The World Shifting Changes Headed Your Way – Part 1

eCommerce Fuel - A podcast by Andrew Youderian | e-Commerce Entrepreneur - Fridays

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Bill and Andrew pull out their crystal balls to peer into the future and predict how technology will usher in massive shifts in the economy. These shifts may be 5 - 20 or more years away, but they can potentially have a huge impact on your business. From self-driving cars to negative interest rates, large pools of employment sectors could face the chopping block as our society embraces the next generation of technological advances. Tune in to join the conversation so you can prepare your business for a future that may already be upon us in this two part series. Subscribe:  iTunes | Stitcher (With your host Andrew Youderian of eCommerceFuel.com and Bill D'Alessandro of Rebel CEO.) Andrew: Welcome to the eCommerceFuel podcast, the show dedicated to helping high six and seven-figure entrepreneurs build amazing online companies and incredible lives. I'm your host and fellow ecommerce entrepreneur, Andrew Youderian. Hey guys, it's Andrew here and welcome to the eCommerceFuel podcast. Thanks so much for tuning in today's episode. Today on the show, gonna be...do something a little bit different. Obviously, we focus on ecommerce and business here but from time to time, like to mix things up, and want to talk about massive world shifting changes headed your way from kind of a macrolevel, both because it's an interesting to talk about and also potentially because, you know, could have an impact on your business. So here to kinda peer into the crystal ball with me, mister Bill D'Alessandro. Bill, how you doing buddy? Bill: I'm doing very well and I did bring my crystal ball today. I'm excited. Andrew: Oh yeah, you got one of those crystal ball, or are we talking, like, the magic eight ball you shake and look into it? Bill: Yup, yup, exactly. After every question you ask me, I'm just gonna tell you what the eight ball says. Andrew: It's interesting, the original notes that we put together here, we had to par down because we had so many different things that we're like, "This is gonna be, like, an hour and a half discussion." Not that that necessarily means that we'd be any more accurate. I don't know, I think it's pretty safe to say, maybe everyone throughout history's already said this, but I feel like there's like a lotta change on the horizon. Bill: I think there is too and the topics you have picked for us today are all topics upon which I have very strong opinions. So this should be a good, good episode. Andrew: And there's a couple that I thought we'd be in agreement on and was not the case. So hopefully we can keep it civil for people, what do you think? Bill: I think we can try, yes. We're just screaming at each other by the end. Robots Will Run the World Andrew: Yeah. All right, let's dive into it. So Bill, the first prediction that we have, thing that's coming, and I'm gonna break these down into things that are coming and things that are disappearing in terms of massive shifts and kinda the world in general. And the first one is a pretty broad category and it encompassed a lot things that I thought about, that you thought about, and we kinda talked about it. It's really what I'm gonna call it, the robot in AI revolution in terms of just robots, but smart computers, so much automation. Automation has been a big part of the last, you know, 100 years one way or another, but just the rate at which it's gonna accelerate, the rate at which it's going to really make a lot of jobs and occupations that we have now completely unfeasible. It's got some really huge implications on in terms of just the convenience side of things, the efficiency side, but also in terms of social aspects of what do you do in a world where, you know, a good percentage of people, they don't have the skills to be meaningfully employed. So that's kind of a high level thing, a lot that we can unpack about that,