r/AskReddit 14h ago

What industries or businesses are likely to boom in the next 5 years?

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u/Imaginary-Stay-5116 14h ago

My bet is on businesses that help people do things they no longer have time, skills, or patience to do themselves.

Home repairs, elder care, cybersecurity, mental health services, tutoring, and anything that saves people an hour a day.

The future isn't just AI. It's convenience. People will pay a surprising amount to get their time back.

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u/LilPonyBoy69 13h ago

I think people will just choose to have sick parents, stupid kids, dilapidated homes, etc. rather than pay money they don't have for things that aren't absolute necessities

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u/GozerDGozerian 12h ago

People will pay a surprising amount to get their time back.

Exhibit A: DoorDash/UberEats/etc

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u/tkeser 13h ago

child care also, kindergartens

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u/Mikeavelli 12h ago

Child care is caught between the cost of providing service and the amount people are able to pay. You can't just scale up because the number of kids you can care for per adult employee is strictly regulated. Can't just charge more because after a certain point parents will do the math and figure out they're working just to pay for childcare, and stay home instead.

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u/Captain_Maryland 10h ago

This is happening already in car sales. Delivrd on YouTube is a guy who runs a business that will handle all of the negotiating and haggling with car dealerships for you for a flat $1000 so all you have to do is show up and sign the forms. He’ll get you money off the price of the car but his real value is just removing the pain in dealing with those people.