That is bound to have a depressing effect on all services and products sold to "home dwellers," ranging from fixed-line voice and entertainment video to home furnishings, household goods, remodeling and so forth.
Monday, February 7, 2011
Nearly 11 Percent of US Houses Empty
Of the nearly 131 million housing units in this country, 112.5 million are occupied. There were 18.4 million vacant homes in the United States in the fourth quarter of 2010, 11 percent of all housing units vacant all year round.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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