The video discusses businesses and sectors that are becoming obsolete due to technological advancements. The host provides examples of industries that will likely disappear or undergo significant changes in the near future. These include:
1. Telemarketing and telephone services: With the rise of artificial intelligence, such as Google Duplex, many jobs related to telephone services will be replaced by machines.
2. Movie theaters: The shift to online streaming platforms and the rising cost of going to the movies make traditional cinemas less viable.
3. Wallets and purses: With the increasing use of digital payments and mobile wallets, the need for physical wallets and purses will decrease.
4. Telephone companies: The rise of data connections and VoIP technology will make traditional telephone services less necessary.
5. Traditional banking: The growth of mobile banking and fintech will lead to a decline in traditional banking services, making bank offices and branches less necessary.
The host advises viewers to be aware of these changes and to consider investing in companies that are adapting to these new technologies.
Here are the key facts extracted from the text:
1. Google Duplex is a software that uses recurrent neural networks to mimic human conversation.
2. Google Duplex was first presented at the 2018 I/O conference.
3. Neural networks are trained with anonymous telephone calls and improve with each call.
4. Jobs that depend on telephone assistance and service will be replaced by machines.
5. The average price of a movie ticket in main Spanish cities is around 10 euros.
6. The cost of going to the movies for a family of four can be around 64 euros.
7. The annual Netflix fee is similar to the cost of going to the movies once for a family of four.
8. Cinemas are trying to implement new technologies, such as 3D systems and better sound and image, to stay relevant.
9. More people are using online platforms to watch movies from home.
10. The use of physical money, such as bills and coins, will eventually disappear and be replaced by digital formats.
11. More payments are being made using mobile phones, such as Apple Pay and Android Pay.
12. The need to carry physical credit cards will decrease as mobile payments become more popular.
13. Identity documents, such as driver's licenses, will also become digital.
14. Telephone booths have become largely obsolete.
15. Landlines in homes are also becoming less common.
16. The telephone number as we know it will eventually disappear and be replaced by user IDs and passwords.
17. The SIM card, used to connect to a phone operator, will also become obsolete.
18. The traditional banking sector is becoming obsolete, with more transactions being made online and through mobile phones.
19. Mobile banking is becoming more popular, with more people trusting transactions made through their smartphones.
20. The fintech sector, which combines finance and technology, is becoming increasingly important.