hey everybody how you do and it's Bruce here with traveling with Bruce welcome
to my daily daily number eight number eight oh man
it's December the 1st 2017 and welcome to frightening
yeah it's Friday first things first step this is the first time you've ever been
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like a symbiotic relationship fantastic today is subject on December the 1st now
that we're coming into the Christmas movement here I wanted to talk to you
about how the world has changed since Steve Jobs with Apple introduced
the original version of this not this version but the original version was
probably about this big the iPhone the smartphone you know in the short number
of years that this was introduced to the to the world at large
and 11 years into this a lot has changed and I wanted tests kind of run down a
list with you today as to what businesses don't exist anymore or are
almost gone what some movie wants with Danny DeVito I think is called other
people's money and he talked about maybe it was intended to be like toys a movie
was talking about how you were the best in the business because you're the last
in the business and was talking about buggy whips the last company to make
buggy whips was the best buddy whip maker left in the world problem was
buggies were going out of fashion and within a few years that we will need a
buggy whip anymore and even the best friend business that survived everybody
else will die as well and in the case of the iPhone a lot of good quality
businesses that ran for decades for many many years just don't exist anymore and
I keep coming up with another one and another one another one so I'm gonna
read off a list here and tell you some of the businesses that that you probably
know right off the top of your head don't exist anymore some of them you
might not have realized are disappearing or have disappeared and it goes into a
large measure because this unit here is no longer is really not a telephone as
we all know it's not a telephone it's a movie maker it's a picture taker it's an
internet accessor it is a software accessor it is a you know it can it can
do a zillion things and don't you feel naked when you leave the house without
it if you forget it at work or you forget it at home somewhere and you're
you know you're away from this for a couple hours
don't you feel useless and out of touch it's it's incredible how this has become
an extension of our lives it's really amazing okay so without any further ado
let me rattle off a few businesses that really don't exist anymore first on my
list that I thought of the other day was the one hour photo shops that every
shopping mall once had across around the world I mean one-hour
photo processing yeah you know you bought a camera you have a little
handheld camera and you bought a little plastic cartridge for film you popped it
in there you took your photos even if you were a business like I was once a
retailer and I need to take photos of inventory I would take photos of
inventory with this little el cheapo camera Instamatic or whatever they were
called I mean the cameras were plastic they were garbage or even a
35-millimeter and then you take the film to a one-hour photo place right in the
shopping mall go shopping go to a food court for an hour or two you know eat
some cheap Chinese food shop around come back and then the photos would be
developed and Lebrun yeah you know six eight ten bucks and they throw in
another roll of film with the deal so you know hey as soon as I finished with
these photos getting developed I get another roll of film in my camera and
I'm ready to take pictures anytime I wanted problem was the photos you're
taking you have no idea what they're gonna look like are they blurry out of
focus was the film bad it's a camera you know the fact that you know how many
hundreds of thousands of these shops don't exist anymore that used to offer
picture frames for sale and they offer passport photos right on the spot
picture enhancing I mean you're still a few places you can go to get photography
work done but it is I bet you less than 5% of the total and they're almost
completely gone and that would be millions of peoples of jobs that just
disappeared because of the iPhone another one that's
really rapidly disappearing to something known as the internet cafe or the the
Internet Center you know I was on a vacation number of years ago in Europe
and I needed to do some some business work I had to get a document printed I'd
write my signature at the facts and then mail it I would go to a an internet cafe
and they had you know table desktop computers available for you to use and
you'd log into your email account whatever it was and
you would print the document off at the front of the shop and then you do what
you did with it or altered it or what have you and and then you would fax it
and that's another thing that's gone fax machine you would fax the document to
back to where you got it from because to be able to scan it was almost unheard of
at that point today with this iPhone unbelievable you can receive your
documents look at your emails for Word documents a signing it's unbelievable
forma from a business point of view so though that's another one that's got fax
machines I just mentioned gone something a little older is a teletype machine
when I first started as a stockbroker back in the 70s we use teletype machines
for those trades that happened in New York because we were up in Canada we had
two teletype the order in writing to the floor another one that's gone is
something known as the Dow Jones news ticker machine and in the movies you
might see them where the the lawyers or
the stockbrokers and financial analysts are
all huddled around the little machine that's standing in the office against
the wall and it's just going to digit and this paper it keeps coming out that
looks like long rolls of toilet paper and it would be just this constant sheet
and it would be headlines news news headlines financial and world events I
remember when Reagan was was shot by John Hinckley jr. outside the Washington
hotel that Dow Jones ticker machine had a bell whenever something serious
happened five bells 1 2 3 4 ding ding ding ding ding ding know what just throw
things and we all got em going what the hell's going on with the machine is it
is it malfunctioning is it broken or is there something bad going oh there was
something bad going on the news came out for Reagan and it was just non-stop that
was a that's a machine it's gone now because it's replaced by this with
Twitter with instant access to a news feeds and then to ourselves I hear
something that I think my buddy should know I let them know through this
through a quick text message and that's how new spreads now it is back to the
brokerage business for a second what most stockbrokers don't exist anymore
I used to be stock brokerage firms in every town every city across Canada
United States and you wanted to buy and sell stock you'd call your broker and
the broker would place an order for you now would go through a chain of four or
five people until it got to the floor and the stock would be transacted and
then the order would come back four or five people back on the way back and
you'd get a coffee broker saying yeah you just bought some stock now we do it
on our phones we do it on our laptops this again has given us access to our
own financial services in effect banks are another area most Bank branches are
disappearing faster than you can imagine I remember that here in Canada we have
five big banks or six big banks and in every medium-sized town and up every
bank had a branch not anymore and in big cities you've probably
noticed it too that the number of branches that your bank has now a
handful compared to what it was say 15 years ago ten fifteen years ago because
you have access to your money if through your telephone payphones
another one I try and find a payphone I mean we see one now and we can look at
that a payphone in that interesting and phone carts remember we stopped iPhone
cards at the 7-eleven or or your convenience store or at the grocery
store phone cards are on the way out another one that's gone in the news
business local TV stations are quickly disappearing they're consolidating and
local newspapers that has been going on for quite a while now newspapers are
disappearing so fast even the large papers are in trouble and have been in
trouble for a number of years they tried to get into the the you know the e-news
business or the i-news business how difficult is it for a newspaper a local
small town newspaper to compare with this it's it's amazing most most of us
growing up now the if you're younger you'll never know the fact that there
was a time where you received your Sunday paper from the New York Times or
LA Times maybe once a week you had your Hydrick daily from the big paper and
then you maybe the weekly from your local town
paper and that that tradition all three are quickly just evaporating the numbers
are way off movie theaters disappearing so fast
movie theaters used to be a family-owned business and every small medium town and
cities even in large cities had mom-and-pop buy movie theater chains or
movie theater centers they're being dominated now by big chains and even
they are the screens are disappearing the numbers are backing up cable TV is
suffering because of lower numbers companies that don't exist anymore
Kodak Polaroid the record stores HMV record stores Virgin Records remember
virgin used to have record stores everywhere in Canada we had Sam the
record man iconic brand absolutely iconic I think anm also had a record
chain those are all gone I still love going into the record store I just
hanging out and looking at the new albums and checking out the covers and
reading the back and who's on this track and that's a it's all gone no
Blockbuster Video stores Wow they had I don't know how many
thousands of locations around the world virtually gone completely gone I read
somewhere there's maybe one or two left in Alaska of all places so and then the
mom-and-pop video stores that that used to exist now those are the first ones
out when VCRs hit it hit the big-time mom-and-pop shops had VCRs for rent for
the weekend and VCR tapes for rent and you would go in on Friday afternoon or
Friday night after work and you'd rent a rent a VCR cuz they were eight hundred
bucks to buy and you'd get to her three movies and watch the movies Friday
nights I'd bring them bring the unit back on Sunday and then as time went on
we had our own VCRs and we just went to these mom-and-pop shops to rent a movie
and then blockbuster came out and we couldn't believe that blockbuster would
have 15 copies of the latest movie to be released on video
of course Friday night they're all gone anyway so you walk around and see all
these boxes of movies available but behind it there was no there was no tape
because they were already rented out this has changed it all right here
one last thing a tire occurred to me this morning our tickets ticket sent
just pairing ticket to to a concert ticket to
a sporting event tickets are disappearing a ticket now is on here you
scan this I took a train ride in Germany on a high-speed train last year and my
ticket was on this I never got a paper ticket I confirmed my travel on the
phone and I showed the conductor my ticket with that little little box and
he scanned it and it's all good unbelievable so that's another area of
the world that's just disappeared and and of course it's the changing world
that we're in it continues to evolve I you know some of this some of these
changes are just natural there's going to happen anyway but a lot of them are
because of innovation new innovations are taking up the old inhibitions and
some of these businesses weren't that old one our photo of us from the 70s in
the 80s wasn't like from the 40s or anything like that in 1960 you want a
film done you dropped it off at a camera shop and you waited a week to get it
back and if you get super expedited service you've got like a 2 or 3 day
service and you pay dearly from that and of course as we know one our photo
centers they didn't charge little extra for the one hour service so or they give
you a better deal if he came back tomorrow and they could do it you know
overnight but a lot of these businesses were created in the say 60s the 70s and
the 80s and they only lasted 10 or 15 to 20 years and then they were annihilated
with technology unbelievable going forward what will this machine do to us
and change with change our lives there's so much more coming it's going to be
exciting it's gonna be amazing to watch but this is today is daily to just kind
of give you a quick overview of how many millions of jobs and businesses don't
exist anymore because of the iPhone or the smartphone and how things are
evolving in front of our eyes it's quite amazing I want to thank you for joining
me today I hope you tolerated it alright again if you like the video give me a
thumbs up check out all my videos out this one 80 to 83 of them now and
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we'll talk to you next time this is the end of the the 8th daily thanks for
joining me it's Bruce with traveling with Bruce we'll see you next time bye
bye