Invitations are
received for occasions I might once have attended. But time and the net mean that a good many
subjects of interest can be followed online instead of trailing up to London at
some cost to find out something that now takes fewer hours or might take only
minutes.
This means
that the patterns of life, including spending, organisation, contact methods
and systems etc. have changed, some aspects quite radically. Had I not been willing to do this, the word
"disruption" might be applied to what has happened.
Think of this
on a much bigger scale and applied to many economic activities then if this is
general the implications can be imagined, if not predicted or understood. This invitation, therefore, was interesting:
Quote:
In the last decade, London has become a digital powerhouse. Just five
years after the launch of Tech City the UK's digital economy already makes over
10% of the country's GDP, employing over 1.5M people and growing 30% faster
than the rest of the economy.
Digital companies are thriving across specialisms, displacing
incumbents, disrupting industries and reshaping markets.
Steering this transformation, UK digital leaders have harnessed the
power of technology to meet ever-raising customer expectations.
The LSE Banking and Finance and LSE Entrepreneurs Alumni Groups bring
together four industry leaders from the UK digital economy to explore the path
from City employee to global disruptor.
Join founders Zia Yusuf (Velocity), Nikolay Storonsky (Revolut) and Jules Coleman (Hassle.com) as they revisit their experiences, struggles and
achievements in a conversation chaired by Philip Salter (Director, The Entrepreneurs Network).
Unquote.
It is my opinion that over the decades when I have been sentient, up to
a point, the speed and extent of change has increased. How far it might or might not continue to
increase at this rate is difficult to work out.
This popular song from 1955 on Youtube
not only is an interesting example of how things can change, but if you replace
the word "Pretender" by the word "Disrupter" it might be a
good comment on the present day.
The worrying issue is how many or how few people in charge of our
affairs and major economic activities fully understand what has happened and
what is going to happen?
"growing 30% faster than the rest of the economy"
ReplyDeleteNot as impressive as it sounds.