#Repost @taalib1961 (@get_repost)
Best post ever from World Star Hip Hop!!
Digitization has changed every social and economic platform, where the alterations have come on quickly. Computerization, digitization, mechanization, & automation has subsequently substituted a number of jobs, most notably cashiers (i.e., McDonald's, CVS, Home Depot, Wal-Mart, Highway Toll booth clerks & etc.), telephone operators (i.e., nearly every business), & bookkeepers (i.e. accountants, financial analysts, journalists, underwriters, insurers, librarians, & etc.). There is even the "Retail Apocolypse":1 out 4 (25%) Malls in the U.S. will be closing in 5 years because of online shopping & mobile payment shopping, putting a number of dept. retailers out of business (i.e., Macy's-closing 100 stores, Sears-closing 150 stores, Kmart-closing 108 stores, Radio Shack-closing 552 stores, J.C. Penny-closing 130-140 stores, Crocs-closing 160 stores, The Limited-closing 250 stores, just to name a few). To varying degrees of complexities, each industry will feel some form of digitization and automation.
The tech disruptions have begun and companies not prepared for adaptation, will be replaced.Technological displacement and disruptions are causing a Gig Economy and Solopreneurship: 17.9 million Solopreneurs (works more than 15 hrs per week) and 12.1 million Side-Giggers (works less than 15 hrs per week). Its been said before that in the: 'Tech Age of Disruption' you have several levels of adaptation:
1)Laggards/ Lazy & ill-equipped
2)Late Majority/ Johnny come latelys
3)Early Majority/ know a few things
4)Early adopters/ hands on & well-informed
5) Innovators / trend setters & principal of creative will
Educate yourself about the 4th Industrial Revolution, because you are living it.
Welcome to the wonderful world of complexities in the 4th Industrial Revolution.
Your economy is still evolving
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