The economic consequences of a human’s ability to work with a robot, and vice versa, are potentially enormous. Factories could could do away with painstakingly configured assembly lines, saving billions in equipment setup costs. Need to modify a popular product? Humanrobot

teams can create custom versions of anything from electronics to airplanes without the need for expensive retooling. The technology will allow companies to quickly respond to consumer demand, updating products in cycles measured in weeks, not years. And workers should find rewarding the ever changing challenges of the factory floor.For these reasons and more, we need to realize that robots may ultimately be more effective as supervisors, not slaves.

Humans and robots   will work elbow to   elbow on the shop foor, but you’ll be   surprised by who’s

giving the orders

By David Bourne, Scientific American, May 2013

Well I had the clear view that most of the routine jobs will slowly be replaced by machines (Taxi Drivers, Graphic design, some front office jobs, pilots, train driver's, assembly lines, etc....)

If David Bourne is right Robots one day can be better at calling the shots and this brings automation to another level! I guess besides hairdresser, personal trainer, artist, creative, Yoga teacher, horse trainer, etc... everything can be slowly replaced by machines.

What could be the implications from this

The value of producing/doing is going down

The value of creating/research/investigation is going up

The guy who builds robots is going to make money

Programming & software 

I see deflation, the cost of producing is going down and since you can produce all day long non stop the prices of everything will go sharply down

I see oversupply of almost everything besides natural resources, etc....

The value of the human touch is going up but it can't get very much out of the cost of the mechanical substitute

The question is who are you going to sell to if the potential clients have no jobs?

Robots don't need an IPod Touch....................

We all have different skills. But there’s one skill I feel is most crucial to entrepreneurial success. It’s the ability to sell. I scoffed at the idea of marketing and sales. As a Computer Engineer my vision of the world was “build epic stuff and the crowds will beat a path to your door”. Rubbish.

BY VISHEN LAKHIANI

http://www.mindvalleyinsights.com/7-lessons-from-building-a-lifestyle-business/

Until recently i totally agree with this statement about Marketing & Sales. However these days my feeling is that we have oversupply of everything! In my view there are still 2 ways to make money

a)Do do something different (TESLA, PRADA, LVMH, Porsche etc....)

b)Be the nº1 in your space. Nº1 is the best spot, most of people go into a shop and ask, who is the top brand? (Booking.com, Amazon, Nestle, Coca-Cola,etc...)

To be good in marketing & Sales it's not enough. Even in Marketing & Sales there is oversupply. 

Over the next 10 years, China will add about 100 million college graduates to the global economy, causing a shock to the world's skilled labor supply similar in magnitude to the shock to unskilled labor caused by China's massive rural to urban migration during the past 10 years.

Wellington Management

Nothing new here, it's obvious that the value of a college degree is already falling and it's not clear if it's a good business anymore. What to do? Be different, do something that not many people can do! Don't enroll in anything with more than 10 students!

As the 70's Pink Floyd said , All in all you're just another brick in the wall!

Don't be, do something different, don't let school turn you similar to thousands of other people.

PS I don't agree with George Lois Small is beautiful ideas. With Globalization being bigger is better to bring new business than being better. Most of people don't want to risk, what lower risk strategy than to buy the leader! On top of that the if the number one player in each industry wants to earn normal profits they can afford a product/service/price/etc… unbeatable (Amazon). 

Humans have no need to “get” milk in their diets, a relatively recent addition to our culinary mix in the grand sweep of human history. And that raises the question of the white beverage as a source of dietary calcium. Here, too, it may not live up to its billing. Ludwig and Willett point out that  bone fracture rates are higher in countries where milk is a mainstay. Other foods—leafy greens, nuts, seeds—can also fulfill needed calcium requirements.