08.10.2018 Views

Glacier Quarterly 3 - 2018

This issue of the Glacier Quarterly focuses on technology and its impact on our industry.  We recently launched our first Artificial Intelligence fund – the Glacier AI Flexible Fund of Funds – which uses machine-learning technologies to address investors’ main concern, that of capital loss.

This issue of the Glacier Quarterly focuses on technology and its impact on our industry.  We recently launched our first Artificial Intelligence fund – the Glacier AI Flexible Fund of Funds – which uses machine-learning technologies to address investors’ main concern, that of capital loss.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

SCENARIO PLANNING<br />

A GOOD BREAK:<br />

Tech reminds us that sometimes rules<br />

are made to be broken<br />

The appearance earlier this year of<br />

Facebook CEO Mark Zuckerberg<br />

before the European Parliament<br />

reminds us of the company’s founding<br />

motto: ‘Move fast and break things’.<br />

It’s since become something of a<br />

mantra for tech entrepreneurs who<br />

believe disruption is key to innovation.<br />

Normally, innovation within an<br />

industry is incremental and the<br />

industry evolves accordingly.<br />

Disruption, on the other hand,<br />

unsettles industry by replacing a<br />

defining characteristic with something<br />

completely new and more efficient.<br />

So it’s both creative and destructive.<br />

In a way, disruption is evolution<br />

through revolution.<br />

The ride-hailing apps Uber, Lyft and<br />

Didi are classic cases in point, having<br />

turned the traditional taxi industry<br />

on its head.<br />

What drives disruption?<br />

But why are tech-based companies<br />

so often the drivers of disruption?<br />

Because they’re able to break rules.<br />

That may sound counter-intuitive,<br />

but remember, not all rules are the<br />

same.<br />

As all foxes should know, there are<br />

written and unwritten rules in any<br />

game. Written rules are laws and<br />

regulations – the difference between<br />

civilisation and anarchy.<br />

20

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!