75 Comments
 

Big facts. Glad I recognized the shift as I was entering college, would have been a solid gig 35 years ago, but I can't complain

Cultivating mass and wealth since '95
 

The scans may be objective but interpreting them is subjective. Doubt AI will advance enough in 10 years to put radiologists out of business.

 

I read more and more articles about longhand/cursive writing not being as emphasized in grade school these days.

New York State's Depart. of Ed. doesn't require cursive instruction at all and lots more school curriculums are actually focusing on teaching typing instead.

Between texting apps, email and digital signatures, it's quite likely that longhand/cursive handwriting could die out if more states follow that particular trend.

Add that to the online banking and various payment apps, I'm thinking paper check-writing will die off eventually as well.

 
Most Helpful

Here's a spooky one: truck drivers.

As soon as self-driving big rigs hit the road, we're going to see a huge upset in a major employment sector in our economy. How can our 50,000 truck drivers compete with a robot who can drive 24/7 and never get tired, never complain, never let some product "fall off the back"?

And then what happens to the small towns that relied on truck drivers to fill their hotels and eat at their diners? Look at what happened to all the now-dead towns along the old Route 66 when that highway died. Imagine that on a nationwide scale.

Here's a more "what if" one - but car dealerships. It's possible that self-driving cars plus car services like uber and lyft could further depress the demand for new cars, much the same way that longer lasting cars have resulted in slower car sales (remember, 40 years ago, it was considered a miracle if your car made it to 100k miles. Now it's standard to drive them to 250k unless you're driving a Yugo or a Daewoo). But when I can call a car to me whenever I want, have it autonomously drive itself to me, and then drive me to my location (creating a "mobile office" like environment for me to work while it drives), then why would I ever want to buy a new car? With the end of private car ownership, you lose dealerships, you lose service centers, you lose all those after-market places that sell 40'' rims and 180 dB speaker systems. This will upset everything.

 

I imagine it will also make longer commute distances more tolerable for a few reasons. There should be less traffic. More people will likely be able to keep working during your commute. Parents won't need to plan time to pick kids up. Delivery services will become cheaper and more on demand (grocery shopping, dry cleaning, take out) freeing up additional time.

 
"Spin Control" To take it a step further, what I always hear is that self driving cars will impact real-estate planning. Once they become commonplace, and private car ownership is significantly down, houses will no longer need to be built with garages, businesses won't need to have such a large footprint parking structure, etc.

I get the cars per person may drop, but we still gotta store these cars. Maybe start opening up car storage caverns that deploy based of an app, with an ETA and everything in between.

 

It's really interesting to think about how technology is affecting real estate. AirBnB fucked over hotels, one could argue Uber / driverless cars could wipe parking lots and car ownership. Traditional retail by e-commerce.

 
"lapike" Here's a spooky one: truck drivers.

As soon as self-driving big rigs hit the road, we're going to see a huge upset in a major employment sector in our economy. How can our 50,000 truck drivers compete with a robot who can drive 24/7 and never get tired, never complain, never let some product "fall off the back"?

And then what happens to the small towns that relied on truck drivers to fill their hotels and eat at their diners? Look at what happened to all the now-dead towns along the old Route 66 when that highway died. Imagine that on a nationwide scale.

Here's a more "what if" one - but car dealerships. It's possible that self-driving cars plus car services like uber and lyft could further depress the demand for new cars, much the same way that longer lasting cars have resulted in slower car sales (remember, 40 years ago, it was considered a miracle if your car made it to 100k miles. Now it's standard to drive them to 250k unless you're driving a Yugo or a Daewoo). But when I can call a car to me whenever I want, have it autonomously drive itself to me, and then drive me to my location (creating a "mobile office" like environment for me to work while it drives), then why would I ever want to buy a new car? With the end of private car ownership, you lose dealerships, you lose service centers, you lose all those after-market places that sell 40'' rims and 180 dB speaker systems. This will upset everything.

Long haul truck drivers may be eliminated, but even that is a stretch as the 'last mile' will still be human. My dad owns a regional logistics firm that also has cross country capability and he has been drooling for this technology for years, but also understands the limitations such as navigating in incredibly tight spaces/locations. He envisions the creation of an additional stop when performing cross country trips to offload product/goods to a human driver to then be taken to the destination. Don't expect to see robotic 18 wheelers in NYC

 

You're completely correct. I believe this will result in severe industry headcount reduction regardless, though.

 

Why would that not be left to the drones?

Sure maybe massive items that are heavy, but Amazon, food, etc I don't see how drone tech coupled with self driving could not impact a majority of trucking.

"Link_REDev"
"lapike" Here's a spooky one: truck drivers.

As soon as self-driving big rigs hit the road, we're going to see a huge upset in a major employment sector in our economy. How can our 50,000 truck drivers compete with a robot who can drive 24/7 and never get tired, never complain, never let some product "fall off the back"?

And then what happens to the small towns that relied on truck drivers to fill their hotels and eat at their diners? Look at what happened to all the now-dead towns along the old Route 66 when that highway died. Imagine that on a nationwide scale.

Here's a more "what if" one - but car dealerships. It's possible that self-driving cars plus car services like uber and lyft could further depress the demand for new cars, much the same way that longer lasting cars have resulted in slower car sales (remember, 40 years ago, it was considered a miracle if your car made it to 100k miles. Now it's standard to drive them to 250k unless you're driving a Yugo or a Daewoo). But when I can call a car to me whenever I want, have it autonomously drive itself to me, and then drive me to my location (creating a "mobile office" like environment for me to work while it drives), then why would I ever want to buy a new car? With the end of private car ownership, you lose dealerships, you lose service centers, you lose all those after-market places that sell 40'' rims and 180 dB speaker systems. This will upset everything.

Long haul truck drivers may be eliminated, but even that is a stretch as the 'last mile' will still be human. My dad owns a regional logistics firm that also has cross country capability and he has been drooling for this technology for years, but also understands the limitations such as navigating in incredibly tight spaces/locations. He envisions the creation of an additional stop when performing cross country trips to offload product/goods to a human driver to then be taken to the destination. Don't expect to see robotic 18 wheelers in NYC

If the glove don't fit, you must acquit!
 

I think a large part of the auto industry may suffer but you'll still have collectors/car fans/sports car drivers. Sure they'll be a small thing but cars have an appeal besides their function similar to watches - people thought digital watches (and now smart watches) would make the mechanical watch industry obsolete but it's doing pretty well because people have evolved to want watches as more than just things to tell the time.

 

This may be a contrarian POV but I think the appeal of personal automobiles goes beyond utility and into economy, luxury, customization, etc. The urban middle class market for automobiles may hollow out in time, but Uber hasn't exactly made it cheaper to get around. I think long term on the road will have a lot of poorer people driving their own cars (economical) and upper class enthusiasts (i.e. market for Bugattis won't dramatically change).

Since the lower class represents the vast majority of people on the road, I am shorting the idea of a near to medium-term driverless future. It might just be my LA perspective but that's the way I see it. I'm hoping driver assist technology makes the road safer, but I won't hold my breath for the next 10 years.

Be excellent to each other, and party on, dudes.
 
"Synergy_or_Syzygy" This may be a contrarian POV but I think the appeal of personal automobiles goes beyond utility and into economy, luxury, customization, etc. The urban middle class market for automobiles may hollow out in time, but Uber hasn't exactly made it cheaper to get around. I think long term on the road will have a lot of poorer people driving their own cars (economical) and upper class enthusiasts (i.e. market for Bugattis won't dramatically change).

Since the lower class represents the vast majority of people on the road, I am shorting the idea of a near to medium-term driverless future. It might just be my LA perspective but that's the way I see it. I'm hoping driver assist technology makes the road safer, but I won't hold my breath for the next 10 years.

That's not the vision of the autonomous car industry--that it's an upper-class business model. Their vision is to get autonomous rides to well under $1 per mile. Musk--notoriously optimistic as he is--thinks it can be done for 20-25 cents per mile. Granted, I'm no expert, but I've also back-of-the-enveloped to similar numbers when running an analysis.

Array
 

I think under this scenario Mercedes does better than the others. I think the upper market would see a lot of customization and the rich will buy their own self driving cars. But the middle class will find it’s cheaper to use Uber/Lyft.

I also wouldn’t be shocked if Uber goes bankrupt. Not a big believer they have an real edge in the autonomous car environment. Autonomous cars should make it easier for competitors to enter the market as the hard part of building a driver force is eliminated. You basically just need to have enough cars that you can get one to someone in 3 minutes. Which means the margins on the guy who built the software will not be that great.

It’s like google. They have a lock on the market but we don’t pay google anything. If google charged a quarter a search and yahoo charged 20 cents then everyone would go to yahoo. Should be brutal price wars in that business. I think it will be fairly easy for 30 competitors to spring up with a 5000 cars each roaming thru a city like Chicago.

 

I fear that autonomous driving is an industry that is just waiting to get over regulated by the government to the point of implausibility or extinction. Can it work? Absolutely.

However, will it survive after the first autonomous 18-wheeler slams into a school bus full of kids prior to the technology being perfected? That's an entirely different political and non-technological question.

 

The abundance of soda and juice as we see it today. It's going to be way reduced in sugar, and the ones that go full sugar are going to have warning labels on them like cigarettes.

 

People think this is funny, but sexbot brothels are already operating (and thriving) in Europe...

Also, virtual reality 'sex' is going to change the relations between men and women in a big way, teenage men may never see the need to talk to women and thus never develop the social skills to do so (the end of the human race?). I can see a really good plot to a sci-fi movie here.

 

There are some arguments to be made in favor of paralegals and bookkeepers being automated. I don't see these positions going away - just that there will be fewer, and those jobs in the future will require the operation of more sophisticated tools of automation.

Array
 
"m_1" Paralegals/book keepers/anyone that does white collar work that's easy to automate like the above. Hell, we even use AI to automate our CS for our portfolio companies which meant 1 human now does the work of 3 or 4 people...

LOL. Paralegals aren't going anywhere. Any honest lawyer (ok, lol) will tell you that their paralegals do most of the real, actual work. Paralegals are like nurses--they do almost all of the real work but get paid a fraction of what their boss gets paid--in other words, they are the perfect employee.

Array
 

Elon Musk’s Neuralink technology, linking our minds to the Internet, will make pulling out your phone, to look up how to do something, or to look up a statistic, or use a calculator, a thing of the past for the rich people that’ll be able to afford it.

 

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Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 

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