Businesses are changing at a faster rate than at any point in the last 100 years. Ever since the boom of the automobile industry in 1915, when assembly lines dominated the machine shops and created vastly improved living conditions for countless American families, innovations in industry have driven American capitalism to new heights.
Once again, drastic changes in the technological climate have given birth to frontier industries that will likely redefine the way we conduct our day-to-day affairs. The following five businesses are being revolutionized at a faster rate than the rest to deliver you cutting edge technology today.
Photo via Flickr by US Embassy New Zealand
When we think of technological innovation and revolutionary thinking, we usually don’t attribute these terms to agriculture. Farming is one of the oldest businesses in the world. For centuries, people have been farming to create the food that keeps them alive. Today’s agriculture, however, has transformed into something different entirely.
Agriculture depends on interconnectivity between the various components of a farm, and technology has streamlined these communications to create more effective means of planting and growing. The resulting larger crop yields, faster turnaround, and improved green methods of farming have created a virtually flawless method of sustainable agriculture.
If you look at everything bank-related that can be handled from the convenience of a smartphone app, it’s surprising that physical banks exist at all anymore. Cash has gone digital, and most people prefer to pay with plastic. Online banking now allows the user to deposit checks, schedule bill payments, and limit spending on specific accounts.
PayPal, Square, Stripe, and the array of other online merchant services have only hastened this influx of online banking technology. PayPal has virtually eliminated the need for cash, thanks to its widespread acceptance nationwide.
The vaporizer market has exploded in the last five years. It appears all of those anti-smoking advertisements finally started reaching people where it matters because the number of people vaping in place of traditional smoking is downright astounding.
Kudos to everyone who has made the switch, and if you haven’t, now is the best time to explore the vaping lifestyle. With hundreds of options in an array of nicotine content levels, vaping allows for more variety than traditional cigarettes. The new Jupiter by Vaporcade even allows you to connect a vaping unit to your phone for use.
Virtual Reality Gaming
Virtual-reality gaming is finally here, but it still has a few years to go before the whole world is peering through VR headsets at virtual worlds. Although the Oculus Rift has garnered the most hype and leads the field of incoming VR game consoles, developers have intelligently designed varying styles of VR gaming consoles to help you enter the VR world on any budget. Some people have been waiting over thirty years or more for this technology to arrive, so expect this industry to continue to grow.
The businesses being revolutionized right now couldn’t have less in common, but they fill in important niches in the lives of most people. Don’t be left behind by radical technologies — embrace revolution and prepare for the future.