Day by day, we see how our environment changes. We have seen how traditional paper-based news replaced by online news, and later it is suddenly replaced by social media.
Another great example, how blockchain-based cryptocurrency built by a community and started to create a new economy around this ecosystem.
The technology development, which started by the industrial revolution, accelerate at an exponential pace. With all of these developments from agriculture to technology makes our everyday life more and more complex.
If we only think about the information technology, we can realize how the IT professional changed to different roles, like DevOps engineer, UX/UI designer, FullStack developer. We can recognize only one person now not able to be an expert in all fields. They must cooperate in a community or a team.
Next of my favorite topic is the opensource software, where lots of people working together for a fabulous product. In some cases, one opensource project has more developers than any of the software vendor companies.
We can quickly realize after these examples, how the whole economy evolve. I think the governments, and regulators also need some improvement in mindset, to understand companies must cooperate, to make competition to the giant technology companies. For more significant scientific problems, sometimes big technology companies join their force. One of my favorite examples was the Microsoft and Amazon collaboration on personal assistants.
I expect more cooperation in different fields. If we talk about Banking.
Just think about the challenger bank's accounting. Most of them provide elementary account services for free. If we want to compete with them, why it is a wrong idea to collaborate for these services?
National Banks, many times empathize the importance of lowering the costs of the basic services. I think this is a great way how we able to execute these goals. I think the basic payment services would be the same, which also on the target of the cuts.
I think the whole economy will move in this direction as our environment transforming into a more complex one.
The commodity services which doesn't provide extra value will go in this way.
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