>> There's a lot of it about, e.g. the mobile phone market.
Indeed, I suspect that travel agents will be the next crowd to admit it.
Then airlines, steel industry, IC car manufacturing, ship building, and so many more.
Products and service for which there is a material demand are still in for a difficult time. But if you have a product or service which is essentially in the gutter having been struggling for years, then either re-invent your business model or say goodbye. All those businesses which they have believed and told you that you wanted but you actually didn't, are set to die.
Ironically of course, those very business which the clever and trendy have deemed as dead, may very well rise to the top; bespoke services, niche products, etc etc.
Making mainstream products and services look like bespoke services and niche products delivered with mind boggling convenience to the consumer is the way forward.
I must say that on a trivial level it does my humour no harm to see previously condescending b******s, such as the likes of car dealerships, dragged down to reality. But perhaps I'm just bitter.
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