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The Coming Death of Paper as an Information Storage Medium

March 7, 2008
by Alex Iskold
Blogger, ReadWriteWeb

Alex Iskold

The other day I was sitting in the bank watching a clerk copy information off a paper bank transfer to initiate a new wire transfer. Being a busy person I hate inefficiencies, and this was just plain bad. When I asked why the bank didn’t use an electronic copy to speed up the process, the clerk replied that using an electronic copy can create mistakes and cause liability for the bank. In the same way that people are mistrustful of electronic elections, they believe that a human being copying from a piece of paper is less prone to make mistakes than doing the same thing electronically. I smiled when I heard that, because I know it isn’t going to last.

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