Two years ago, I attended a seminar by an investment manager. He talked about driverless cars, the advancements of artificial intelligence which would replace both white collar and blue collar jobs and that the oil giants were beginning to diversify as they could see a diminishing market for petrochemicals. His focus was on the changing world and where the best future returns for pension fund investments may lie.

Since then, we have seen car manufacturers announcing a move to electric-only production and governments setting targets for phasing out petrol and diesel car sales completely. We have seen an increase in remote surgery through the use of robotics by doctors, the continued drive for self-service through user-friendly technology and the expansion of internet, rather than traditional local shop-based trading.