HH 12 Industries That May Not Exist By 2020
Some of these industries, such as paper and home phones, you can guess. But some will surprise you.
The following answers are provided by members of Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.
1. Metropolitan Taxi Systems
The dual driving force of decentralized apps (Uber, Lyft) and self-driving technologies will cause the centralized taxi industry to disintegrate. In just a few short years, Uber has already made a sizable dent in their business and will continue to do so. On the other hand, automated taxis will spread like wildfire once viable. As an NYC resident, all I have to say is good riddance, yellow cabs!
– Brian Honigman, BrianHonigman.com
2. The USPS
Almost all of the processes that used to require a mail response are completely online now, and the USPS today is essentially one big junk mail courier for companies wanting to advertise at a 1.4 percent conversion rate on average. The only spectacular aspect of the USPS is their Media Mail rate, but if the industry was privatized, the price would be just as competitive via the nature of private industry, e.g. UPS (UPS) and Fed-Ex (FDX) .
3. The Paper Industry
The paper industry won’t ever disappear completely, but it will be almost obsolete by 2020 as everything is digitized.
4. Home Phones
I believe home telephones will be obsolete by 2020, if not sooner. Smartphones have outpaced landlines as a far more convenient and necessary form of communication. It’s already very rare to meet someone without a cell phone. We even contemplated this year switching all our office phones to cell phones. (T, VZ, S, TMUS).
Disclosure: This post was originally published on more
hahaha one day Everything will be destroyed from the Creator, so you all must be hold true beliefs and divine text for survival and death. keep trying be happy.
with the advent of internet, offices, supermarkets, banks will turn into mere storage spaces, and peole will work from home,shop from home and bank from home....we have already started!
Some really thought provoking ideas here.
Very good article. While this is certainly all possible, there is the 1 thing that all Americans seem to forget and that is that america is only one country in the world. Written for an American, maybe even European audience yip really possible, but a lot of the world just does not have the infrastructure for this to happen.
Excellent point.
Sd cards would be available for cloud storage is not reliable as it is.
Then you are using the wrong cloud provider. But if you want your privacy and/or concerned about being hacked (remember all those "private" celebrity photos that were released recently?), then physical storage is the way to go.
God knows...Crisis comes near.
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