The Technological Revolution continues to be much more disruptive than the Industrial Revolution in terms of its global reach. While both dramatically changed the way people work, the Industrial Revolution was limited in geographical scope. Technology, on the other hand, has crept into every segment of the world’s society, no matter the location or whether it is a developed or developing region.
By all accounts, the most disruptive segment of the technological revolution has been financial technology, otherwise known as Fintech. And while some were slow to catch on to the lasting impact that digital media would have on brands and consumer loyalty, there is still time to catch the Fintech wave and ride it to personal success.
Seeing the Future of Transitioning Paradigms
The transition from print and television media to online/digital media was slow at first, and many seasoned professionals did not have the foresight to see what was coming. Some people lost their jobs. However, digital media also launched an avalanche of new career opportunities and has enabled brands to reach consumers never before possible. The same can be expected of Fintech.
Incorporating cutting-edge technologies into the financial world, especially technologies based on AI and other automations will require a smaller workforce in certain settings. However, the technology will also create many new jobs and professional career paths. And one need look no further than the headlines to understand the vast potential that awaits in a Fintech future. A tremendous amount of capital is being invested in launching, nurturing and integrating financial technologies across the marketplace. From banks to Amazon, everyone is latching on to the Fintech revolution.
How to Be a Player in the Fintech Revolution
The only way to be sure the Fintech revolution does not leave you sitting on the sidelines is to become educated, trained and prepared. Fortunately, well-known business schools are creating programs to help people do just that. The Oxford Said Business School at Imperial College, for example, offers an online Fintech course suitable for everyone, whether the head of a startup or CEO of an established corporation. “Around Fintech in 8 Hours” was created to reach entrepreneurs all around the world, from Africa to Wall Street. It is a foundational course created in collaboration with some of the biggest names in Fintech, such as Janos Barberis, founder of Asia’s largest Fintech accelerator and Dan Liebau, Founder of LightBulb Capital, a Hong Kong and Singapore-based advisory firm, and others. The course can be taken over a few months and provides a strong foundation in Fintech literacy.
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