As technology rapidly evolves, some industries may be on their way out as automation, artificial intelligence (AI), and changing consumer habits are transforming the landscape.
With this, many sectors will need to adapt or face extinction.
Here’s a look at eight industries that might not exist in their current form within the next 10 years:
Physical Retail Stores
The shift to online shopping has put pressure on physical stores, and this trend shows no sign of slowing down. E-commerce giants like Amazon and Alibaba offer unmatched convenience, prices, and product availability, driving shoppers online.
While physical stores won’t vanish overnight, many retail outlets could close in the coming years, especially in sectors like fashion, books, electronics, and even groceries. The future of shopping may be largely digital, with only specialty or experience-focused stores surviving.
Travel Agencies
Remember when you used to visit a travel agent to book your vacation? Thanks to some designated online platforms, those days are mostly over. Nowadays, people can plan and book trips themselves using AI-powered tools and apps that offer personalised recommendations. While some specialty travel agencies may stick around, the traditional travel agency model is quickly fading.
Newspaper and Magazine Publishing
Print journalism has been on a slow decline for years as readers shift to digital platforms. Many people no longer buy physical newspapers or magazines when they can get the latest news online for free.
Though some publications may survive in digital form, the print versions of most newspapers and magazines could become a thing of the past in the next decade.
Delivery and Taxi Drivers
Autonomous vehicles are on the rise, and that could mean big changes for delivery and taxi drivers. Companies like Tesla, Uber, and Waymo are leading the charge with self-driving cars, trucks, and drones. These vehicles could soon replace the need for human drivers in deliveries and transportation. While humans might still oversee the process, the need for drivers could really reduce in the near future.
Data Entry
Data entry jobs are being taken over by AI and machine learning systems that can process information much faster and more accurately than humans. Businesses are moving toward automation for tasks like data entry to save time and money. While some specialised roles may still exist, low-level data entry positions are likely to disappear in favour of more efficient automated systems.
Coal Energy and Mining
With the world increasingly focused on clean and renewable energy, the coal industry is in steep decline. Countries are transitioning to solar, wind, and nuclear power to reduce carbon emissions and combat climate change. As these sustainable energy solutions become more widespread, the coal industry could fade into history, replaced by greener alternatives.
Low-End Customer Support
Customer support is already being transformed by chatbots and virtual assistants like Alexa and Google Assistant. These AI-powered tools handle routine customer inquiries and troubleshoot common problems without the need for human intervention.
As these technologies improve, the demand for low-level customer service jobs will likely decline, leaving only more complex cases for humans to manage.
Low-End Legal Research
The legal field is feeling the impact of AI, too. Tools like ROSS Intelligence and LexisNexis are revolutionising legal research by analysing thousands of documents and cases in seconds. This cuts down on the need for junior researchers and paralegals to sift through paperwork. As these AI tools become more advanced, many of the routine research tasks will be fully automated, reducing the need for human researchers in the legal industry.
The post 8 industries that may disappear in the next decade appeared first on DNewsInfo
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