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Information Tech and the Future of Government

Interesting talk about the technology revolution’s ability to remake government, from the leader of Britain’s Conservative Party.

What really strikes me looking around the world today is that information technology has remade retail and remade media consumption, but there are still huge industries it hasn’t begun to touch — Finance, Health Care, Energy, Education, and Government. Those also happen to be the more complex and heavily regulated industries — coincidence? For examples, compare Kayak.com to Bankrate.com, and searching for answers on turbotax.com to irs.gov (The IRS doesn’t even bother to define the jargon in its answers, so if you are confused about what a term means, you need to consult an expert).

For those budding entrepreneurs out there, think of ways to remake those industries with good information technology, and you might have a winner on your hands.