Investment – are we missing something?
- Companies are doing more and more online. They are spending
increasingly less of their investment budgets on technology. How is
- Companies are relying on their employees to use their own devices
for work. They can invest less in technology and instead have their
employees subsidize shareholders.
- Consumer spending on technology does not necessarily rise. Instead
consumers use their own devices more intensively. (The capacity
utilization rate rises.)
- This is just the start. The recent UBS Nobel Perspectives Live! event
stressed that technology is important for how it changes established
ways of working. Investors need to understand that old-fashioned
data does not necessarily reflect the modern world.