Filtered by category: e-Literate, tag: workforce development × Clear
The Missing Pieces of the Skills Economy are the Skills and the Economy
Matched: AI
The "skills economy" is gaining momentum due to AI, rising college costs, and shifting labor markets, but lacks a shared definition. Skills aren't fixed widgets in a taxonomy — their value is contextual and changes over time. Three distinct meanings of "skill" (economic value, institutional accountability, and foundational learning components) are routinely conflated. What's missing isn't better skill definitions but infrastructure allowing two parties to assess whether a skills match justifies a transaction, supported by portable, evidence-backed credentials.
Digital Credentials, Workforce, and AI
Matched: AI
Chief Strategy Officer at 1EdTech shares evolving views on digital credentials after a year in the role. Key points: existing standards (Open Badges 3, CLR) already support most workforce credential needs; digital credentials are gaining real traction globally despite skepticism; the "LER" concept remains poorly defined while the downstream LER-RS résumé standard is clearer; and AI will lower costs on both supply and demand sides, shifting credential value from issuer reputation toward verifiable proof of skills.