JPMorgan opens the world’s first bank branch in the Metaverse
WHY THIS MATTERS IN BRIEF As more people live and spend more time in the Metaverse they’ll buy more digital goods and realty, and those will need a new kind of loan so JPMorgan wants to beat the competition to that market. Love the Exponential Future? Join our XPotential...
JPMorgan ventures into UK retail banking with its first digital only bank
WHY THIS MATTERS IN BRIEF The cost of opening and operating a digital only bank is just a fraction of that of a traditional bank. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. For the past five years or...
Facebook’s cryptocurrency Libra was so powerful it could have ended state control of money
WHY THIS MATTERS IN BRIEF Who is more powerful today – Trump, Xi, or Zuckerberg? Think about it … Technology and an increasingly connected society are now making individuals more powerful than the state. Interested in the Exponential Future? Join our XPotential Community, future proof yourself with courses from our XPotential...
Fortune CEO’s plan to abandon shareholder first model and be more future focused
WHY THIS MATTERS IN BRIEF Today’s shareholder first philosophy was fashioned in the 1990’s, but now Fortune 100 CEO’s are proposing a radical overhaul of the system to favour communities, individuals, and the future. Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. The world is...
JP Morgan becomes the first major US bank to roll its own crypto coins
WHY THIS MATTERS IN BRIEF Bitcoin may have its critics, but noone can argue the impact that cryptocurrencies have had on the world, and now one of the US’ biggest banks is jumping on the bandwagon. With talks of China creating the first blockchain based national cryptocurrency and Ohio...
AI recruiters are using advanced surveillance like tech to interview job seekers
WHY THIS MATTERS IN BRIEF The same technologies that are helping us catch and profile criminals, or surveil civilians at scale, AI, biometrics, machine vision and so on, are also helping companies find, interview, analyse and categorise job seekers faster and more effectively than ever. Companies, like RBS and...
JPMorgan is automating the world of finance
WHY THIS MATTERS IN BRIEF The world of finance is being automated faster than almost any other industry and JPMorgan is leading the charge. At JPMorgan Chase a learning machine is parsing financial deals that once kept legal teams busy for thousands of hours. The program, called COIN, for...
No humans required, the fully autonomous AI running a Wall Street hedge fund
WHY THIS MATTERS IN BRIEF Companies that use artificial intelligence to augment their human workers is nothing new, but companies that are run by artificial intelligence, without any human input, are. I’ve been documenting the emergence of fully autonomous organisations – organisations that are able to run and scale...
JPMorgan unleashes artificial intelligence to automate its legal work
WHY THIS MATTERS IN BRIEF With massive technology budgets and a paranoia of startups stealing a march Wall Street is going all in on innovation and automation. With companies like LawGeex and ROSS Intelligence trying to automate the legal world it was only a matter of time before the...
The internet pioneer behind Apache pushes blockchain to fuel the next big internet revolution
WHY THIS MATTERS IN BRIEF Everyone agrees that blockchain is a disruptive technology, and a technology that could help revolutionise not just one industry but all of them but in order for it to really change the world it first needs to be embedded into the “plumbing” of the internet,...
