This week’s main blog discussions include … How AI will impact your business Some people may think McKinsey are a dark force, but their research is pretty good. In the latest white paper, they summarise what is happening with AI and GPT (Generative Pre-trained Transformer) and, with all the buzz around ChatGPT and BankGPT, the…
Holidays are all about taking a break and it seems Goldman Sachs is thinking about taking a break from their relationship with Apple. Will this be the end of their foray into consumer finance after losing more than $3 BILLION since 2020 on their experiment? SOME of the cast of the show managed to meet…
2023 is proving to be a punishing year for banks, finance, technology and fintech. Firms have seen massive downgrades of their market cap, and we have seen the demise of major companies ranging from Silicon Valley Bank, First Republic and Credit Suisse. Some say that this is a crisis. However, it seems more like a…
Some people may think McKinsey are a dark force, but their research is pretty good. In the latest white paper, they summarise what is happening with AI and GPT (Generative Pre-trained Transformer) and, with all the buzz around ChatGPT and BankGPT, the paper is worth sharing here. These are the key take-aways: Generative AI’s impact…
I’ve realised that my thoughts these days seem to focus mainly on artificial intelligence (AI), cryptocurrencies, the metaverse and space travel. That’s not surprising as that’s where Elon Musk, Jeff Bezos and Mark Zuckerberg are focused. These are the future technologies and capabilities that are inspiring our next generation. The question is: what if we…
We treat our world very simplistically, and yet we have made our world incredibly complex. When you think we can land a spacecraft on a meteor hurtling through space, it’s amazing what we have achieved. What makes this interesting is the way in which humans have created incredible infrastructures, supply chains and logistics on Earth…
Those who read my blog often know that I see FinTech as the partnership between old bankers and young technology visionaries or, in context, a parent-child relationship. The parent wants stability and to maintain the status quo; the child wants to break down barriers and change the world. That’s a tough alignment, especially if you…
The main blog discussions this week include … The relationship between banking, fintech and the Titanic I hesitate to write this, as it is controversial. But then I am not afraid to confront controversy. After the tragic implosion of Titan, the OceanGate submersible submarine that was doing the deep dive to the Titanic … ……
CBDCs were in the headlines again this week as the European Commission unveiled their legislative proposal for a digital euro, but does anyone actually want it? There were elements of the announcement that caught our attention that the team thought could kill the business case (if there even is one to begin with). Britcoin, physical…
I attended a fascinating lunch the other day. The audience comprised a number of senior folks and founders from companies covering all industries and many geographies. After we all introduced ourselves there was then a discussion, under Chatham House Rule*, that ranged from the frictions between the USA and China, China and Taiwan, the Ukraine…
