Alfred Lam, CFA, Senior Vice-President, and Head of Multi-Assets CI Global Asset Management
Technology is disruptive. This statement is somewhat true, somewhat untrue.
Since the introduction of the personal computer in the ‘80s, human beings have experienced growing exposure to technology which changes how we “normally” do things. The first-generation personal computer performed basic computation, data storage and gaming. The capabilities of computer systems have continued to evolve along with software development for decades. In the ‘90s, the biggest invention was probably the internet. It allows communications and information sharing on a global scale. Then, in the new millennium, smart phones began to play a vital role in our daily lives, advancing beyond basic call functions. The Apple iPhone and a few others effectively replaced the need for a watch, alarm clock, stopwatch, map, notebook, calculator, flashlight, camera, and music player, including Apple’s own iPod. To a certain degree, smart phones even replaced computers as they allow access to emails, internet and various apps. Our data usage through our phone carriers grew to gigabytes per month!
Read the rest of Alfred’s comments by downloading A New Era of Disruptive Tech
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