A company called Nuance developed a virtual assistant similar to Siri for help with banking tasks. Watch the demo video below. Once again I am reminded of the differences between Generation X and Y. As an Xer, I am definitely not going to talk to my phone while walking down the street about my finances. My personal finances are just that: personal. But to Gen Y and Z, who have shared and bared (in some cases) their souls online, perhaps this is perfectly acceptable.
When people talk about the watering down of privacy and Big Brother, it never occurred to me that perhaps privacy would become something that is no longer valued. If young adults don’t mind talking about their finances in public, maybe this is a paradigm shift toward a more open society in which everyone will know everything about everyone else, and that is just fine with people. Or, maybe they are kids acting like kids, and someday they will grow up.
The Pew Research Center held a panel discussion about the differences between Baby Boomers and Gen Y. One of the panelists stated the Baby Boom generation describes itself with the words “work ethic” and “respectful.” Then the baby boomer respectfully said, “Dude…I remember the 60s (or at least some of them) and I don’t think work ethic and respect were on top of the to-do list. In fact, I don’t think we had a to-do list!”
It will be interesting to see if future generations start to back-pedal a bit on the sharing of information, or if we are indeed headed for a total paradigm shift toward total transparency.