Friday, July 1, 2011
Why Mobile Money is Important in Developing Regions
For many, mobile money transfers are intriguing not because they represent a new business and industry, though that is important. Making mobile phones function as a virtual bank or ATM in places where the banking infrastructure is under-developed is important as an economic development tool.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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