Lesson 15. “Why is running my own business a way to guarantee my employment in a decade?”


Introduction

In this essay I will be discussing whether having a business will benefit me in the future or not and how.

Main body

In the last one hundred years of human history, we have seen massive technological advances which have hugely benefited society. These advances have created many unique job opportunities, such as setting up a business online. But we are also starting to enter a time period of automation and AI (Artificial Intelligence), which, though still just an extension of technology, might have a different impact on society.

With robotic technology getting better and better, one has to look to the future and prepare to face the fact that some jobs will not be executed by humans, rather, by robotic technology. This is why running a business may guarantee my employment in the future, as humans will always want to buy products.

Now is the best time to start, as there are so many opportunities to start a business, whether it be online or not and to start making a small income. Having a small business on the side gives you a backup plan, in case your future turns out to be different. If you choose the right products to sell, you can make a living out of your side business and release the pressure on yourself to get some other employment.

This is definitely something I want to accomplish and in the next year or so, I am going to try and set up a business for myself. Over the last few weeks I have learnt a lot from the Business course and now it is time to actually start!

Conclusion

To summarise and conclude the essay, I discussed how it might be a good idea to start a business now, as it could be a way of providing financial independence if my main future job fails to be a success, especially with the rise of AI.

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