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Paul Kim, PhD.Chief Technology Officer & Assistant Dean
Stanford University Graduate School of Education
Lifelong Learning for New Collar Workforces of the 4th Industrial Revolution
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Stanford University
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Survey on students in 1930-2010
Stanford entrepreneurs created more than
5.4 million jobs in 40,000 global companies leading to generate $2.7T annually.
•Sergey Brin and Larry Page, co-founders of Google
•Jerry Yang and David Filo, co-founders of Yahoo
•Reed Hastings, CEO of Netflix
•Reid Hoffman, co-founder of LinkedIn
•Vinod Khosla, a prominent venture capitalist
•Peter Thiel, co-founder of PayPal and a prominent
venture capitalist
•Phil Knight - NIKE
S. Korea GDP (Nominal) $1.4T
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_________ is the New________
Today’s Exercise
Emerging Paradigm, Renewed Perspective, Practice
Traditional, Outdated Concept, Behavior
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Sitting is the New Smoking
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“The illiterate of the 21st Century are not those who cannot read and write but those who cannot learn, unlearn and relearn.”― Alvin Toffler, Powershift: Knowledge, Wealth, and Power at the Edge of the 21st Century
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Must Re-learn and Re-learn and Re-learn……for very long…
http://www.cnn.com/2017/02/21/health/life-expectancy-increase-globally-by-2030/
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100 is the New 20
http://ftw.usatoday.com/2017/04/101-year-old-man-kaur-gold-100-m-world-india-masters-games-keep-rocking-awesome-video
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The world
of work is
changing
rapidly
10
McKinsey analysts estimated a
5XSkillsets needed in the
workforce from 2009 to 2012.
Gmail, Word, Excel, Photoshop, Blog, Podcast, Youtube, What’sApp, Kakaotalk,etc.
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Technological advancement ratealways exceeds human perception and behavior change rate…
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The Fast is the New Big
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Who are “the fast movers” in the private sector?
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Select VC Education Portfolios
Key Themes Select Investments
Online Education Language Learning
Education Software MOOCs
Education Software/Marketplaces
Adaptive Learning
Education Software Adaptive Learning
Supplemental Online Education
MOOCs
Educational Software Supplemental Online
Education
Education Software Smart Games Online Higher Education
Online Education Language Learning
Education Software Online Higher Education
Digital Books Smart Games Education Services
Education Software Supplemental Online
Education
Select EdTech Accelerators
• VC/Growth Investment in EdTech
• Source: Bloomberg, Capital IQ, VentureSource and GS extrapolations
$3,028mm invested in 2016
Perspectives on the Education Landscape
Investment in New Educational Models Continues to Accelerate
$3,028
$3,485
$1,796
$1,276
$1,118
$679$584
$287
$204
$379
$101
$88
$192
$83
$110
$196
$443
$236
$138
0
50
100
150
200
250
300
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
'16'15'14'13'12'11'10'09'08'07'06'05'04'03'02'01'00'99'98
Nu
mb
er
of
De
als
Amount Funded Number of Deals
Am
ou
nt F
un
de
d in
Millio
ns
Online Education,Adaptive Learning,MOOCs,Smart Games
$3B
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Education Industry is the New Wild Wild West
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Theme
Adaptive and
Competency Based
Learning
Tech- and Skills-
based LearningData / Analytics Online Higher Ed Language
New Content
Platforms
Thesis
Learner-centric,
personalized, and
adaptive software
curriculum will replace
front-of-the-classroom,
one-to-many teaching
model
Skills-oriented training,
especially in areas
such as programming
/ technology,
increasingly
demanded by
employers
Demand for formative
assessment, analytical
insight and
sophisticated data
systems driven top-
down by regulation and
bottom-up by innovative
school models
All major educational
institutions K-post-secondary
will eventually leverage online
strategies to extend reach
and deliver content
Growth of English language learning around the world accelerating
Mobile and internet business models disrupting traditional models
Rising demand for skills-
oriented (esp.
tech/programming)
education will drive
growth of video-based
and self-paced digital
learning platforms
Select
Market
Data
McGraw-Hill acquired Redbird Advanced Learning in Sep-16
Knewton raised $52mm in Feb-16
Geekie raised $7mm in May-15
Dreambox raised $10mm in Aug015
LEAP Innovations received $5mm grant in Jun-15
KnowMe raised $7mm in Oct-14
Kadenze raised $2mm in Sep-16
Galvanize raised $45mm in Aug-16
General Assembly acquired Bitmaker in Aug-16
Codeacademy raised $30mm in Jul-16
Andela raised $24mm in Jun-16
Degreed acquired Gibbon in Mar-16
Grovo raised $40mm in Feb-16
PowerSchool acquired Chalkable in Oct-16
Schoolzilla acquired Decision Science Labs in Oct-16
John Wiley & Sons acquired Ranku in Sep-16
Instructure raised $81mm in Nov-15 IPO
Civitas Learning raised $60mm in Sep-15
Ellucian was acquired by TPG and Leonard Green in Aug-15
Noodle Partners raised $4mm in Oct-16
HotChalk raised $230mm in Nov-15
Coursera raised $50mm in Aug-15
Synergis raised undisclosedround from Bertelsmann in Apr-15 and $38mm Series A in May-14
Minerva raised $70mm in Oct-14
2U raised $119mm in Mar-2014 IPO
VIPKID raised $100mm in Aug-16
51Talk parent company completes IPO in Jun-16
TutorGroup raised $200mm in Nov-15
Busuu raisesd$6.7mm in Jul-15
Babbel raised $22mm in Jul-15
Duolingo raised $45mm Jun-15
Byju’s raised $50mm in Sep-16
Kaltura raised $50mm in Aug-16
Panopto raised $43mm in Aug-16
Pluralsight acquired Train Simple in Jul-16
Udemy raised $60mm in Jun-16
EdCast raised $16mm in Apr-16
Udacity raised $105mm in Nov-15
Select
Companies
Key Investment Areas in Education Technology & Services
1 2 3 4 5 6
• Perspectives on the Education Landscape
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380K graduates. 90% job placement rate.
Accelerated Tech Skill Training
Listed on NASDAQ
The Rise of Boot Camps
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Lagos, Nigeria, Nairobi, Kenya
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100% Online Boot Camp
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What used to be a privilege for a small group of elite learners has become a disposable learning resource for all.
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Lifelong Learning is the New Privilege for All
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Coding is the New Blue Collar Job?
https://www.wired.com/
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Korea’s Guro District
Working overtime the same way
Coding Machine is the New Sewing Machine
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Coding Big Data Analytics
Design Thinking
IOT Integration
A.I. Analysis
Network Security
SNS Optimization
NLP Development
Data Visualization
Digital Assistance OptimizationCluster Robots Management
Drone Printing
Remote Work Control
Authentication
VR Development
Gamification
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How new collar jobs will be formed?
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A new farmer who can do farming much better
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65% of children in elementary school today
will have jobs that do not exist, yet.U.S. Department of Labor report.
Many of public servant jobs will be replaced by machines.
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Who are the new lifelong learners in 10 years?
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P-TECH: Connecting Students with the Skills for In-Demand Jobs
Combining best features from grades 9-14
School Reform Efforts
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3rd grade @CMS EDU
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3rd grade @CMS EDU
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5th Grade
@Stratford School
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Maker’s Space is the New School of the Future
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Torrae & Ivan Owen building a hand for Liam
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Designer is the New Student of the Future
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20000 student class!
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Challenges – China, Mideast, social network sites banned, no YouTube access. (Use Youku, 56.com, etc.)
What’s not typical in MOOCs
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What’s not typical in MOOCs
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What’s not typical in MOOCs
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New Media ConsortiumGoldman SachsNovoEdUdemyand several education leaders
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Sharing is the New Learning
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Why Share Knowledge on ?
62
Reach
Share your knowledge with millions
of people around the world.
Revenue
Earn money teaching what
you know and love.
Passion
Join everyday experts excited
about teaching online.
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Knowledge Sharing on Udemy
26,000Experts teaching on
Udemy
$45MCourse Sales for top 10
Udemy instructors
$7,000Average instructor
earnings
300+Instructors have
earned $100,000+
6 to 8 weeksAverage time to publish a course
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Some Youtubers earned income as high as 15M
Give for Free, Earn Respect,
Engage Passionately, Grow by Supporters,
Earn Handsomely
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You are the New Teacherpreneur
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Digital Assistant Engine
Asking critical questions is more important than searching for information
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SMILE (Stanford Mobile Inquiry-based Learning Environment)
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S. Korea. Medical University - BYODMoving from lecture-centered to student interaction-centered model.Developed local evaluation rubrics.
Every student is engaged
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No question? Have you really learned anything?
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Adhoc local area mobile learning network – content & application server + router + wifi + storageOne button and runs on a battery
Bridge between MOOCs and Learners in the under-developed regions.
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Tanzania
Questions in Swahili and English.No textbook. Only the teacher owns textbooks.
Learning English by creating questions with photos. (Bottom)
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$200 $35
4 times faster4 times more storageQuad-core CPU
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Our system gives statistical analysis on how close each question is to a different type and quality of questions.
Using existing question sets as training data. A few ways to improve the performance of our system:• Use better and more training data (SMILE accumulating questions everyday. You can help!)• Enhance our algorithm layers to make our analysis much deeper learning
AlphaGo training itself with 30,000 games a day.
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Innovation Question Fisher: DORY
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A Great Question is the New Innovation
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SUMMARY
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Technology is the New Equalizer
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Technology can and will do many things for you, but it cannot learn on your behalf.
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Future lifelong learners are the designers and makers who must create their own jobs again and again
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Do you want to just go with the flow?
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With what do we fill the dash?After all, life is just a dash.
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_________ is the New________
Email your homework to [email protected]
Emerging Paradigm, Renewed Perspective, Practice
Traditional, Outdated Concept, Behavior