Monday, December 12, 2011
What Portion of Retail Payments Can Mobile Displace?
Mobile payments suppliers might hope to shift some significant portion, up to 74 percent, of retail transactions, one might argue, as debit card payments now represent that percentage of retail transactions.
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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