A few times now, the website known as Envisioning Technology has snared me with their predictive posters. First there was their “Emerging Technologies” infographic for the year of 2012. That was followed shortly thereafter by “The future of health” and “The future of education“. They even took a look at popular dystopian and apocalyptic scenarios and asked the question “Should I be afraid“?
And now, in their latest infographic, they’ve tackled the future of finance. Looking at the financial industry as a whole, they attempt to gauge its readiness to technological change. While looking at trends that are likely to influence the very notion of value in the coming decades, they ask the question “are [organizations] paying enough attention to the imminent changes that will define the future of society or if they are running the risk of letting accelerating change vanquish existing business models?”
And as usual, the information is presented in an interconnected, multi-layered fashion. Dividing all aspects of the financial sector into the categories of Data, Automation, Security, Disintermediation (i.e. removing the “middle men”), Crowds (crowd-sourcing, crowd-funding), Mobile technology, Currencies, and Reputation, potential technologies are then listed based on whether or not they are under development, likely to be in development in the near future, or are currently being overlooked.
Take a gander and see what you think. As usual, its packed full of interesting concepts, speculative reasoning, and a ton of statistical data. And be sure to check out the website in case you have yet to see their other infographics.
Source: Envisioning Technology