Effects Of Technology On Various Businesses

Refusal to adapt killed Postal, despite having hundreds of physical locations all over Kenya. Imagine having 623 branches scattered all over the country. Monopoly killed Postal instead of growing it.

Mobile money humbled proud banks such as Barclays and Standard Chartered Bank while at the same time employing thousands as clerks all over the country. Mobile money also reduced the risk of carrying around huge sums of money while at the same time offering the convenience of paying for goods from any place.

YouTube, TikTok, Instagram and others are going to kill many media houses since with as little as 20K many youth are operating small studios in their homes using a phone, tripod and cheap White lights. TV stations, Newspapers, magazines are all on the decline

Mother Of Them All? AI

It is now possible to create realistic looking images and videos online without having to invest in a very advanced computer. Cloud based AI studios are all over the web.

AI is in its infancy yet it is so realistic. By 2030 you won’t be able to tell real from fake

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