Business and Money Tips

In a recent interview the MD of Daimler Benz (Mercedes Benz) said their competitors are no longer other car companies but Tesla (obvious), Google, Apple, Amazon . Software will disrupt most traditional industries in the next 5-10 years.   Uber is just a software tool, they don't own any cars, and are now the biggest taxi company in the world Airbnb is now the biggest hotel company in the world, although they don't own any properties.   Artificial Intelligence: Computers become exponentially better in understanding the world. This year, a computer beat the best Go player in the world,  10 years earlier than expected. In the US, young lawyers already don't get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans. So if you study law, stop immediately. There will be 90% less lawyers in the future, only specialists will remain.  Watson ...