Digitization

It moves from vision to alignment, redesign, digitize, adopt, scale, and finally, value.

You know, the detail that jumped right out at me is the sequence.

Digitize is step four.

It is right in the middle of the process.

Yes.

So why has trust become one of the most valuable currencies in both business but also leadership?

leadership?Digitalization has created an opportunity to, to break human trust at, at a scale that is frightening.

Uh, uh, it, it polarizes our societies, it, it creates cybersecurity risks.

You can-- You, you don't know who to trust in, in the digital age as much.

Let's have a listen.

So I'm joined today by the Minister for Public Expenditure, Infrastructure, Public Service Reform, and Digitalization, Jack Chambers.

You're very welcome to the podcast.

Thanks, Jack.

Then the physical awareness.

De-digitizing encourages and engaging with immediate physical environment through nature, fitness, and direct ex- exploration.

Like I said, by de-digitizing myself, I'm spending more time that I can be doing, like working out, reading, listening to music.

I'm having more time because I am not focusing on the next TikTok or the next YouTube Short or scrolling for hours on the phone trying to...

The focus probably should be on ensuring that these citizens are well informed and aware on the possible impacts of their decisions and not on discouraging their participation in the financial market.

Digitalization brings also

the risk of digital exclusion for seniors, poverty groups, migrants, and this should be actively fought by public authorities.

For seniors, for instance, it is important to encourage home online access, relying on family support.

Porque así como en un viaje no quiero estar todo estructurado hora, minuto, segundo y no poder liberarme, en mi día a día tampoco, ¿no? Entonces, si yo de repente digo: durante el viaje mantengo los hábitos que me hacen bien, que me sirven, eso ayuda a que el viaje se disfrute más, a que volver del viaje no tengo un costo tan alto, no tengo esta sensación de que vuelvo del viaje a tener que recuperarme o a que recuperar mis hábitos o a tener que, mmm, bajar el peso que gané en las vacaciones, ¿no? Es como que vuelvo y de vuelta, viajar es liviano, se vuelve sencillo, se vuelve más fácil.

No quiere decir, porque tampoco lo haríamos en el día a día, ser es-- ser rígidos, pero es entender que el viaje me puede ayudar a detectar qué-- cuál de mis hábitos está siendo demasiado rígido o me puede ayudar a detectar en qué área de mi vida me serviría minimalizar, sistematizar, digitalizar.

Digitalizar, estoy, estoy como saltando p-- entre temas-

Sí

...pero digitalizar para mí vino muy de la mano de los viajes, porque cuando vos tenés digitalizado tu trabajo, te acostumbrás a las notas que tenés en papel, llevártelas o solo tener un cuaderno que está vigente y que el resto está escaneado, vos podés viajar con todas tus cosas.

That's local and global product, which is adding value to end investors via diversification.

Digitalization has driven the acceleration of ETFs, of mutual funds, simply by making them easier to use.

Robo advice is cheaper and more accessible.

Now, just one important nuance that most commentators miss that brings together all of these themes.