In August 2017 and September 2017, Hurricanes Harvey and Irma (both category 4 storms at landfall) tore through the states of Texas and Florida, leaving many communities with significant physical and economic damage.
Our meeting on March 7, the first in a series led as a joint effort between the U.S. Chamber of Commerce Foundation and Lumina Foundation, kicked off an eight month sprint of work to improve the talent marketplace. All of the organizations involved are experts on today’s emerging technologies, such as semantic web standards (e.g., linked data), distributed ledger technologies (e.g., blockchain), artificial intelligence, and machine learning. We know that these technologies have the power, if leveraged properly, to transform the talent marketplace and drive future innovation.
Mobile and digital technology plays a critical role in empowering disadvantaged groups and improving socioeconomic and health outcomes for people in developing countries. Yet, women have fallen behind their male counterparts in technological adoption.
The effects of Hurricanes Irma and Maria on Puerto Rico have been well publicized, and there is much work ahead. The Rural Community Assistance Partnership (RCAP) is proud to be one of hundreds of organizations on the island trying to facilitate a path forward for the people of Puerto Rico.
Closing the communications gap requires investments on both sides of the equation. Employers and education providers must work together to ensure the signals are accurate, clear, and verifiable. As the use of digital credentials expands, job seekers will gain unprecedented insight into the link between what they learn and the sort of employment opportunities that exist in their community -- or around the country. And for employers, the improved signal-to-noise ratio means a higher percentage of qualified applicants for each job opening, and improved ability of hiring managers to identify the best candidates for their position.
Last month, business leaders met in Washington, D.C. with the Honorable Mayita Meléndez, the Mayor of Ponce, Puerto Rico. The event was an opportunity for the private sector to hear first-hand how they can help with the long-term recovery efforts in the city.
“The devastation was worse than I imagined.”
This was just one comment in an echo of similar reactions by business delegates who joined the U.S. Chamber Foundation in Puerto Rico four months after Hurricane Maria made landfall.
Economic mobility rests on the opportunities that individuals are granted or seek out. Education plays a big part of that, which is why many professionals are now looking for continuous ways to improve their skillsets. But how do you validate that people have earned what they say they've earned? The reality is that people lie about their credentials. The solution? Use advanced technology to make credentials trackable and unfakeable.