How tech changes wiped out classic Thai businesses.

Watch How tech changes wiped out classic Thai businesses. - The Nation Thailand on Dailymotion

Transcript

00:00Remember when the video rental store was the place to be or when you could rent the phone

00:05by the minute? Well, all those businesses are now a thing of the past in Thailand.

00:10Video rental shops, once a favorite place for renting movies to watch at home. They have shut

00:15down as more people turn to online video streaming services. Phone rental booths,

00:20this business drive when the mobile phones were not yet widespread. However, with the mobile phone

00:26now being affordable personal devices, phone rental booths have become obsolete.

00:31CD and DVD sales. With the shift from physical media to digital downloads and streaming services,

00:37CD and DVD sales have dramatically dropped. It's a clear reminder of how quickly things can change

00:43in the world of business and how adaptation is the key to survival. But do you miss the charm of the good old days?