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Digital Colonization of Highly Regulated Industries
Pina: The piece that we're talking about today is not about finance, but it's also about other very regulated industries. And the idea was for us to see how digitization is affecting the presence of big tech in regulated markets. We ended up developing a model for big tech entry into healthcare and education because there are big similarities between them. These guys don't actually have a huge IT resources and capabilities. Their data is usually dispersed. They also don't data fight everything so if you think about a regular school a public school in the UK or us,. You might think about, but they're all exams there's still many exams taking on paper., Pina says.