The Job Market Is On The Verge Of A MASSIVE Change | Summary and Q&A

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April 13, 2018
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Minority Mindset
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The Job Market Is On The Verge Of A MASSIVE Change

TL;DR

Technology is advancing at an unprecedented rate, leading to changes in the job market and economy. Entrepreneurs have exciting opportunities, while many traditional jobs may become obsolete.

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Questions & Answers

Q: How is Amazon revolutionizing the delivery industry?

Amazon is working on Amazon Prime Air, which uses drones to deliver packages. These drones can react to sounds and gestures, potentially eliminating the need for delivery personnel.

Q: What impact do robots have on the fast-food industry?

Companies like Cali Burger have turned to robots, such as "Flippy," to handle tasks like burger flipping. This addresses issues with employee turnover, high costs, and working conditions.

Q: How do cashier-less stores work, and who is implementing this technology?

With fully automated stores, shoppers sync their phones to the shopping cart, and their credit card is charged for their purchases as they walk out. Amazon and Walmart are among the pioneers, with plans to expand this technology to hundreds of their stores.

Q: How are 3D printing and automation affecting the construction industry?

Companies like Passive Dom are using 3D printing to create smart homes that are affordable, eco-friendly, and quick to construct. These homes offer reduced labor costs and have gained popularity worldwide.

Summary & Key Takeaways

  • Technology is evolving rapidly, with innovations like drone delivery and cashier-less stores changing the way we shop.

  • Robots are becoming more prevalent in the job market, taking on tasks that humans find monotonous or exhausting, such as burger flipping.

  • 3D printing is revolutionizing the construction industry, allowing for the quick and affordable construction of sustainable homes.

  • Self-driving cars are on the horizon, with Uber and Lyft already investing in fleet replacements and even pizza delivery.

  • The job market will shift towards a need for thinkers, creatives, and entrepreneurs who can provide unique experiences and offer skills that robots cannot.

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