11 Industries Facing Massive Disruption
Valuetainment
1. Restaurants
Can definitely see this happening. Just like you can call an Uber, you'll be able to call a Chef that will come over to your house and cook whatever type of food you want. That would be pretty cool thing to invest in - chefs who go to other people's houses and cook a nice dinner.
2. Movie Theaters
You've already started to see the trend of people not wanting to go to the movies. Many people wait for it come out on "On Demand" or watch Netflix, YouTube, or Hulu.
3. Telecommunications
Facebook Messager, Twitter or Instagram DMs serve the same purpose. Direct messaging. Seriously, I ask myself this question all the time "why do I have a phone number? I don't answer it anyway."
4. Cars
True. Cars are a depreciating asset. Once it's taken off the lot it's now a pre-owned car and its value drops instantly. Plus with there being less and less parking, it's more cost effective to take an Uber or a Lyft.
5. Wallets
Once the DMV makes an App for ID cards and licenses, it's going to be pointless to carry around a wallet anymore. Seriously, go through your current wallet - and I say wallet, not purse - and see how many things you actually need. Pretty sure the license or state ID card would be the only necessity. The use of cash is limited these days, and credit cards and insurance cards can be moved to an App.
Once the DMV makes an App for ID cards and licenses, it's going to be pointless to carry around a wallet anymore. Seriously, go through your current wallet - and I say wallet, not purse - and see how many things you actually need. Pretty sure the license or state ID card would be the only necessity. The use of cash is limited these days, and credit cards and insurance cards can be moved to an App.
6. Retailers
How many times have you gone to a "brick and mortar" store like Best Buy, Walmart, Target to look at something, only to go home and order it on Amazon that night? Don't act like you haven't done it before.
How many times have you gone to a "brick and mortar" store like Best Buy, Walmart, Target to look at something, only to go home and order it on Amazon that night? Don't act like you haven't done it before.
7. Insurance
8. Traditional Journalism
It's been happening for awhile. Think about how successful a "Deadspin" or "Barstool Sports" have become. Those outlets have become just as big breaking news as some of the major news outlets. In the age of social media, networking, blogging, and vlogging, it doesn't take much to get your ideas and opinion out there. In today's world, you are you're own media source, so start marketing and branding yourself.
9. College Sports
Once again already starting to see this happen. Athletics is the front porch of college campus, but the current trend in higher education is there are lower numbers of students going to college. Those students who are going to college are either going to 1. larger institutions, 2. state schools, or 3. a combination of both. The small schools are folding faster and faster (i.e. Dowling, Daniel Webster, Wheelock, Mount Ida). However, I highly disagree that LaVar Ball's method is truly going to be the feeder for the professional leagues. His method sounds like one big AAU program and I don't believe parents are going to trust their children to a guy like LaVar Ball.
10. Gas Stations
11. Politics
Maybe not in the next election, but in 2024 (unless you all want to vote for me in 2020) we will see a 35-year-old president. Mark Zuckerberg?
No comments:
Post a Comment