Happy New Year to all! We’re only a few days into 2018 and already the interweb is awash with technology predictions for 2018. Not surprisingly, most are simply a carryover or, in some cases, a hangover from last year.
I’ve never been a huge fan of crystal balling. 20 years working in the technology and financial services industries has taught me very few pundits ever get it right.
However, I’m genuinely excited about what’s coming in 2018 and so have decided to throw my hat into the ring, and join the game of new year’s predictions. Here goes … my prediction is … in 2018 we will waste too much time thinking about technology.
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke
I have not delved into the psycho-philosophical reasons for our fascination with technology. Perhaps, as some suggest, it’s part of an inherent desire to improve the human condition or perhaps, as per Arthur C. Clarke’s 3rd law, it’s no different to our fascination with magic, or more broadly, things we don’t understand.
Whatever the reasons, when combined with the acceleration of technological advancement and the endless commentary to which we are now exposed, even a mild curiosity can quickly turn into “taking a drink from a fire hose.”
“Once a new technology rolls over you, if you’re not part of the steamroller, you’re part of the road.” – Stewart Brand
Unfortunately, putting your head in the sand and ignoring technology altogether is not an option. Disruption of the financial services industry has begun and any financial planning, mortgage broking or accounting firm wishing to remain competitive is going to have to take advantage of the many benefits this flood of innovation will bring.