Cashing in on the cashless society

While the world’s media was trying to get a handle on Russia and Ukraine, my counter-cyclical approach was to investigate the move towards a cashless society. Retailers and banks have been (stealthily), moving away from having their shop assistants and tellers handle cash. Maybe it was already happening, but the Covid-19 pandemic accelerated the push by retailers in particular, to insist on people using a debit card to pay for goods and services. The rational…

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Friday on My Mind – Technology And Our Private Lives

“Och*, technology – it’s the Deil’s work,” my Scottish Dad said in 1964, when I bought one of the early transistor radios. Dad died in 1991, so he missed the Internet (and Windows 98, the best version). He also missed WIFI, smart phones, internet banking, Facebook, Twitter, Skype, Bluetooth, video and music streaming and that nemesis of 21st century parents −  Facetime. I’m not sure what he’d make of hackers, spammers, viruses, malware, or dealing…

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King decrees universal basic income

The question for the week is, what, apart from introducing a universal basic income, would you do if you were King, President or Prime Minister for a day? The term ‘King for a Day,’ which has inspired more than a dozen pop songs and an obscure opera by Verdi, implies that for 24 hours you get to be loved by the masses. You can loll about in a high-backed chair, gold orb and sceptre in…

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