The hardest phenomenon to predict is the future, especially if you’re still struggling to figure out what’s happening in today’s economy.
Years back, seminal inventions, such as the automobile, the Internet, and the smartphone, were all regarded with high degrees of skepticism when first introduced.
Equally important, the impact is not only cultural but economic as well. The automobile gave rise to a global network of small businesses, such as parts makers, dealerships, and service centers.
The Internet has spawned a ipnuippnupati.id host of online companies, many of which, such as Amazon.com and eBay.com, have grown from small operations to very large ones indeed. So what are the small businesses of the future, and where will we find them?
The fields of energy and clean tech seem to be among the ripest areas for growth, as do nanotechnology, entertainment, and the growing demands of adapting the planet to accommodate its burgeoning population–even if they might strike some of us now as being a bit far-fetched.
There’s no telling what the future of business holds but there are some emerging industries that are going to blow up in the next few decades.
1. Virtual Reality
The emergence of commercial VR technologies has led to an increase in innovation, with a wide range of businesses looking for Virtual Reality opportunities in 2023 and beyond. This is exactly how it will impact the future.
Currently, we see something like 16 percent of occupations been automated—and there would be impact and dislocation as a result of these technologies in the world of work. Artificial Intelligence, spatial computing (augmented and virtual reality), brain-computer interfaces, are all set to substitute labor or complement it in some way.
How Will VR Create Jobs and Business Opportunities?
People often relate VR to gaming and headsets. However, VR is one technology, which has a real business value as well. Today, more and more businesses are coming with newer and innovative techniques to incorporate VR into their routine business processes and are trying to make their operations more productive and efficient.
Virtual reality (VR) has largely rolled out as an entertainment technology, but the (actual) reality is that VR also boasts serious business capabilities. It can be used to test-drive a product or boost customer loyalty. Virtual Reality is especially effective when it comes to cultivating a rich consumer experience and marketing your products and services.
Fast Growing Occupations Virtual Reality Will Create
These are the jobs and businesses that will come out of the virtual reality industry.
- Hologram Stylist
- Virtual Couture Designer
- Autonomous Car Licensed Specialist
- Augmented Reality Life Designer
- B2R2C Marketing Manager: In the not so distant future, B2R2C marketing managers will reach customers through robots. B2R2C marketing managers will do this by cultivating relationships with robot gatekeepers
- Personal Brain Trainer: This person will help people with disabilities or unique brain challenges to learn and use brain-computer interfaces to help them lead their preferred life.
- Chief Empathy Officer
Industries Declining Because of VR
Computers need not replace humans, but they can instead train humans wherever their work takes them. These are industries that will decline or modify because of virtual reality
- Typist
- Information gathering, analysts, and researchers
- Pilots: The United States Military is already using autonomous drones that conduct surveillance and even attack without the assistance of humans. There are already companies looking into replacing their fleet of pilots with computer-assisted pilots that could be remotely aided by a few pilots if needed.
- Stock traders: Today’s stock market is full of computers that buy and sell stocks online, replacing many of the stock trader jobs that used to exist.
- Postal workers: Postal workers who sorted mail in the past were replaced by automatic sorting machines that read and sort mail faster, cheaper, and all day.
- Bus drivers, taxi drivers, and truck drivers: Self-driving cars are becoming more of a reality. With technologies already used today, like assisted driving in Tesla cars and automated Uber test cars, more companies and services are beginning to use this technology.
- Phone operators, telemarketers, and receptionists: As voice recognition and speech synthesis become more advanced, it gets easier for companies to implement these systems and harder for people to know if they’re talking to a human.
- Cashiers: Self-checkout lines are already found in most grocery stores today.
- Packing, stockroom, and warehouse moving: Robots controlled by computers are replacing jobs that involve packing or moving of goods.
- Prescription: Many pharmacies are replacing their pharmacy technicians with robots capable of separating and handling prescriptions for their customers.
2. Artificial Intelligence
Artificial intelligence is a broad and general term that refers to any type of computer software that engages in human-like activities, including learning, planning and problem-solving. Artificial intelligence today is properly known as narrow AI (or weak AI), in that it is designed to perform a narrow task (e.g. only facial recognition or only internet searches or only driving a car).
However, the long-term goal of many researchers is to create general AI (AGI or strong AI). While narrow AI may outperform humans at whatever its specific task is, like playing chess or solving equations, AGI would outperform humans at nearly every cognitive task.
How will AI Create Jobs and Business Opportunities?
Although artificial intelligence is adept at processing and analyzing troves of data far more quickly than a human brain could. In this way, humans can use artificial intelligence to help game out possible consequences of each action and streamline the decision-making process.
Fast Growing Occupations AI Will Create
Artificial Intelligence or AI career opportunities have escalated recently due to its surging demands in industries. The hype that AI will create tons of jobs is justifiable. A career in AI looks more promising than any other jobs available these days. These occupations are set to fly soon;
3. Home & Office Cleaning Robots
The robot vacuum cleaners market is expected to register a CAGR of 13% during the forecast period, 2022 – 2026. The International Federation of Robotics (IFR) estimates that 31 million household robots to be sold between 2016 and 2019, and out of which 96% of which will be vacuum and floor cleaning robots. This is encouraging companies to invest in the market.
One of the major factors driving the deployment of the robot vacuum cleaner is the highest number of occupational injuries being recorded in the janitorial industry.
Statistics from the Bureau of Labor Statistics indicate that there are 2,384,600 building janitors and cleaners. Companies are spending about USD 60 billion on average annually. The factors like these are boosting the demand for robots vacuum cleaners.
4. Automated Digital Marketing
Surveys have shown that 80% of businesses want chatbots in 2020, and by 2022, chatbots will help businesses save $8 billion every year. Although the job risk estimates vary, economists agree that automation and artificial intelligence technologies will continue to transform the nature of work.
Some workers will lose their jobs to automation, others will get new jobs, and many will need to acquire new skills to transition across occupations.
5. Remote Working
The percentage of workers permanently working from home is expected to double in 2023, according to a survey from Enterprise Technology Research (ETR). The world witnessed a historic shift in the 2020 job market due to the Covid-19 pandemic.
While some companies used to offer the ability to work from home as a perk, it has now become the norm for most businesses. By 2025, an estimated 70% of the workforce will be working remotely at least five days a month. Many companies are also planning a new combination of remote and on-site working, giving rise to a hybrid work model.