TechCrunch columnist Alexis Tsotsis asks him a very good question about the cost of a print ad versus a banner ad.

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Filed under: Digital Learning, Tech, Video, , , ,

Your High School Diploma Doesn’t Mean Jack

We are rapidly approaching a day when a high school diploma won’t mean as much for people seeking part-time or blue-collar work beyond proof that you have spent some time in the institutionalized learning world and can follow directions.

High school is valuable for skillsets like math, science, writing and reading. It takes you through the boot camp of learning and education so that you can one day be managed, but how much of that learning actually prepares you for laddering up in the corporate world?

This has been what college has become for many first year students.

A venture firm has just given a boost of capital for an online skills validating testing company that could change the game when it comes to evaluating your potential as an employee.

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

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