Posted on November 16, 2011 by http://www.scioto.com/

You may find some of these things to be surprising!

Snail mail is so deep in financial trouble that there is probably no way to sustain it long term. E-mail, Fed Ex, and UPS have just about wiped out the minimum revenue needed to keep the post offices alive. Most of your mail everyday is just junk mail and bills. Online bill payment options, mobile technologies and social networking for minimum costs will further put the nail in the post office coffin.   

It costs the financial system billions of dollars a year to process checks. Plastic cards and online transactions will lead to the eventual demise of the check.

Read more:  http://www.scioto.com/10-things-that-will-disappear-in-our-lifetime-2/

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  • de castro  On 01/17/2013 at 2:42 pm

    it is called progress….these institutions will have to re-invent themselves or become obsolete to requirements…diversify or die …the world has changed and those who do not change with it will become history.
    what concerns me most is “JOB losses” and how can these
    employees be re-trained or re-employed.
    Banking institutions will also have to change their customer
    relations/marketing strategies or they will also be either eaten up by others or become victims of their own incompetance.

    my objectives as a trade unionist was always to create more sustainable jobs,,,,
    that has not changed even in todays economic climate….re-training in skills that are more needed may be a neccessary evil.

    que sera sera


  • Deen  On 01/17/2013 at 7:33 pm

    Kamptan, I agree with you. Also, robotic technology will continue to have a dramatic impact in the work environment. As we know, in many areas robots are enormously more productive than humans. There are indicators that more machines will replace people in the workforce. Since people will be less involved in physical production, it will be interesting to see how society will evolve, especially with the progress and application of advanced artificial intelligence.

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