You missed the most insidious innovation of all, derivative contracts and markets :-). Yes, fully agree that over a larger horizon financial services have been

You missed the most insidious innovation of all, derivative contracts and markets :-). Yes, fully agree that over a larger horizon financial services have been evolving and innovating (not always in a controlled or beneficial manner). It is also true that previous digital innovations (databases, spreadsheets and... powerpoints) have been adopted (as in bought / licensed) and were instrumental to enable all these innovations on the financial side. What the financial sector did not realize is that as the information universe coelesces and, e.g., advertisers or retailers come to invent and dominate technological platforms innovation cannot happen with rented tools. > the ones currently shouting loudest about disrupting finance seem to have a serious lack of understanding what finance actually is the disconnect between (digital) technical and domain knowledge is exactly what I think is the problem