Round Ups r/AskReddit

People shared the industries and professions they reckon are likeliest to collapse like a house of cards

10.

‘Chiropractors. At best they are okayish psychical trainers. At worst they could paralyze or kill you. Anything they speak about that actually works is just taken from other, well researched fields of science.’
-Pow-Wow_Guy

11.

‘Advertising. Advertising fuels the internet, because companies think it’s worth paying to force you to watch ads that cover the article you’re trying to read. IDK about y’all, but sitting in front of the screen waiting for my video to start makes me disinclined to buy from the company that’s making me wait.’
-QualifiedApathetic

12.

‘Artificial Intelligence. Everyone’s saying it can do everything, and once they realize it can’t, we’re looking at another recession on the scale of 2008.’
-ThexLoneWolf

13.

‘Bitcoin. The whole thing is based on what the next guy might pay for it. Reality is, there’s nothing behind it.’
-hospicedoc

14.

‘Much of finance is built on theoretical assets and involves a wild amount of gambling. Which is why capitalist economies are so boom/bust.’
-winthroprd

15.

‘College course materials. It’s crazy how much these cost…and it’s been that way for years! And it’s all propped up by student loans.’
-FiveDiceMath

16.

‘Private equity. The idea is great, a thriving financial business invests in smaller businesses so they can get their foot in the door and once they do the profits will flow back to the PE firm.

‘In reality the PE firm comes in and guts everything possible, personnel, amenities, perks, anything they can find so that the business doesn’t actually do anything better, they just have lower operating costs.

‘The lower operating costs leads to a reduction in quality of service and skilled workers. The PE firm sucks up all profits that could be used to reinvest and essentially abandons the business other than to have a weekly meeting telling them whether they hit goals or not.

‘Now the business is worse off, the employees are miserable, the customers loathe the lower quality product and slowly the business does worse and worse until they sell.

‘Have seen this happen multiple times now, have never seen a private equity takeover make things look better for employees or customers.’
-iizakore

17.

‘What industry isn’t is a better question. We live in a clown world, and the moment you start deconstructing it, the whole thing falls apart.’
-phlaries

Seems a bit harsh on chiropractors. You might almost call it a stretch. Hello? Anyone?

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