Start the conversation
The ongoing coronavirus pandemic has changed life as we know it. And even after we get through this – and believe me, we will – many aspects of our lives will completely change or be altered.
I'm talking about the way we dine out, the way we travel, the way we shop, the way we work and learn. The list goes on. Whether we like it or not, the global community will have to change some of their lifestyle habits to adapt to a pandemic-altered world.
But the good news is many tech startups will rise to face the challenges of the world's changing needs by offering solutions other companies simply can't.
Take education, for example.
Whether we were ready for it or not, 2020 is now the year of edtech – technology used to move education forward. According to The United Nations Educational, Scientific and Cultural Organization (UNESCO), more than 1.4 billion "learners" are stuck at home right now. And dozens of companies have stepped up to beam classes straight to your living room.
Many of these startups are seeing staggering increases in their user base numbers. While this level of growth is not sustainable, it has forced education ahead in many respects.
Edtech startups have had to scale at unprecedented rates to meet demand; meanwhile, teachers, students, and parents have had to fully immerse themselves in the latest technology just to continue meeting their goals.
In other words, COVID-19 has essentially pushed edtech's innovation timeline forward by five or 10 years – virtually overnight.
There are other sectors where tech startups could have invaluable impact, from health and biotechnology to the ways we meet and conduct business.
Today, I'm going to dig deep into some of these areas where tech startup firms could immensely help us in adapting to the global changes brought on by the coronavirus. These will be the areas most exciting – and successful – for investing…