Mohamed El-Erian, chief economic adviser at Allianz SE, writes in Bloomberg View that the Uber model will disrupt finance and describes how that might occur.
Mr. El-Erian’s article begins as follows:
The more I use Uber, the more I am convinced of the transformational power of recent technology innovations, especially when it is intelligently combined with behavioral science and economic principles. Indeed, it is only a matter of time until this potent mix disrupts an increasing number of industries, including certain segments of finance.
Read full article at Uber and the Coming Disruption of Finance – Bloomberg View.