Helping to Develop Africa's Socioeconomic Setbacks

Submitted by Bismark Appiah on Thu, 09/11/2014 - 12:17am.
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A lot of developing countries have provided technology programs for their students as a result of economic growth. In Africa, this is not the case for many students. Actually, university students' enrollment in the STEM subjects is less than 25 percent according to this source. For the most part, STEM subjects and programs contribute to a lot of the jobs in today’s labor market.

In today’s world, it's easier to find jobs related to some of the programs highlighted in the aforementioned link. The world has changed and the labor market is responding to these changes. Nonetheless, this shows that Africa is still lacking developmental skills. As a result, at the high-level forum held by the Government of Senegal and the World Bank in Dakar from June 10-12, distinguished leaders agreed to work together to strengthen technical and scientific skills in Africa.


Tim Cook Touchdown?

Submitted by Kate Meersschaert on Wed, 09/10/2014 - 3:09pm.
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(Image: via Blog/Justin Sullivan/Getty Images)

(Alluding to Mr. Cook's extreme football fandom) Do you think yesterday's keynote was a touchdown? If so, why? If not, what missed the mark? Here is a fantastic, short recap from blogger, Molly Wood.

And here are some of my thoughts from the bits I managed to watch:

  • Tim Cook is a measured, masterful presenter, however, I would love to see Apple break-away from the SAME presentation style.
  • The new Apple Watch (not iWatch) combines digital and analogue elements beautifully, if on a scale that seems a bit cumbersome for athletes and those with smaller wrists (I assume they are unisex in sizing).
  • The new payment model seems compelling if slightly confusing, how is this different than other mobile "wallets" or even Blink? However, I am open to this new payment method and look-forward to trying it!

What Drives Grade Inflation at Ivy League Colleges?

Submitted by Ahmed Bagigah on Wed, 09/10/2014 - 1:06am.
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In recent years, the GPA of students at Ivy League colleges has been at an all time high. In the 1950s, Harvard students averaged a GPA of C+ compared to a GPA of A- in current times. Are students really smarter than before? If not, what is the cause of the rise in GPAs? Ivy League colleges are widely regarded by all as the cream of the crop in terms of student ability. In order to please students and parents, Ivy League colleges have been inflating grades to maintain the status quo. However, this problem is mainly an administrative issue. Failing to keep proper ethical practices is really misleading to the public and employers who are looking forward to hiring new and qualified graduates.


Video Visionary

Submitted by Luke Malone on Tue, 09/09/2014 - 1:22pm.
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I couldn't help but overhear the session today on "Videos I Wish" and thought I would share this excerpt from a diary of Thomas Edison's that I came across. I have found it slightly depressing yet perpetually inspirational.

Thomas Edison on the invention of filmmaking:

"We might have developed them into a greater commercial circulation if we had kept on—but I was interested in the educational and not the entertainment field. When the educators failed to respond I lost interest. What I had in mind was a bit ahead of the times, maybe. The world wasn’t ready for the kind of education I had pictured.

Maybe I’m wrong, but I should say that in ten years textbooks as the principal medium of teaching will be as obsolete as the horse and carriage are now. I believe that in the next ten years visual education—the imparting of exact information through the motion-picture camera—will be a matter of course in all of our schools.


#VideosIWish: Inventory Costing Methods

Submitted by Bismark Appiah on Sun, 09/07/2014 - 8:44pm.
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In Accounting, Inventory is considered an asset. As a result, proper methods are used to assign costs to inventory. The three methods used to assign costs to inventory are LIFO, FIFO, and Average Cost. LIFO simply means Last in, First out. FIFO means First in, First Out and Average Cost is the weighted average cost of the inventory.

The FIFO method (First in, First out), states that items bought first are sold first. Due to rising prices in the economy, selling the first items in inventory tends to lower the Cost of Goods Sold and generate more profit, as shown in the Vialogues below. On the contrary, the LIFO method (Last in, First out), states that items bought last are sold first. By selling the last items first, Cost of Goods Sold tend to increase, which leads to lower profits. Consequently, many companies have shunned from using the LIFO method. Please feel free to watch this Vialogues and ask any question.


Globalization and Inequality

Submitted by Ahmed Bagigah on Sat, 09/06/2014 - 1:34am.
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A lot of economic theories states that globalization will promote less inequality in developing nations. Although globalization is closing the gap between developed and developing countries, inequality is still a major issue. A recent report notes that inequality in Africa and China has increased; this proves that although the countries are growing, only a few people are benefiting. This is the theory that states that comparative advantage will benefit unskilled workers in developing nations by allowing them to gain higher wagers, which will limit inequality.

The aforementioned article also mentions a report by the Organization of Economic Co-operation and Development (OECD), which argued that higher wages in developing countries are geared towards skilled workers. This is due to most foreign companies paying 40% higher than local companies. Additionally, these companies have a preference for skilled workers, who represent a small percentage of the population.


EdLab Chosen to Present @ NYC Media Lab's Annual Summit

Submitted by Kate Meersschaert on Fri, 09/05/2014 - 5:09pm.
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You heard it here first! EdLab was chosen by a panel of judges to present our work with both and at NYC Media Lab's Annual Summit on September 19th at the New School! The focus of this year's Summit is on, "the best thinking, projects, and talent in digital media across the City’s universities." And is uniquely focused on:

demonstrations that explore interesting technologies and applications related to digital media and communications, encompassing data, video, mobile, interfaces, and interactive design.

Stay tuned for more details soon and be on the lookout for an upcoming NL Sector article on NYC Media Lab in!


Outreach Opportunity: ArtsEdTechNYC

Submitted by Brian Sweeting on Fri, 09/05/2014 - 10:47am.
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My favorite EdTech meetup is back on Wednesday with a stellar panel moderated by Leah Gilliam, the director of Hive NYC Learning Network.


Brian Cohen, Co-Director, Beam Center
Hillary Kolos, Director of Digital & Teen Programs, DreamYard Project
Chris Wisniewski, Deputy Director for Education & Visitor Experience, Museum of the Moving Image

It starts at 6pm on Wednesday at the Apple Store in Soho. Let me know if you're interested in joining and RSVP here.

Also, Jessica Wilt, founder of the ArtsEdTechNYC Meetup and friend of EdLab, is fighting cancer. You can follow her updates and support her here.


Experience the power of a bookbook™

Submitted by Luke Malone on Fri, 09/05/2014 - 8:11am.
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Everything you've ever wanted in an tablet.


Teacher and Student Communication Made Easier Through New App

Submitted by Khalil Abubakar on Thu, 09/04/2014 - 2:29am.
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Ever sent your professor or teacher an email regarding an important issue but it takes them forever to reply? Remind might offer a solution to this problem. The app allows students to communicate with their teachers through a text and is fast becoming one of the top education apps. It allows teachers to remind students of class activities, especially assignment due dates. Messages come with a reply stamp that puts restrictions on which messages to reply to. Teachers can create take home quizzes and parents have access to their child's attendance and other information. This app is a big step because it makes it easier for teachers to organize messages from students in one place.

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