In his 1964 song “The Times They Are A Changin’,” Bob Dylan sang:
There’s a battle outside
And it is ragin’.
It’ll soon shake your windows
And rattle your walls
For the times they are a-changin’.
Dylan was referring to societal changes happening in the U.S. in the 1960s. But his lyrics can also apply to the rapid pace of technological advancement occurring today.
Newly developed technologies are quickly displacing or disrupting established ones and hold the potential to dramatically change how we live and work. These technologies include 3D printing, blockchain, artificial intelligence, machine learning, and more. They are expected to usher in new industries, companies, jobs, and economic growth in what’s being referred to as the Fourth Industrial Revolution.
How should we as humans and companies prepare for this type of change? Experts advise that we become lifelong learners, ready to adapt to and even embrace technological changes that affect our businesses and lives. In addition, we must teach children how to learn, handle complexity, use data to make good decisions, and be flexible in their thinking and approach to solving problems.
Technology has already begun to change how companies in the barter industry conduct business with customers and connect with other exchanges. Fundamentally, all exchanges want to offer a good user experience and process transactions smoothly and seamlessly.
At The Barter Company, our convenient mobile app lets clients easily manage their account and make trades. Our app is a small part of the technological advancements that are coming to transform our lives, but it is mighty in the barter industry. Clients can use it to find barter clients nearby, search available products and services, authorize trades, and see their QR certificates. It’s easy to use, and clients love it!
Finally, as we all journey together in our changing times, we are wise to heed Dylan’s advice:
Don’t stand in the doorway
Don’t block up the hall
For he that gets hurt
Will be he who has stalled