Blue chips are dead, toppled by a new generation of tech-based upstarts
Stop for a moment. Think, watch, then think again. The world is changing; faster than you might imagine.
In our often hectic times, we don’t take the time to appreciate the change and how it is interwoven into our everyday lives. Think how easily people in cities will grab an Uber, order groceries or a takeaway meal, and organise travel online. Our banking now is almost done exclusively on a smartphone that has only been in existence for a little over a decade.
It doesn’t stop there. Soon a significant proportion of our energy will be generated by wind and solar; small surgery might be done remotely via new telephone technology and robotics; driverless vehicles are closer to becoming a reality; and people who suffer certain medical conditions can now use cannabis legally.
And this is barely scratching the surface. The real change that I see is coming from people themselves. A new generation is prepared to chase their dreams using technology in ways perhaps never experienced before. The renaissance of ideas, caused by the quantum leaps in technology (and the affordability of that technology), means more innovation and wave after wave of new investment opportunity.
This story is from the February 2018 edition of Money Magazine Australia.
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This story is from the February 2018 edition of Money Magazine Australia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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