Apple Pay And The Future Of How We Spend Money

Mitch JoelPosted by

Every Monday morning at 7:10 am, I am a guest contributor on CHOM 97.7 FM radio broadcasting out of Montreal (home base). It’s not a long segment – about 5 to 10 minutes every week – about everything that is happening in the world of technology and digital media. The good folks at CHOM 97.7 FM are posting these segments weekly to SoundCloud, if you’re interested in hearing more of me blathering away. I’m really excited about this opportunity, because this is the radio station that I grew up on listening to, and it really is a fun treat to be invited to the Mornings Rock with Terry and Heather B. morning show. The segment is called, CTRL ALT Delete with Mitch Joel.

This week we discussed:

  • Are we about to see the end of email? Doubtful. Still, Google is attempting to reinvent email to make it that much efficient for all of us. This past week, Google launched something called Google Inbox. Of course, it’s invite-only right now, but people are already excited and talking about it.
  • Do people still care about Ello? They just announced $5.5 million in funding.
  • Amazon reported their quarterly earnings, and it wasn’t pretty. The stock took a beating. Of course, they’re still making tons of money… they’re just spending a lot too. I, for one, think that Jeff Bezos is one of the best entrepreneurs out there. So, should Amazon’s stock take a beating or should Wall Street back off?
  • Apple Pay was launched last week when the new iOS for iPhone‘s was launched. What will the future of mobile payment look like? Can Apple Play be the big player?
  • Not to be outdone in the “shiny new objects” of the week space, Facebook also released something interesting this week (that also plays into that topic of the impermanent Web) called, Rooms. The new app allows groups of people to contribute to message boards on topics of your choosing. Users create rooms for a topic they’re interested in and invite others to join by sending them a QR code for the room. Each user who joins can pick the name they want to use and, much like traditional message boards, group creators can also assign moderators or set age restrictions. But, you can be anonymous. Can you really be anonymous?
  • Jimmy Kimmel talks up Apple Pay (and, it’s funny).

Listen here…