Deep Tech: 30,000 Startups Can’t Go Wrong (And Some Will Change Our Lives) – TheMoneyOffice

Look, I’m not a techie. So, when I got an email from my colleague and friend Antoine Kravitz about “Deep Tech”, my priority was to suppress and delete the delete key.It was a mistake. I now realize that Deep Tech will change our lives.To understand how much has changed, in 1989, when 34-year-old British computer scientist Tim Berners-Lee (now Sir Tim Berners-Lee) had a plan for global web changes, was access data restricted? And a small university of technology professionals working in the US Department of Defense, today called Communications Systems, Internet.

Unfortunately, I did not “delete” and checked out a few of Kourwich’s outbreaks and listened to the podcasts he suggested. I was thrown to the ground. It is not deep; If you think this is changing the big digital world, wait until you see what happens next. I was so curious, I arranged an appointment for a phone call (he works in Paris.). It provided another journey: Deep Tech now includes about 30,000 start-ups, none of which have the potential to change our lives.

If you are not familiar with the term, Deep Tech is a brand-by-brand that requires huge investment for a wide variety of new technologies that can take years to create and additional years to find ads. Seems like. Utilities (if any), and all possible transformers. Josh Manley, author of “Deep Technology-Diskette”, was featured as a game changer four years ago in a 2017 article (including electric vehicles, self-driving cars, and Zen therapy).

Since then, of course, we have seen other Deep Tech discoveries from laboratories: for example, the novel time Kovid-19 vaccine of plant-based “meats”, and “vaccine sites” were recorded by their great priests.

Like other new technologies developed over the decades, deep technological currency can have two aspects: it can have the same major positive impact on life or work – and can result in large-scale reductions in greenhouse gas – but they Can disrupt existing businesses, change prices, lose workers and replace them with crushed businesses. Take a look at the electric vehicle scene, where GM, Ford, Tesla, Volkswagen and Chinese players are all jogging for the position, with many additional challenges in the background.

Consider another example: the plant-based meat substitute I mentioned earlier. I have no idea how many years food scientists have tested in their labs to find the right combination of plant ingredients, spices, and other ingredients to fill the taste buds of hamburger lovers, but that never happened. whole night. I am interested because I am a vegetarian, like 15 million Americans.

So I was excited when Meat & Impossible Burger appeared beyond. (If you haven’t tried them yet, they are delicious, but my diet is a bit thick.) Instead of living animals, there is also a new option, called Memphis Meat, which is made from meat growing cells. The company aims to “feed 10 billion people by 2050”.

Think about what these two examples might mean. Animal farms are an important source of air and water pollution. According to researchers at the University of California, Davis, “livestock is the No. 1 source of greenhouse gases in agriculture in the world.” If you are concerned about climate change and most cars on the road do not consume electricity, imagine that the world has been us for a generation now, and most of the protein we eat is from alternative meat rather than animal meat. Here comes the game-changer.

Deep Tech is not the right game for everyone. Patience is required; You have to think long and hard. In most cases, it takes years, sometimes decades, from invention to market. You have to do a good job with others; Most deep technological innovations require an ecosystem of partners to run things. And ignore the cost. Deep tech innovation usually requires large investments, often involving public and private funding.

Since 30,000 start-up labs work, what kind of questions should leaders of large companies ask?Where should I play? Many companies that make the biggest mistake, Gorevich said to me, Deep Tech only has to see it as a technical problem, a solution to a problem. Instead, companies should see this as a new opportunity – to make a big play in climate change, energy, nutrition, public health, transportation or any other field.

Technology is implemented as the decision is made. Obvious question: how can this technology help us? Is it necessary to improve or change existing products and services, to become better players in a particular segment or to engage in new areas?

What are the current assets of my company (PhD, scientists, laboratory facilities); Whether we have a relationship, affiliation or partnership with any Deep Tech startup; What is needed to progress further?How do we get there? Does it need vision, courage and most importantly the capital of Elon Musk, Bill Gates or Jeff Bezos? Or can the CEO of a “normal” company play?

The important thing is to get started. GM CEO Mary Barra decided to drive everyone in electric vehicles. If GM decides to take the Deep Tech approach first instead of playing with Tesla, what else can they do? As Tesla has in mind, whether they view electric vehicles from a speed point of view or from an energy point of view, it opens up deep technology in the field of energy.Imagine being able to know what you knew about digital in the 1990s. Senior leaders need to think this while exploring the deep technical scene.