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by BrokerChange
5280 days ago
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Farming became obsolete because of economies of scale. Factory work became obsolete because of economies of scale. Manufacturing became obsolete because of economies of scale. What do you think is our generation's economy of scale? I think the near future will involve making it possible for anyone, even those without a technical background, to quickly build beautiful internet products. What do you think is the next big leap? What would make coding obsolete? |
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That being said - retail seems to be our generation's victim. In the last decade, we've replaced media consumables with digital equivalents. This alone has mostly killed music, book, and movie rental stores. It's not just retail stores but retail services - tax prep, insurance, and financial services. Some of this took place in the 90's, but it continued in the 00's and it will continue in the 10's.