Erik P.M. Vermeulen: Our Digital Future is Not Just Hype … “Digitize” or Get Left Behind

"I had some interesting discussions with policymakers and academics last week. My events focused on the “digitization of organizations” and “financial technology.” As always, there was a lot of interest in the new world. Everybody wants to talk about artificial intelligence, robotics, blockchain, and initial coin offerings (ICOs).

But such interest is rarely matched with real action.
References were made to the “volatility of bitcoin and other cryptocurrencies,” “the disappointing performance of artificial intelligence,” and the “slow adoption of blockchain technology.”
The standard response was that we shouldn’t drive ourselves crazy worrying about the effects of change. After all, most digital technology is “hype.”"

Why is interest in new technology not matched with action?

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