The rise of computer automation and it’s impact on the job market is gaining attention.
Throughout human history, there were various “game changers” that transformed society and the way we live.
One of the first and most important game changers was the First Agricultural Revolution dating back to 10,000 BC. This revolution saw human life change from hunting and gathering to settled agriculture. Easy and consistent access to a reliable food source completely transformed human life by allowing for better nutrition and more free time.
The profound change in lifestyle that came with this revolution helped the “birth of society”. Not having to spend all your time hunting and gathering for basic survival meant more time to think, experiment, socialize and learn.
This paved the way for political structures, ideologies, the written word, division of labor, trade, art, architecture, and property ownership. The Agricultural Revolution started it all. It is one of the most significant game changers in human history.
Since the initial Agricultural Revolution there have been several to follow. But the next major game changer would come with the Industrial Revolution in the late 1700’s. This revolution ushered in the transition to a more machine-dependent economy with improved manufacturing processes and machines replacing people and animals in various labor roles.
This revolution, once again, provided people with more TIME. And this led to a massive population boom along with various economic and social changes. Life was never the same as machines permanently replaced old human jobs.
The much more famous “Second Industrial Revolution” of the late 1800’s saw the rise of rapid development and improved transportation systems. Rail, automobiles, paper, skyscrapers, oil, rubber, chemicals and telecommunications boomed. This could be considered the birth of “modern society”. It was also the response to the jobs people lost to machines. With less time spent on basic tasks, people were able to put their energy into expanding their knowledge, improving technology, and creating more complex and refined systems.
Are you starting to see a pattern? Once a revolution changes the game, there is no going back. And once machines replace a human job, that job never returns. Machines and computers are permanent replacements. Society continues to advance as more basic human jobs are replaced by increasingly more advanced machines.
As you might expect, the next game changing revolution is the Digital Revolution that began in the 1970’s. This revolution started when the refinement of digital computing and communication technology allowed for the development of the Internet in the 1980’s.
This massive game changer had a sweeping impact on the economic, social, and technological role of information. It also transformed the way business is done. Ultimately, this led to the birth of the Information Age in which we currently live.
There has been no major game changer since the Internet, but a new revolution is always on the horizon. Some are predicting this to be the Artificial Intelligence Revolution (A.I. Revolution). And some fear this could be our last revolution.
Machines have gradually replaced people since their inception. At first, they did simple, repetitive tasks requiring no intelligence. However, as they evolve over time to become more helpful and intelligent, it is difficult to predict when, how, and if, these machines will reach their peak.
Currently, Artificial Intelligence is gaining more attention as many people fear the day machines become more intelligent than humans.
However, without going too far into the future, people should prepare for the possibility that any job, no matter how complex it might seem today, might eventually get automated one day.
Just like many blue-collar factory jobs were permanently lost to machines after the Industrial Revolution, the same thing can happen to many white-collar jobs as computers become more intelligent.
The average person needs to have a serious backup plan for a future where their job or career might become obsolete. Like with all previous revolutions, once a job is lost to a machine, that job is lost forever. People in the early stages of their career are better equipped to change course, but what about someone at the middle or end?
The Internet is the “new world” of today. And now is the time to start buying your chunk of the Real Estate while it’s on sale. As “new land”, the barrier to entry is low. Very much like land ownership before the Industrial Revolution. There is lots of cheap land to go around on the Internet because the majority of the population is still unaware of its future value.
As the Internet grows and becomes more saturated over time, the barrier to entry will get higher and higher. Starting and growing a new website will become more difficult and expensive as available “Real Estate” becomes scarcer. This is the basic rule of supply and demand. Right now, the supply of available Internet domain names is still high, while the demand is low. The average person is still not planning their future around the Internet or seeking to create an online business. This is why literally ANYONE can have a website today.
Currently, land-based Real Estate is still one of the best investments around. However, the barrier to entry is extremely high. This is because of the famous Mark Twain line: “Buy land, they're not making it anymore”. So, in order to own land today, you have to buy it from someone else who already owns it.
In the future, the Internet might function in a similar way. It will reach a point of saturation where the barrier to entry gets higher. Gone will be the days when “anyone” can start a website or a blog. The situation of today won’t last forever. Once the average person learns this, there will be a “gold rush”.
Not only will the barrier to entry get higher, but the TIME investment will too. Currently, the time investment to make money online can be extremely short. In the future, it might take years to see any profits from an online business. Similar to a standard startup business. With increased competition and saturation will come a higher failure rate.
This is what happens during a “gold rush”. Everyone jumps into the market and it becomes so saturated that most people come out with nothing. We saw this happen before with the Dot.com bubble in 2000 and again with the Real Estate bubble in 2008. Over-saturation drives up the cost of entry beyond what it should be. When people enter at high cost and don’t generate any profits, they or their business goes bankrupt.
Even after a bubble pops, the cost of entry never drops back to the lowest point. After the Real Estate crash in 2008, there were significant price drops, but the barrier to entry was still too high for most average people. And the Internet will eventually be the same.
Many people think of the Internet as the “present” but it is, in fact, the wave of future. It will control the future landscape of business, economics, information, education and politics. The “real world” will become increasingly automated, leaving less and less high paying jobs available outside of the Internet.
This change will define the new gap between the rich and the poor. The poor will mostly be those who work “real world” jobs and the rich will mostly be those who work online. Domain names will be similar to prime Real Estate. Once the good ones are all taken, values will rise. And thus, it will become very expensive to start a new website with a domain name that isn’t crap.
You’ve been given foresight. The only question now is what are you going to do about it? Below is a list of five ways you can take action right now. To learn more, click on the online opportunity that is most appealing to you:
Don’t miss the boat.
The reason why only a small percentage of the population becomes “highly successful” is because the vast majority of people don’t take action when great insight and opportunity is presented to them. Instead, they wait for the “gold rush” when everyone is jumping in. Therefore, they enter the game late. Entering the game late is like buying expired milk. It might work out for you, but it probably won’t.
If you found this article of wisdom interesting or helpful, I recommend exploring the WISDOM section of this website to learn even more. Also, if you are seeking perspective and direction in life, explore the BOOKS section. These books are designed around helping the individual. They provide wisdom to help a person discover their cause, live on their own terms and take action to thrive in life. If living on your own terms sounds appealing to you, these books are fantastic reads. They are currently available for a very low price as we are very early in the game. Once again, don’t miss the boat.