The World Is Getting Older. Fast!

It’s not just my generation, it’s the Baby Boomers. And it’s not just in the USA. The population of the entire world is aging. And aging fast. To get a feel for how important this is, check out this chart.

 

Better Than Plastic!

Driver’s licenses, credit cards, bank cards, and even gift cards are fast becoming obsolete. In three to five years, we’ll all be using a simpler and much less risky way to carry around our most sensitive information and pay our bills.

A harbinger: Amazon and Whole Foods have teamed up to launch a new technology that will allow shoppers to transfer all their credit information by passing their hands under some newfangled machine. Read about it here.

 

Lights! Camera! Inaction? 

American films brought in $592 million in ticket sales in China in the first half of the year. That sounds like a lot until you learn that last year, at the same time, they earned $1.9 billion!

 

How Rich Is Elon Musk? 

Rich enough that he lost $13.6 billion in net worth July 20th (on account of a Tesla stock dive) and still has a $40 billion lead on Bernard Arnault, who is No. 2 on the Bloomberg Billionaires Index. Click here.