At the same time, technology was also becoming more personal and portable. Apple sold its first iPod in 2001, and six years later it introduced the iPhone, which ushered in a new era of personal technology. These changes led to a world in which technology touches nearly everything we do.
Another expanding area for young tech firms today is food systems innovation. Many firms, like Aleph Farms and Air Protein, are creating innovative meat and dairy alternatives that are much greener than their traditional counterparts.
Many companies are also focusing their healthcare tech on patients, rather than doctors. For example Ada, a symptom checker app, used to be designed for doctor’s use but has now shifted its language and interface to prioritize giving patients information on their symptoms. Other companies, like 7 cups, are focused are offering mental healthcare support directly to their users without through their app instead of going through existing offices.
The World Economic Forum was the first to draw the world’s attention to the Fourth Industrial Revolution, the current period of unprecedented change driven by rapid technological advances. Policies, norms and regulations have not been able to keep up with the pace of innovation, creating a growing need to fill this gap.
In the early 2000s, many companies were at the start of their recovery from the bursting dotcom bubble. Since then, we’ve seen a large expansion in the way tech innovators approach areas such as new media, climate change, healthcare delivery and more.
This content was originally published here.