TriCom Technical Services

The Next Step in Technical Evolution

In electronics, Events, IT, IT news, IT/IS, money, trends on March 24, 2011 at 4:06 pm

This afternoon as I skimmed Reddit for blog topic ideas, I came across an entry entitled,
I can not be the only one who feels that we are going to experience some pretty crazy changes in our lifetime (As if we haven’t already…)?” The writer, feeling as if technology is about to explode beyond our wildest dreams, confronted his fellow Redditors with this day-dreamer question.

One responder mentioned he liked to play what he called “The Thirty Years Window,” a game in which the player picks a point in history, imagines someone at the age of 20 during that time, and thinks about all the technological advances that person would have seen for the next thirty years.

“For example, my father told me how when he was a kid, the sound of an airplane would cause adults to run outside and look skyward in hopes of seeing the amazing new flying machines they’d heard rumors of. He told me that story as we watched the live video of Apollo 11, the first manned landing on the moon.”

Well kids, welcome to the next technological advance of your lifetime. As The New York Times reports, our mobile phones will soon be standing in for all the plastic in our wallets.

But some are resisting this technological advance in what the New York Times refers to as a behind-the-scenes battle.

“Mobile phone carriers, banks, credit card issuers, payment networks and technology companies are all vying to control these wallets. But first, they need to sort out what role each will play and how each will get paid.

The stakes are enormous because small, hidden fees that are generated every time consumers swipe their cards add up to tens of billions of dollars annually in the United States alone.”

But such is the way of the revolution. The new technology is embraced while the old is abandoned, and the money previously invested in older technologies will go to building and supporting the new. Without it, we would never evolve, and where would that get us?

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