Trends Essay Example | Topics and Well Written Essays - 250 words - 2

Trends - Essay Example A vivid example of this is that many book lovers now choose to buy books online rather than purchasing them in bookstores. This development has led to the demise of bookstore chains like Borders, the second largest book retailer and a boost to digital retailer Amazon. (Osnos, 2011). Education will also have to reinvent itself. Traditional classroom lectures will eventually find itself being replaced by virtual learning environments. Teachers will rely more and more on available software that will enhance the learning process and increase the motivations of children to learn new things. One business where one will see a tremendous boom is the outsourcing market. Numerous companies are beginning to realize that outsourcing decreases costs significantly without necessarily reducing efficiency and productivity. In the music industry, one can envision a decline in the business of record labels. Feinberg believes that the trend now is simply to download music through the internet or what he terms as â€Å"digital sharing† (2009). Few people are buying original CDs of recording artists because downloading music through the web is free. It is also easier to share music nowadays using the latest technology such as Ipods and Iphones. Indeed, man’s needs are changing with the changing times. With these changes come new trends and with these new trends come new business opportunities. One may see the demise of some industries but one also expects that these industries will eventually be replaced by new industries which adapt to the advancing technologies of mankind. Feinberg, J. (2009, August 18). What will record labels look like in the future? Retrieved August 8, 2011, from pbs.org: http://www.pbs.org/mediashift/2009/08/what-will-record-labels- look-like-in-the-future230.html Osnos, P. (2011, July 26). The end of Borders and the future of the printed word. Retrieved August 8, 2011, from