Which industries which is consider as sunset and going to replace by technology?

There are several industries that are considered "sunset" industries, meaning they are in decline and expected to be replaced by technology. Some examples include:

1. Retail and brick-and-mortar stores: Online shopping and e-commerce platforms have grown in popularity, and many consumers now prefer to shop online rather than visiting physical stores. This has led to the decline of traditional retail stores, particularly those in shopping malls.
2. Travel agencies: The rise of online travel booking platforms such as Expedia and Booking.com has made it easier for consumers to book their own travel arrangements, leading to a decline in the number of traditional travel agencies.
3. Print media: The rise of digital media and the internet has led to a decline in the number of newspapers and magazines, as many consumers now prefer to get their news and information online.
4. Film and photography: The rise of digital cameras and smartphones with high-quality cameras has made it easier for people to take their own photos and videos, leading to a decline in the demand for professional photographers and videographers.
5. Banking and finance: The growth of fintech and digital banking has led to the decline of traditional banking services and the emergence of digital-only banks, which offer a range of services online.
6. Transportation: The rise of ride-hailing services, self-driving cars and drones, are expected to disrupt traditional transportation services and lead to the decline of taxi and other transportation services.
7. Logistics: With the advent of automation, drones and self-driving vehicles the logistics industry is expected to change dramatically in the near future

These industries are likely to continue to decline as technology continues to evolve and disrupt traditional business models. Companies and individuals in these industries will need to adapt and find new ways to stay relevant in the changing business landscape.

What is your investment strategy in 2023?

Before you consider any of those, you'll be thankful that you have read this first.

Our team constantly updates the next up & rising technology companies in ASEAN. If you like our post do not miss any chance of investing opportunity in ASEAN by visiting our website for the "Rising Technology Wave in ASEAN".