business

The Digital Future:  Fintech

The Digital Future: Fintech

The advancement of digital technology is enabling ‘fintech’, or a new breed of financial technology, which represents a major reorganization of the services offered in the financial services industry. Banks and other financial institutions have long been entrenched as intermediaries between the financial system – financial services offered - and consumers. With fintech, the traditional ‘all under one umbrella’ approach of intermediaries is disappearing as people increasingly use computers and mobile devices.
The Digital Future:  The Subscription Economy

The Digital Future: The Subscription Economy

Our digital future will likely see the continued explosive growth of the subscription economy. The key driver is that, as the world becomes more complex and fast-paced, people will increasingly opt to have access to what they want, but not necessarily own it. In so many cases, the time, space, and money needed to own something – for example a pool, a swing set, or a car – may exceed the benefits of owning that thing.
Employees Get Chipped: Embedding Microchips

Employees Get Chipped: Embedding Microchips

For medical reasons, implantable technologies such as a pacemaker, help to regulate someone’s heart. Other implanted functions have been used to help the deaf hear and may one day be used for treatments for Parkinson’s Disease, epilepsy, and Tourette’s syndrome. They might also in the near future be engineered to help control obsessive compulsive disorder (OCD). While information and communication technology (ICT) seems promising on one hand, employees have had microchips embedded in their hands for work issues.
Why the Gig Economy Will Bring More Equality

Why the Gig Economy Will Bring More Equality

Seldom, if ever, is the Industrial Revolution framed as a labor revolution. Yet that’s undeniably what it was. Is it any coincidence that the dawning industrial revolution — fed by the Internet of Things, virtual reality, and the like — is stealing the limelight from the spread of contingent work?