Keep Up or Keep Out: How Technology is Phasing Some Businesses Out

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Keep Up or Keep Out: How Technology is Phasing Some Businesses Out

Some of the industries and job positions that are currently at risk of tech disruption, caused by evolution in software, programs, and devices include:

Translation Services – with more specific AI learning, and programs available by default on phones and search engines, people are more accurately being able to translate between various languages, and translation services are less used.

Print Media – Between sustainable goals, and digital output, there is less demand for printed materials, which has impacted many news outlets and some smaller book publishers.

Recruiters – With platforms online dedicated to job searching, and the ability to advertise yourself, there has been a reduction in the number of people looking for recruiters to help them manage their career or move on to new employment.

Hotel Services – The ability to book online was one of the biggest changes to the hospitality industry when first introduced, but now these digital booking platforms are being challenged by other online services, such as AirBnb, where regular people can rent out rooms or properties for short-term stays, and are a direct challenge to hotels, B&Bs and motels.

Manufacturing – Changes in manufacturing always bring new variants and ideas, but with the advent of 3D printing, there has been a huge swing towards the process, with the flexibility and customisability of the process, and the cheaper development costs.
This has also impacted the assembly line, with diminished logistics and inventory management requirements, and with industrial robots being able to take on repetitive processes, the human worker role is being reduced.

Cashiers – There have been self-checkout services for some time now, but as technology continues to develop, with computerised services, phone integration, and facial recognition programs allowing for purchase without interaction, the role of the cashier is in danger of disappearing.

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There has to be a careful approach to technological advancement, it’s all well and good to make things cheaper and easier, but if too many jobs are lost, with no others available to replace them, then people won’t have the money to buy the products, even if they are cheaper.

There has to be a balance between human needs and technology, in order to make a job successful, fulfilling, and useful; but it does need to come in line with tech improvements – technology is phasing some businesses out and those businesses and industries who aren’t keeping up with technological advancement will find themselves struggling to not only get their products out on to the market, but to attract an audience as well.

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