I grew up on Beanie Babies and pogs, just as the generation before me was raised on Pac-Man, Rocky and Chia Pets. Today’s kids already went through the passing fad of Silly Bands and, for some reason, continue their undying love of Justin Beiber.
But nothing lasts forever. Kid stars grow up, new toys become old and the most popular of popular products become laughable.
The things with Beanie Babies and Chia Pets, though, is that no one invests their money in those kinds of companies (unless you count the recent fad of Crocs (NASDAQ:CROX), of course).
But countless companies — ones that people do bet on — could suffer from some big societal shifts in the future. As a new generation grows up and takes over, some technologies will be so-last-decade, and many businesses may be out of a business plan.
Because down the line, people simply aren’t going to be doing these seven things: