Brick and Mortar is Going Away

Partly because of the COVID 19 Pandemic and partly because of
technology brick and mortar buildings, organizations, and institutions are going away...

The first of these will be EDUCATION...

Educational institutions both for profit and non profit have realized recently that ONLINE EDUCATION saves them "tons" on money each year in building maintenance and utility costs.  With instructors working from home or other remote locations, they are responsible for their offices and internet connections which they can then use as tax deductions when they file their IRS taxes each year.

Unfortunately, online education is not as knowledge transfer intense as in-class instruction but profits and reduced costs are more important than education.

I have taught both in online jurisdictions as well as in-class jurisdictions and in the online environment, I put in much more time than I do or did in the classroom environment.

The second group of organizations and institutions that will be giving up their brick and mortar buildings will be the RETAIL INDUSTRY.

Amazon and Ebay are good examples of organizations that have been very successful with just an online operation.

When the COVID Pandemic was in full force here in the US, my wife and I ordered as much as we could online to avoid having to go out in public to purchase what we needed.  This type of buying is only going to increase in intensity among the American people.

What will help spur this along will be the increase in popularity of using Crypt Currency and Bitcoins which is a natural byproduct of Pay Pal.

And...  as we begin to do away with gasoline vehicles and transform our transportation industry to electric vehicles and before we are able to build all those CHARGING STATIONS, Americans will be forced to do more and more shopping online rather than driving to a shopping mall or a grocery store.