The most important technology trend(s) of the 2020s
rakesh.substack.com
Summary: 1. Hiring and Employee engagement 2. Remote communication 3. Online education - University independent 4. Entertainment - Binge-Worthy content 5. Close community interaction and communication (friends, family) Rationale: In the era of COVID, there was a sudden shift in what was actually perceived as valuable and in growth. For example, the rise of remote communication tools like Zoom, Microsoft Teams, Bluejeans paved the way for digital communication, online-classroom sessions, and even regular social interactions (Houseparty) during this time. This is an important indicator of how trends/fads tend to emerge on the demand of the situation instead of long term optimistic projections of scale. On the critical side, there is no evidence that these trends of online grocery ordering, remote communication and online social interaction of video, online education and binge-worthy entertainment will tend to last after the COVID quarantine period - but it will surely have a churning effect on the new users that have risen. I further predict that there will be a further need to stay in touch with the deeper bonds that people have formed with their friends & family during this time - this will give rise to further products that meet this need.
The most important technology trend(s) of the 2020s
The most important technology trend(s) of the…
The most important technology trend(s) of the 2020s
Summary: 1. Hiring and Employee engagement 2. Remote communication 3. Online education - University independent 4. Entertainment - Binge-Worthy content 5. Close community interaction and communication (friends, family) Rationale: In the era of COVID, there was a sudden shift in what was actually perceived as valuable and in growth. For example, the rise of remote communication tools like Zoom, Microsoft Teams, Bluejeans paved the way for digital communication, online-classroom sessions, and even regular social interactions (Houseparty) during this time. This is an important indicator of how trends/fads tend to emerge on the demand of the situation instead of long term optimistic projections of scale. On the critical side, there is no evidence that these trends of online grocery ordering, remote communication and online social interaction of video, online education and binge-worthy entertainment will tend to last after the COVID quarantine period - but it will surely have a churning effect on the new users that have risen. I further predict that there will be a further need to stay in touch with the deeper bonds that people have formed with their friends & family during this time - this will give rise to further products that meet this need.