The six professions that will disappear from the digital revolution and technology - Technology
The six professions that will disappear from the digital revolution and technology

The six professions that will disappear from the digital revolution and technology

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The more artificial intelligence, the more online services. There are many professional sectors threatened by disappearance due to rapid technological development. Starting with the sharing economy and innovative startups, traditional professions are destined to change or completely disappear.

According to a Financial Times study, some of the most vulnerable professions are: travel agencies, insurance companies, manufacturing industry, financial consultants, and machinery repair shops.

  • Travel agencies

If we were to go now to travel agencies to pronounce a hotel, a travel ticket or a tourist tour, with the creation of different platforms online, this has begun to be avoided. There is enough navigation in the Booking, Expedia, Skyscanner etc. to plan a trip. Studies conducted by the US Bureau of Labor Statistics show that the number of travel agents has dropped from 132,000 in 1990 to 74,000 in 2014. The forecast is that there will be a reduction of up to 12% within 2024. This does not mean a total disappearance of travel agencies, but these agencies need to work hard to walk the steps of the digital world. The agencies that will survive will be those that deal with organizing important trips such as honeymoon, family gatherings, a staff trip, and so on.

  • Industry with 3D printing

3D printers are now turning to the conquering of the manufacturing industry. Companies will no longer need to order the equipment they need, just a design and printing of the printing button will suffice. Such is the case of Bosch, which has stated that it intends to produce, by means of the 3D printer, all the necessary equipment for its products. Within the next 10 years, this company has in the project to print 40% of the components that leads to saving 60% of the cost of production.

  • Insurance of the vehicle

With the addition of autonomous cars there will be a decrease in the number of accidents, as computers respect all the rules on the basis of which they are programmed. There will be no way of avoiding the potholes or passing through the red traffic lights. On the one hand this will be very positive for users, but negative for insurance companies, which with a reduction in risk, will also experience a reduction in policy costs. Insurance polcels will no longer be signed by individuals, but directly from vehicle manufacturing companies and in this case a reduction in demand is expected to be 80% by 2040.

  • Algorithms as financial consultants

Another category directly affected by technology is also financial consultants. Websites circulate different pages, built on algorithms, providing financial services and advice. Already, robotic consultants (platforms) have been set up to monitor the investment portfolio through online questionnaires.

  • Electric cars reduce the work of the officers

The advantages of electric cars have already become popular for everyone. The cost of maintenance is also increased. Electric car users no longer need to turn to the mechanic for machine problems as the parts are very difficult to break. For example, in the case of a Tesla, 18 parts of the machine need to be started, so the mechanics will need to target the development of electronics capacities in order to survive the technology.

  • Use Uber instead of renting cars

In the transport and tourism sector, the car sharing phenomenon and Airbnb are booming, which are the platforms that bring revolution in the way people travel. Prices are lower and the time it takes is shorter: to book a room on Airbnb is enough to click, while if you need a car drive, the driver's application comes in at the moment. The concern of large hotel and car rental companies is more than apparent. Europcar, one of the largest car rental companies in Europe, has launched a number of projects ranging from car sharing to investment in new technologies in order to modify its business model and survive technological change.