Stars “R” Falling - Issue #425 July 20th, 2023

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FinTech Weekly opens this number with what might appear to be gossip news — but it is not. The Hollywood strike turns the spotlight on the concerns of many workers (maybe is it just easier for that industry to make headlines?). Once again, there is a mismatch between what workers think and what business owners want: on one hand, artificial intelligence can scare people, on the other hand, it helps business owners to scale their businesses — and we’re not talking only about tech giants, but also SMEs. Should they be blamed for this? We leave it up to you. We asked you if you were able to guess what our “R” stands for … Well, it stands for “reset”. Do we need to reset our mindsets to cope with AI? Is it like for other major revolutions – we just need to adjust to innovation and accept the consequences until it will seem something natural?

This number of FinTech Weekly goes through the most relevant fintech news, including what is happening to SMEs. We take into account the (alarming) attitude of Gary Gensler, not only for what concerns cryptos, but also AI (do you remember that last week we anticipated his speech at the National Press Club?).

We look into what is going on with businesses and innovation, but we close the number with an interesting question: How and When Will AI Replace My Job?

It might seem a pessimistic take, but we like to think of it as a realistic question.

This and much more in this number of FinTech Weekly – follow us to discover fintech news and events and stay ahead of the competition!

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