I spoke with Rauel LaBreche on Frame of Reference about the shift from traditional banking to...
Anything that can digitized can be financialized
In my conversation with Marco Ciappelli on the Redefining Society Podcast, we extrapolated that if finance is going to become personalized, several other significant areas in society will become personalized:
● Anything that can be digitized can be financialized. As more aspects of our lives become digitised, they can be turned into data and financialised.
● Assets will become ephemeral, and shorter-term ownership and sharing will gain prevalence. Younger generations are inclined to own assets for shorter periods, viewing them as fashion statements rather than lifelong commitments.
● Both individuals and the banking industry must embrace these changes in the industry and adapt to the evolving landscape of finance.
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