It is about old taxi drivers losing clients and going out of business with the presence of private hire cars competiting for passengers.
Technology is becoming ubiquitous and a disruption to traditional businesses. This is a reality that is already happening and will persist.
In the taxi business, even the private hire model like Uber, will be overtaken by the use of automatic driverless cars. Prototypes are already there and statistically, they are safer than human driven cars.
Many other professions will also be disrupted by technologies, for instance:
- Artificial intelligence software can diagnose cancer at 90% certainty compared to a human oncologist achieving only 50% certainty.
- Real time credit ratings will tear current banking processes apart.
- Genetic engineering
Information security will be a big issue. See Augmented Risks.
Here is the behind-the-scenes:
So where do we go from here? Today's young people will be tomorrow's 'old people'. How will they cope with yet newer technologies coming into their lives? Or will even the meaning of 'old people' be redefined?
For more short stories about how old dogs must learn new tricks to move on to new jobs, watch:
- Hentak Kaki
- Unemployed PMET Achieves
And another vision of the future... year 2022: