November 2016: Falling in Love with Julia

I remember buying my first cell phone back in 1994. It was a trusty old Siemens— yes, Siemens did make phones once upon a time, and yes, this phone was the epitome of a first-generation cell phone: large clunky numbers; a matchbox-size, luminous green screen; and the weight of a house brick. But boy, I loved that phone, even though initially it turned out to be a pointless acquisition. You see, cellular technology was in its nascence back in South Africa more than two decades ago and no one had my number. In fact no one else even had a phone. To say that my phone didn’t ring for the first three months is no exaggeration — it literally lay silent, except for when I phoned it periodically from my landline to ensure that I hadn’t bought a dud. Also, calls between cell phones and from landlines to cell phones were prohibitively expensive. And so, naturally, adoption was slow.
The Viber app is a similar story. Like WhatsApp, it was released in 2010, and featured arguably better functionality — it supported video calls for example — but for some reason WhatsApp became the communication app of choice in the UK, and by so doing relegated text messages (SMSs) to the scrapheap of history. Maybe it has something to do with WhatsApp being born in California, while Viber’s roots are in Tel Aviv, although I doubt whether consumers these days really care about where a technology is developed. I don’t know of a single friend of mine in the UK or South Africa who doesn’t use WhatsApp. Even my Mum uses it! Anyway, whatever the reason, Viber wasn’t able to establish a critical mass of support, while WhatsApp did, culminating in its acquisition by Facebook in February 2014 for just under $20 billion.
Which brings me to Julia and Anthony Malakian’s outstanding feature about this nascent programming language. That Julia has a bright future is without doubt — our industry will absolutely fall in love with it (her). However, the more pertinent question on everyone’s lips right now is when Julia’s support will reach a critical mass, and the extent of that love affair. Will it be a secret liaison conducted discretely behind closed doors, or will it be played out in front of the world’s media? Perhaps, for the time being, it will be the former, until her proponents are able to offer the same depth and breadth of support and ancillary services enjoyed by the industry’s most popular programming languages.
As Tony concludes in his feature, “it takes a village to raise a child.” And while Julia’s community might not yet resemble a fully fledged village, it certainly features a cluster of dwellings that might, in some circles, qualify as a growing hamlet.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Agentic AI takes center stage, bank tech projects, new funding rounds and more
The Waters Cooler: SEC hack investigation, FCA–Nvidia partnership, LTX BondGPT upgrade, and CDO problems are also in this week’s news round-up.
Waters Wavelength Ep. 321: AccessFintech’s Par Cassells
This week, Par Cassells joins Nyela to discuss shorter settlement cycles and the role of vendors in the transition.
Perceive, reason, act: Agentic AI, graph tech used to assess risk
Industry executive Jay Krish is experimenting with large language models to help PMs monitor for risk.
BNY standardizes internal controls around data, AI
The bank has rolled out an internal enterprise AI platform, invested in specialized infrastructure, and strengthened data quality over the last year.
NY Fed Home Loans Bank spurns multi-cloud model
The cost and complexity of diversifying away from the big three providers outweighs concentration risks.
Citi close to launching GenAI investment tools
The new tech will be used to improve investment recommendations and increase cross-selling opportunities.
Overnight trading, a new dealer-to-client credit biz, so much AI, and more
The Waters Cooler: TP Icap acquires Neptune, Sterling launches overnight trading, and Thoma Bravo gets billions from investors in this week’s news round-up.
First Citizens used AI to retain SVB customers
The firm’s retention efforts involved using AI to monitor customer behavior and sentiment—including profanities.