Who out there grew up singing “I don’t wanna grow up, I’m a Toys R us kid”?
I recently learned that the iconic toy store has filed chapter 7 bankruptcy. Massive debt is the problem and observers cite the reason as Amazon and Walmart.
I was talking to a local, well-known realtor the other day and she mentioned that she is looking for a new career as some of the on-line real estate listing entities have figured out a way to circumvent real estate agents and it’s catching on. . . Apps replacing professionals.
I’m glad I never invested in that Taxi cab company as the often under regulated “app based” car services are gaining momentum while their taxi medallions become useless.
People have always said that funeral homes are “recession proof,” yet rarely a day goes by that a funeral home doesn’t close it’s doors somewhere in the US.
I never realized how often I picked up stuff at Radio Shack, until it wasn’t there any longer.
What happens when apps replace people? Below is a graph I found on-line, predicting automation.
We have all this “progress”, but what happens to all the folks who are losing their jobs?
My guess is that there are countless more examples. Please share in comments if you know of others.