The End of Money

“The End of Money” is the title of David Wolman’s provocative book, which explores a world without cash. Could our economy exist without bills and coins? Do we need a mint? Can we convert Fort Knox into a multiplex? David has traveled the world seeking answers and he has learned that replacing unnecessary currency with digital records could save us over $1 billion per year! In David’s world, the Brinks truck would pull up to a bank and carry out bags of digits, not cash. There are profound economic, practical, and even psychological consequences of getting rid of cash. But will this result is an even more complete loss of financial privacy, or has that already happened?

The End of Money

“The End of Money” is the title of David Wolman’s provocative book, which explores a world without cash. Could our economy exist without bills and coins? Do we need a mint? Can we convert Fort Knox into a multiplex? David has traveled the world seeking answers and he has learned that replacing unnecessary currency with digital records could save us over $1 billion per year! In David’s world, the Brinks truck would pull up to a bank and carry out bags of digits, not cash. There are profound economic, practical, and even psychological consequences of getting rid of cash. But will this result is an even more complete loss of financial privacy, or has that already happened?

Driverless Cars Are The New Horseless Carriages

Some older Americans are having trouble adjusting to social media and iPhones. That change is minor compared to the shift in perception they will need to get used to a country of driverless cars. This is not fantasy. They are in production; soon to be on the showroom floor and their arrival will portend nearly incomprehensible changes in our lives. Your garage will house a smart phone on wheels. Forget privacy, it will know whose home you’ve stopped at, your driving patterns and much more. This information will be tracked by Google, probably the government, and perhaps everyone else. So long to chauffeurs, bus drivers and taxi drivers. We’ll still have the cabs, just no drivers. Speed limits will be a thing of the past. The only cause of accidents will be humans. Mothers Against Drunk Driving will become Mothers Against Human Driving. Greg Beato joined Bob to discuss this topic. Greg has written for dozens of publications, including SPIN, Wired, Business 2.0, and the San Francisco Chronicle. Driverless cars will change your life… but for better or for worse?