Robotization and artificial intelligence?

Bots, software, robotic factories are replacing employees. For example, in the Chinese Foxcon (an electronics manufacturer and subcontractor to Apple . Among others), it is predicted that up to 30% of employees will soon be replaced by robots.

Thanks to the lowered entry threshold, there is no consolidation in industries, but fragmentation. A whole host of companies are emerging that are too small to generate sufficient revenues that could generate high-paying jobs. At the same time . These companies are trying to enter the market with one criterion that is possible in their case, they offer a lower price.

Hyper-competition is emerging in almost every business sector.

This is good for the consumer, but it is definitely destructive for business. It is extremely difficult to compete when the profit margin is getting smaller russia telegram data and smaller, for example, thanks to price comparison sites . Which practically deprive many entrepreneurs of the chance to make a decent profit.

Thanks to the development of the e-commerce industry, local companies often have to compete with companies located thousands of kilometres away.
An unstable labor market will provide an increasingly low sense of job security, which may make it difficult to obtain housing loans. As we know, the construction industry is the driving force of the economy . Dut without demand it may stall.
The increasing virtualization of life may India’s apparel exports – an overview cause various kinds of social disorders , in which people will isolate themselves more and more from the real world .
Tempted by options that will provide them with a level of entertainment and experiences that they will not be able to compensate for outside the virtual world. In other words: nothing will be as perfect as VR.
It may happen that future generations will be physically weaker than their predecessors due to a very sedentary lifestyle. You don’t need to do research not to notice that children growing up today are already becoming overly dependent on digital devices and the stimuli they generate.
Perhaps it is not without reason that there are schools in Silicon Valley whose curriculum excludes digital tools. The children of startup owners and employees of these startups who can afford it .

Employees in the technology or internet industry think that everyone understands what technology is and how to use it . Dut many asia email list more people cannot keep up with its development.
This means that at some point the requirements of the labor market significantly exceed the knowledge and skills of job seekers. There is no interview with any CEO who does not draw attention to the mismatch between the level of education and the level of skills of job seekers.

It is extremely difficult to assess what path of development to choose for yourself in an environment that constantly exerts pressure to replace what you are gaining through such toil as your competence.
Even if we talk about automating professions such as lawyer or accountant . How should a person feel whose educational profile is as vague as . For example . A representative of humanities.