Verizon hangs up on pay phones

With the number of wireless devices (327 M) exceeding the number of people (312 M) in the US by 25 million, it is little wonder that the pay phone will join the growing list of products (cameras, GPS sets, netbooks) that are being rendered obsolete by the ubiquitous computing devices.  More here:  Verizon Disconnects From Most Of Its Pay Phones

What’s next for the growing list of obsolete products? Just about anything that still requires coins are sinking fast – vending machines and parking meters that haven’t been converted will soon be.  And as Near Field Communications becomes a common feature on smartphones it won’t be long before there will be little need for carrying cash, coins, credit or debit cards.  Who knew that when they talked about computer’s driving a paperless future, it was the future of paper money that was bleak!

 

Advertisements

About johndmo

Serial Entrepreneur, Cleantech Mentor, Executive Coach, Executive Confidant and start-up consultant View all posts by johndmo

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: