VineyIsLORD
Norm Smith Medallist
- May 6, 2016
- 5,437
- 5,362
- AFL Club
- Melbourne
- Banned
- #226
He is actually spot on, this is a natural progression with advancements in IT. Look at the present to say mid 90s, I'm interested in a house I take a virtual glance online, already reduced input from the real estate agent (not the company), I need to do some DIY I hit up tutorials on YouTube, tradies not needed unless especially complex (I actually do this as I'm s**t with my hands and anything carpentry based) same with basic car repairs, when I travel I book online and check in online, there's two roles right there gone.
VineyIsLORD is bang on in about 5 pushing 10 years time. It will be a drastically different landscape.
I also wonder how this will impact the BRIC.
China and India particularly benefited hugely from outsourcing of IT function from the West. They now have a very large share of the intellectual capital in that industry and are well placed to be at the forefront of automation.
But a lot of their low level service industry that helped them establish a middle class are at risk and they dont have the socialist programs available to support hundreds of millions being out of work...
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