This week’s main blog discussions include …
When everything is digitised, what do humans do?
I was recently asked: Where are the boundaries of digitalisation (are there any)? We all would have different answers to this one, but there are boundaries to digitalisation. The main boundary is where technology is replacing the human, rather than augmenting humanity. I blogged about that last year: AI should augment the human and automate…
Focus on things machines CANNOT create
I got another good question in my banking session the other day: AI disruption will be transformational to banks revenue generation and cost optimisation. How do you see the people and organisational model of banks developing as they harness its benefits? This is a tough one, but the answer is clearly that everything that can…
The forgotten story of Clarence Saunders vs Wall Street
I just watched Dumb Money, the true story of Gamestop where a wild band of small investors led by Roaring Kitty attacked the big Wall Street short sellers by banging the buck. The more small investors invested, via Robin Hood, the more short sellers lost as the stock rose instead of falling. It’s a good…
In a nice article by Noah Ayomide Oyeniyi on LinkedIn, he outlines the history and development of money from barter through to CBDCs and crypto today. He even quotes me! Thank you Noah. I’m not going to critique the article, just recommend you read it, but I will pick up on one thing that people have…
The best way to destroy capitalism is to destroy money
I’ve said for a long time that we have these figments of our imaginations particularly countries, borders, time and money. Humans have made all of these up and it is our world order today. Go out to tribes in the Amazon or Papua New Guinea who are untouched by such modern life, and these things don’t exist …
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
