How to Adapt to a Rapidly Changing World with Bret Greenstein
HumAIn Podcast
00:00
The Future of IoT and Technology
In Asia Pacific, there is a lot less of that prevalence of using Visa and MasterCard. What works here based on the infrastructure and banking we have doesn't necessarily translate to what China's doing. An entire generation now growing up on gaming and apps who exchange virtual dollars constantly are also comfortable with direct mobile payments between each other. That's emerging and perhaps when that generation leads financial institutions in the U.S., maybe we're just on that path and just not quite as quickly as China was.
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