HSBC's highly rated equity strategy team dusted off its crystal ball in a recent report to work out what might be the next big thing in technology. In particular it focused on disruptive technologies': defined as "any innovation that is liable to revolutionise an industry and challenge the dominance of its incumbents", with a major focus on the convergence of "telecoms speed, data capacity and network effects".
The analysts warn that "the winners [in a disruptive technology] take many years to emerge and it is well-nigh impossible to identify them early Conversely, the losers tend to be both more obvious, and more obvious at an early stage". Quite.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The internet of things
Cloud/big data/analytics
Mobile payment and near-field communication
Insurance telematics
Flexible screens
Biosimilars
Stem cells
Fully automated driving
-
Tariffs 'were a terrible idea but shunning the US is a big mistake'Opinion Manufacturers and investors have pivoted away from the US, the world’s biggest economy. That’s a mistake, says Matthew Lynn
-
End of “fleecehold”: Will leasehold reforms bring an end to the UK's feudal system?Britain’s feudal system of property ownership is being overhauled. It's about time, says Simon Wilson
