The technological evolution is so fast that some products are disappearing and we didn’t notice. There are some economic sectors where there has been a constant innovation and evolution but there are other sectors that require a trigger to start a new era of growth, change and innovation and completely transform their products or services. For example, the automobile sector, during some decades, has been with small incremental innovations that do not lead to a disruptive change in automobile companies, until the technological companies joined the industry, being responsible for the trigger.
Cars without internet connection – Already begins to be used and will be across all the industry in a few time. Cars will be 24 hours per day connected to the internet and you can build car apps that will pursue more efficiency, comfort and entertainment. In addition, car companies will receive the data from each of their cars in real time.
Email – Email is in a descent path with the use of social networks and new communication apps. New and more efficient ways to communicate online appear every day, which results in a lack of investment in email. The big quantity of spam and advertising that we receive on our email every day is contributing to the end of it.
Money – Physical money is definitely near the end. We are in a digital age where everything is done through a smartphone, a watch, a TV or a computer. Carrying physical money has no benefit for the majority of the population. This change, despite look easy and for me could be done several years ago, it will touch in powerful interests and this is a big barrier to overcome.
Privacy – Data is everywhere and now people are aware of its importance. Everyone wants to have data because data and data analysis is power and so data from all devices connected to the internet is being stored from any IT company. Everything we do online is stored. At the end, it will be possible to have a record of someone looking for me, online and offline. Perhaps this last one will not be the end of privacy but one concept transformation.