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Online Shopping Replaces Sales People

Published by ideonexus

During the Great Recession, nearly 1 in 12 people working in sales in America lost their job, accelerating a trend that had begun long before. In 1995, for example, 2.08 people were employed in “sales and related” occupations for every $1 million of real GDP generated that year. By 2002 (the last year for which consistent data are available), that number had fallen to 1.79, a decline of nearly 14 percent.

Erik Brynjolfsson, Andrew McAfee, Race Against the Machine (2011)

Notes

Everytime you purchase something online, that's something you didn't purchase from a retail clerk.

References

Schemas

Triples

Not related to other memes yet.

Watson’s reading

Tags generated by IBM Watson from the text. Percentages are its confidence.

Categories

People, places and things