With fuel costs up in the world demand for oil up the transportation industry will take a hit. This includes ships, trains, buses, automobiles and planes. This means there will be in increasing prices of everything you buy because it had to come from somewhere to get to you. It's similar to having an additional tax on every single item you purchase. But it is even more than that because each item had to be manufactured and all those items and components had to be delivered as well. Thus every industry is hurt.
One industry hurt most of all is the travel industry, as people cannot afford to buy the airline tickets to travel to their favorite destinations. I believe this will cause a couple of things to occur. No. 1, we will see another spike in the use of videoconferencing, video cell phones and other alternatives to communication between businesses and families; No. 2, the high-cost to travel will increase the demand for virtual reality traveling.
For instance traveling to the pyramids in virtual reality in a virtual to tour.Virtual reality will be extremely real in the future and better than any modern-day simulator. The computerized system will create as you demand and move and it will interface with your human brain as if a dream on steroids. It will be so real that you will believe you were there. In fact you'll begin to wonder if your life experience is actually a real or is it Memorex.
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By: Lance Winslow