Do you think that online business, once mainstream, will eliminate unemployment?
Everyone from the age of 5 to 85 has the ability to start an online business in 24 hours or less. Do you think that, with the globalization of the worlds economy, that ecommerce and other business models will eliminate unemployment?
Well, I do see few small shop-keepers running out of sales due to many online markets . No one prefers to buy things from them . Probably that offers provided my the online markets are more attractive. But online business would also generate a lot of employment which requires skilled workers . It would also destroy few small jobs . Do remember that the invention of cars destroyed the jobs of people who transported using carts and wagons . But the same invention gave rise to so many jobs in the future . Much more than it had destroyed . Did it end unemployment ? No!
The same Thing would happen. Online business would create massive employment, but cannot eliminate unemployment . Not everyone would adjust themselves to every new job created.
What I was referring to was the ability for online business to give unemployed people the opportunity to seek self-employment in any industry. Amazon didn't put Best Buy out of business. Each business model caters to the customers wants.
There is a massive skills mismatch between the work that needs to be done and the skills many people have.
For example, we need electricians, mechanics, repair people, plumbers, skilled tradespeople. That is work neither robots nor artificial intelligences nor unskilled migrants can do.
Instead, we graduate people with four year degrees in political ideology and tell them to expect to be managers, when we need skilled labor.
by Andrew 7 years ago
What kinds of businesses can be started with only a $100 investment?
by EO-35 7 years ago
What are the causes of underemployment and unemployment???
by Barbara 7 years ago
What inspired you to start an online business, passion or economics?How is it working out for you?
by screaming 6 years ago
Understand these are "OUR IDEAS", no mention of political party. I'll start it off.1. Eliminate government cell phones! This is one of the most abused programs out there! Many have these phones and an Iphone as backup! Needs Policing!
by Silver Camphor 8 years ago
How important is it for an online business owner to understand the psychology of his target audienceWhen you are dealing with your customer face to face, then its very important to you get into the mind of your customer and try to understand his needs. But in online business, you dont even know...
by PAPABOBSOLUTIONS 8 years ago
HOW CAN WE ELIMINATE THE UNEMPLOYMENT PROBLEM IN THIS GREAT COUNTRY OF AMERICA?
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|