The world is in the 'early days of tech infusing itself in every industry, much deeper,' says Jonathan Curtis, portfolio manager at Franklin Equity Group.
Change can be hard to embrace, particularly when it means breaking with traditions formed over decades.
The world remains in the “early days of tech infusing itself in every industry, much deeper,” said Curtis, who co-manages the roughly $9.5 billion Franklin Technology Fund, in an interview with MarketWatch. “Experimentation during the crisis is going to stick, because it drives massive productivity gains.”
Global payments revenues fell an estimated 22% in the first six months of last year compared with the same stretch in 2019, according to a McKinsey report. Read: Ransomware boom comes from gangs that operate like cloud-software unicorns — ‘a truly incredible business model’
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