Arnobio Morelix, Inc.'s chief data scientist and chief innovation officer of San Fransisco-based Startup Genome, from his forthcoming book
"Over half of Fortune 500 companies were created in a recession, an impressive number. And even if you look at the Great Recession, we had over 50 unicorns created during that time. So there's a ton of opportunity during periods of adversity. In the present moment, this specially helps digital businesses.
There are a lot of new, tech-enabled markets and products that will dominate our daily lives in the future. For example, we're seeing new technological implementations these days that probably would have taken years to roll out without the the pandemic, including touchless and cashier-less transactions at stores, automated toll booths (a technology that existed for years but has just now been completely implemented in the Bay Area, for example), small family restaurants and stores with digital interfaces for ordering. (Don't expect to be given reusable menus at your favorite neighborhood cafe any time soon.)"
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