Along the way, we will answer some key questions: Subsequent articles will examine how the revolution in nature co-design is taking shape and how the funding of emerging technologies will underpin their future. This article looks at how the great wave in deep tech is taking shape. All of these are critical players in the coming wave. Although these companies did remarkable work at unheard-of speed, they benefited from the work of many others, including governments, academia, venture capital, and big business. We witnessed the power of that ecosystem in the year just ended, as Moderna and the team of BioNTech and Pfizer separately took two COVID-19 vaccines from genomic sequence to market in less than a year. But even more significant are the convergences of technologies and of approaches that will accelerate and redefine innovation for decades to come.Īs technological advances move from the lab to the marketplace, and as companies form to pursue commercial applications, we see a number of similarities in how and why they are being developed-and a powerful ecosystem is taking shape to drive their development. The great wave encompasses artificial intelligence (AI), synthetic biology, nanotechnologies, and quantum computing, among other advanced technologies.
Its economic, business, and social impact will be felt everywhere because deep tech ventures aim to solve many of our most complex problems. Get ready for the great wave-the next big surge of innovation powered by emerging technologies and the approach of deep tech entrepreneurs. It is based on the new report, Deep Tech: The Great Wave of Innovation. This is the first of three pieces that build on our 2019 report, The Dawn of the Deep Tech Ecosystem. The CEO’s Dilemma: Business Resilience in a Time of Uncertainty.Technology, Media, and Telecommunications.
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