Advertisement
obsolete

From the Herald Sun comes an interesting little tale about soon to be obsolescent jobs:

TAXIS

The emergence of car sharing apps like Uber and Lyft are quickly putting an end to the taxi industry’s cartel-like control over personal transportation.

PARKING INSPECTORS

…self-driving cars don’t need anywhere to park.

While they have been rumoured for years now, driverless cars are a closer reality than ever before. Volvo looks like they’ll be first to the party with the Swedish carmaker on the verge of releasing their first range of autonomous cars.

THE NEWSAGENT

…Today, newsagents have one remaining cash cow — lotteries. With increasing noise from governments that lotto could also be deregulated in the coming few years just as it has in other countries, this may be the last nail in the coffin.

TAILORS

Tailors will no longer be needed if 3D body scanners can take your measurements perfectly and craft something just for you.

Another age-old profession that looks on the verge of obsolescence is that of tailoring.

MORTGAGE ADVISERS

Mortgage advisers are likely to be replaced by digital substitutes. 

…With faster broadband speeds just around the corner, so many of the transactional ‘service’ providers we have become accustomed to dealing with in person will simply no longer be required. Mortgage advisers are far from the first and will certainly not be the last profession to fall victim to this trend.

Notice the link? That’s right, they’re all service industries, the future of Australian employment. The other link is that they are low education roles. Get your kids up the value chain even if the nation won’t.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.