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Shaping the future of finance

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A Utopian or Dystopian future?

I often write about Trekonomics, and how our future world might play out based upon a Utopian or Dystopian future. In a Utopian future, Gene Rodenberry – the creator of Star Trek – envisaged humans exploring space to improve humanity. Star Trek is a Utopian future without money, where people trade on the basis of…

Our Sentient Future

Ten years ago, I was honoured to be invited to the Next Web conference in the Netherlands where I delivered a keynote about sentient banking. The idea is that the bank knows more about your lifestyle and living than you or your partner does. A decade later, thanks to Agentic AI and imminent AGI, we…

CBDCs, Stablecoins and Crypto: which will win?

I’m discussing a lot about digital currencies these days, and the future of CBDCs, Stablecoins and Crypto. The conversation generally goes along the lines of central banks issuing digital currencies is really unnecessary. No one wants them and no one trusts them. The whole thing is just a scam for governments to track and trace…

Elon Musk’s dream of life in 2100 might be your nightmare

The year is 2100. Earth is still here, but the Elon Musk vision is now delivered. What is that vision? Read on … Earth in 2100 is a place of automation. Everything is connected. Robots are everywhere. Self-driving aeroplanes and cars move goods and services. More than this, the world is run on a network….

What economy would machines create?

We talk a lot about AI these days or, as some call it, A1 or Al (yes, Betty, when you call me, you can call me Al) and we have now moved on to other terms including Generative AI, Agentic AI and AGI which stands for Artificial General Intelligence. The thing is that these terms…

Equivalence + Proportionality + Subsidiarity = ?

Having been back in the regulatory space again recently, it reminded me of a comment made by one European Commissioner when discussing MiFID back in the day. Over drinks, we were debating the wording and detail and he said: “the point is not to get all member states to comply … the point is to…

OK Boomer!

For no particular reason, I was reflecting on being a boomer the other day. Probably it was to do with the speed of change. After all, when I was a lad, there was no tech at home. I played with Batman and James Bond Corgi toys – which I still do – and that was…

How China’s banks and fintechs are using AI to leapfrog the world

For quite a while, I have been amazed by China’s innovations in fintech from Ant to WeBank. My first visit to a Chinese bank in the 1990s, they were using Abacuses to calculate transactions; now they use rocket science in the form of AI. A lot of this was covered in depth in the deep…

Can fintech protect the vulnerable?

Dealing with financial abuse It only came to my attention recently in talking about these things with those trying to solve the issues is that financial abuse is as prominent as domestic abuse. If you beat up your partner, you can see the physical bruises; but what about if you coercively control your partner or…

What would you do if you lost a billion dollars?

Whilst walking the dog, I’ve been entertained by a fascinating series of podcasts on BBC Sounds called Fool’s Gold. It tells the story of two detectorists – folks who search everywhere using metal detectors – who found gold dating back to the 8th century. Very rare gold. 300 or more coins plus some jewellery. It’s…

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