The times are change…

Everyone says Millennials are disrupting industries. The Finincial Post put out a post that millennials are ditching credit cards. A record number of millennials are “cord cutters”, the term for people who ditch cable TV for the alternatives. The smartphone, tablet devices, cryptocurrency, these are just a few of the things that have been adopted by millennials. However I think that it’s not millennials who are really going to “disrupt” things.

It’s the current generation, whatever they will be called. My 4 year old hasn’t grown up watching TV like my wife and I did. He watches YouTube and the majority of his actual TV watching is done on Netflix. I was reminded of the huge difference a couple months ago. He was watching actual cable TV for the first time at his grandparent’s house. An ad came on and he turned to me and asked “What is this?”. It suddenly hit me that he has never experienced an ad while watching TV. This simple reaction is what tells me that as his generation grows. They will be the ones to really change things. Old industries like the cable companies should be worried about the change.

By then millennials, with their different outlook on how things, will be will be the ones in charge. While the current generation become the one disrupting things, the consumers, the ones pushing things forward. My younger daughter like my son has only had interactions with touchscreen devices, Netflix and the like. Driverless cars, pilotless planes, paying for things with your phone, cryptocurrency, TV and movies that will play wherever you want to watch. The credit card companies, cable companies, phone carriers, auto makers and other industries will need to rethink the way they do things. But judging by the way they are going now I think the majority will be left in the dust. Yesterday while sitting at the computer my son walks over. He starts swiping his finger up and down the screen trying to scroll the information. Yes, change is coming, it might be slow, but it is coming…

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