Featured Article

5 startup theses that will transform the 2020s

From ‘wellness’ to ‘fundamentals,’ dozens of startup areas that will define our next decade

Comment

Image Credits: vm (opens in a new window) / Getty Images

I wrote a call to action for the tech community to dive deeper into the future of innovation this coming decade. Where are some of the hot spots going to come from though? Below, I have assembled a very loose set of five clusters broadly categorized into “wellness,” “climate,” “data society,” “creativity,” and “fundamentals” that offer some scaffolding for understanding what’s about to come this decade and how and any entrepreneur — really, any citizen — can start to build progress.

Let’s move beyond 2020 and start thinking about the 2020s

Take these ideas as inspirational — they aren’t limits, nor should the borders of these categories be seen as anything but liminal. I know in the daily cavalcade of news, it can be hard to feel inspired by the future. But do be! There is so much more coming this decade, that we may look back at the 2010s as the dark ages of innovation.

“Wellness”

Photo by Ian Forsyth/Getty Images

First, there is a cluster around “wellness.” That sometimes gets elided to just “mental health” and reduced to a prescription bottle, but this area really encompasses so much more than that. How do we build humanistic societies with strong social fabrics that enliven, enrich, and build meaning for our lives?

Yes, we’ve seen strong demand for wellness apps like Calm and Headspace. Exercise hardware like Peloton, Mirror and others along with platforms particularly around group classes have been a huge mainstay during this pandemic era. Mental health treatment itself is getting a makeover as startups reinvigorate the in-person therapist and psychiatrist visit as well as think about new models of delivering mental health services virtually. Even LSD is starting to make headways as a potentially useful tool, and psychedelics are going to be an interesting area to watch in the coming years.

All those areas still are ripe for innovation, yet, how do we go deeper and start to address the root causes of anguish and despair?

Take work, for instance. How do we make workers feel more secure and meaningful in a remote world where gig work makes up an increasing fraction of all employment? The precariousness of labor has a direct effect on wellness, and it’s going to take a much greater leap than a reclassification battle like in California this election cycle to make work “work” for all people. What can we do around stability of pay whether from employment or maybe programs like universal basic income to give people a sense of ownership over their destinies?

How do we start to create the bonds of neighborhoods and communities that hold people together and offer solace in times of despair? Part of this is improving the average town and making it more human-centric (that’s like 20 startups right there), but it also includes constructing more vibrant and expressive virtual worlds where we can find online neighborhoods that are safer than the dumpster fires we find on the web today.

Then there’s the health system in general. While America deservedly receives huge criticism for its overpriced and under-insured system, health systems worldwide face incredible pressures to improve efficiency. How do we make care better, more personalized, and more open? How do we reduce costs while ensuring that care is accurate and delivered expeditiously? There is huge work to be done to make health a key component.

To increase wellness for individuals, we need to increase wellness for our societies, building systems that are designed for the humans that inhabit them. Flexibility with security, engagement with individuality, expression with support. Our existing systems are already antiquated — and we haven’t come up with anything better.

This cluster is about asking “How does the world make us feel?”

“Climate”

Image Credits: Jacobs Stock Photography (opens in a new window) / Getty Images

The second cluster has to do broadly with the Earth, climate, crisis, and resilience. Climate change is real and not going away, and quite literally billions of people are going to feel its effects in the coming decades. Rising tides, massive hurricanes, power outages, wildfires, droughts and more are going to become part of our daily news vernacular.

Resiliency is not something that any one technology can offer, but innovation has huge potential to allow more of our systems to adapt to the changing nature of our world today.

First, we’ve seen massive changes to energy production that portend large shifts in how we generate power and transmit it to end users. Solar is cheaper than ever, and battery technologies are starting to become much more viable at grid-scale. There’s a huge amount of work to be done here of course around decentralized power generation, base power capacity, resilience, and ultimately, cost. Expect even more excitement here this decade.

We need to transform our infrastructure and built environment. That means everything from the materials we use (cement, for instance, is among the most environmentally destructive materials out there), to the ways we architect buildings, to the crews and technologies we use to build those buildings, to maintaining them after construction. On infrastructure, we need to dramatically lower costs, increase value, and build resilience into transportation, water, and other key utilities. We’ve got ambitious plans around tunnels, fast planes, space rockets, and more. There’s a lot more to explore here.

The West’s poor pandemic response demonstrates the need for new rapid-response organizational models. How do we respond better to rapidly shifting, catastrophic events? How can we rapidly evacuate 100,000 people from a city under threat from wildfires? Are there new UAVs, airframes or other technologies that can be rapidly mobilized to fix these problems? How can we build labor markets and networks that can rapidly deploy needed expertise in near real-time?

Then there is food ecology and agriculture. Food has a huge impact on climate, and is also one of the areas that appears hugely ripe (sorry!) for innovation. Whether it is pioneering meatless products, or more efficient watering methods, or improved crop yields, or diversifying the genetic basis of seeds and fruits, or creating new ways to build farms without causing desertification — there is an almost endless supply of good ideas happening here.

In short, this cluster is about “How can we make the world itself feel better?” It’s an ecological and systemic approach to our world that is — at least today — our only home.

“Data Society”

Photo by Andriy Onufriyenko via Getty Images

Remember when data was the new oil? Well, we now have so much data that it is all effectively worthless (supply and demand always seem to show up, don’t they?) While enterprise data infrastructure has improved at least the management of these databases, it’s still amazing how little data enriches our decisions, offers new avenues for analysis, and quite frankly, just makes our lives better on a day-to-day basis.

As I discussed yesterday about the “No-Code Generation,” the first step here is to rethink what education means for all of us going forward, from kindergartens through universities and into continuing education. Facility with computers, critical thinking in terms of data, complexity, and systems, and competence in statistics are now the basic building blocks in most fields outside the arts (and even there, that’s increasingly changing). How can we use data to inform learning, and use learning to increase our competence with data? How can we help everyone become media and data literate, understanding what is real and what is not, while also empowering each of us to do our own analysis?

Data may be ubiquitous, but it’s amazing how much work it can still be to calculate an LTV, or the return on an advertising campaign. No-code tools solve some of these problems, but what we need is a whole revolution in our data tools. We need to be able to sketch out lines of inquiry and have our tools augment our thinking from data. What are we missing? What gaps in our thinking should we be filling in? What data am I lacking to make a fully-formed decision? Am I overly biased toward one statistic versus a more holistic depiction of my situation? From personal decisions to business strategy, we need better tools to abstract the complexity of today’s modern society.

We also need better thinking around how to network knowledge. Roam Research and some other tools are starting to get better at helping users think in terms of a knowledge graph, but there is an incredible amount of potential if these ideas can be democratized and packaged into easier-to-use interfaces. How do we handle the increasing depth of most fields of knowledge and allow more people to get to the frontiers as quickly as possible?

Finally, we need to further our understanding of complexity and chaos and build those theories into the fundamental structures of our society. How do we make governance more adaptable and resilience, so that when massive crises like COVID-19 happen, we don’t see a complete breakdown in our society? Can we create more flexible systems around ownership and property that can create more diverse housing, or material ownership, or intellectual property? Empowering technology (“blockchain!” but could be all kinds of things) coupled with legal changes could dramatically evolve these core elements of our society.

Even today, we are still locked into a mental model built around paper, titles, and maybe if you are lucky, an Excel spreadsheet. There is so much work to be done to empower each of us through data this decade.

In short, the question being answered here is “How do we know what we know?”

“Creativity”

Photo by Fabrizio Crippa/Archivio Fabrizio Crippa/Mondadori via Getty Images

Creativity has never been more important, nor frankly less valued. Outside of the stratospheric stars in the creative arts, everyone else makes less money from music, books, movies, illustrations — you name it — than ever before. We’ve democratized the arts, and in the process, have stagnated them and also made them impervious to new entrants looking to make a career in these crafts.

How do we cultivate each person as a unique individual at a time when an increasingly globalized consumer culture ensures that all of us have identical phones and apps in our pockets? How do we protect unique and differentiated concepts from being subsumed from the most popular ideas that rage like wildfire across our feeds?

Creativity directly relates to wellness, since it gets at the meaning of why we are all on this planet to begin with. As more and more of our creative experiences are intermediated by algorithms, creativity directly interacts with data in ways that have huge effects on our artistic energies and sense of progress.

There is so much to be done here, and the 2020s are going to be a wellspring of new ideas. First and foremost, how do we begin to improve recommendation systems to move beyond driving you down narrowing rabbit holes, and instead expanding you into adjacent and whole new fields of ideas? How can, say, YouTube begin to understand you as a holistic person with diverse interests and tastes, and actively surprise you with novel ideas that build on concepts you might have seen before. Algorithms for better or worse aren’t going to go away, but they can be massively improved to enrich our lives further.

How do we empower more creative arts and ensure that artists (very broadly conceived) have the income, time, and support they need to contribute original art to our global discourse? Making great work takes time — an extremely precious commodity these days where audience attention is the only metric that matters in many fields. How can we build the financial infrastructure to allow more people to take risks around art? How can we give more people seven years to write their magnum opus, or to sculpt those shapes that have been lingering in their heads their whole lives? We all appreciate this art when we see it, but how do we ensure its creation stays viable?

Another angle on this is that apprenticeships have broken down in many fields as professionalization has kicked in. Artists of yore who might have started in a studio working with an expert are now taught by faculty in professional degree programs. How do we rethink the transfer of tacit knowledge from one generation to the next? How do we even capture that tacit knowledge in a format that allows it to be shared? You can’t learn painting from reading Wikipedia, but that doesn’t mean that there aren’t new ways to transmit this knowledge.

Along this line, what kind of authoring tools can we build this decade that help more people down the path to creativity? We have seen an incredible number of tools come out, from podcast and audio production, to film, and even story editing, that have helped make these fields more accessible. What’s next? Are there ways of helping people develop their own artistic habits and push them to greatness?

Finally, there is the question of breaking up some of the largest and most homogenous digital systems in creativity. Should we use antitrust laws to break up some of the cultural monopolies that hold our society captive? If we had dozens of video sites, or dozens of online bookstores, or dozens of music streaming services, could we empower more innovation, diversity, and cultures of expression? What are we leaving behind with singular scaled solutions?

Culture is so important to how we connect with the world. Building on the basic tools founded in the last decade can help all of us make tremendous strides in how we connect to the world.

In short, this cluster asks “How do we make?”

“Fundamentals”

Photo by janiecbros via Getty Images

We’re now at the final cluster, and it’s arguably the most important.

The technologies that drive our modern world — the internet, GPS for location, and more — were developed in the post-war era from the 1950s to the 1970s. There are endless statistics about how fundamental research has flagged in recent decades, leading to a huge debate on whether we are reaching the so-called end of growth.

I don’t believe we are done growing, but I also don’t believe we have been investing in fundamental science the way we need to if we want another generation of technologies to commercialize and mature.

Perhaps similar to creativity, science has become “productive.” Too many useless papers are submitted, too much administrative overhead constrains our top scientists from doing their best work, and far too much time is wasted on duplicate experiments or research that would be better spent on novel problems or lines of attack.

We need a massive infusion of new ideas around how to build the best engine for fundamental research and discovery.

This comes from a number of different vectors. We need better tools to handle “Big Science” projects — the linear accelerators, fusion reactors, and other massive, multi-billion dollar projects that increasingly dot the frontiers of science. Can we build more of these projects? Are there ways of building more of them faster and cheaper? Can we further collaborate across regions and nations to share the burden of these projects?

We also need to empower the individual scientist to explore the world on our behalf. “Science” is not something that needs to be conducted solely within the rarefied world of ivy-covered university walls. Citizen scientists may have been waylaid in the past few decades, but many of the most important advances in history have come from individuals working in solitude. What can we build to help empower more people to make their own discoveries?

I talked about “The Dual PhD problem” a few weeks ago, but how do we connect more disparate fields of knowledge together to find new syntheses that might improve our understanding? More and more innovation is happening in the interstices between domains — how can we help more people find those opportunities and get there quickly?

Finally, can we innovate on how we fund science to open it up to more people, institutions, countries, and societies? Today, most fundamental research is sponsored by government institutions, but that can’t be the only mechanism to underwrite these positive externalities. What’s the right level of funding, can we allocate it better, and can more people add their own commitments to the process?

In short, this final cluster gets at “How do we discover?”


Collectively, these five domains — wellness, climate, data society, creativity, and fundamentals — are big, amorphous, vague yet rich with opportunity and potential. Some ideas are going to be easily monetizable. Some are not going to be capitalized at all. Some of these areas need laws and culture change, others need new software. But all of them ask not just what to build, but why our society needs it built, and that might just be the most important question required for the 2020s.

More TechCrunch

The fresh funds were raised from two investors who transferred the capital into a special purpose vehicle, a legal entity associated with the OpenAI Startup Fund.

OpenAI Startup Fund raises additional $5M

Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market.

Accel has a fresh $650M to back European early-stage startups

Kyle Vogt, the former founder and CEO of self-driving car company Cruise, has a new VC-backed robotics startup focused on household chores. Vogt announced Monday that the new startup, called…

Cruise founder Kyle Vogt is back with a robot startup

When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and…

From Miles Grimshaw to Eva Ho, venture capitalists continue to play musical chairs

On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own.…

Anthropic is expanding to Europe and raising more money

If you’re looking for a Starliner mission recap, you’ll have to wait a little longer, because the mission has officially been delayed.

TechCrunch Space: You rock(et) my world, moms

Apple devoted a full event to iPad last Tuesday, roughly a month out from WWDC. From the invite artwork to the polarizing ad spot, Apple was clear — the event…

Apple iPad Pro M4 vs. iPad Air M2: Reviewing which is right for most

Terri Burns, a former partner at GV, is venturing into a new chapter of her career by launching her own venture firm called Type Capital. 

GV’s youngest partner has launched her own firm

The decision to go monochrome was probably a smart one, considering the candy-colored alternatives that seem to want to dazzle and comfort you.

ChatGPT’s new face is a black hole

Apple and Google announced on Monday that iPhone and Android users will start seeing alerts when it’s possible that an unknown Bluetooth device is being used to track them. The…

Apple and Google agree on standard to alert people when unknown Bluetooth devices may be tracking them

The company is describing the event as “a chance to demo some ChatGPT and GPT-4 updates.”

OpenAI’s ChatGPT announcement: Watch here

A human safety operator will be behind the wheel during this phase of testing, according to the company.

GM’s Cruise ramps up robotaxi testing in Phoenix

OpenAI announced a new flagship generative AI model on Monday that they call GPT-4o — the “o” stands for “omni,” referring to the model’s ability to handle text, speech, and…

OpenAI debuts GPT-4o ‘omni’ model now powering ChatGPT

Featured Article

The women in AI making a difference

As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers —in the field of AI.

10 hours ago
The women in AI making a difference

The expansion of Polar Semiconductor’s facility would enable the company to double its U.S. production capacity of sensor and power chips within two years.

White House proposes up to $120M to help fund Polar Semiconductor’s chip facility expansion

In 2021, Google kicked off work on Project Starline, a corporate-focused teleconferencing platform that uses 3D imaging, cameras and a custom-designed screen to let people converse with someone as if…

Google’s 3D video conferencing platform, Project Starline, is coming in 2025 with help from HP

Over the weekend, Instagram announced it is expanding its creator marketplace to 10 new countries — this marketplace connects brands with creators to foster collaboration. The new regions include South…

Instagram expands its creator marketplace to 10 new countries

You can expect plenty of AI, but probably not a lot of hardware.

Google I/O 2024: What to expect

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: How to watch

Four-year-old Mexican BNPL startup Aplazo facilitates fractionated payments to offline and online merchants even when the buyer doesn’t have a credit card.

Aplazo is using buy now, pay later as a stepping stone to financial ubiquity in Mexico

We received countless submissions to speak at this year’s Disrupt 2024. After carefully sifting through all the applications, we’ve narrowed it down to 19 session finalists. Now we need your…

Vote for your Disrupt 2024 Audience Choice favs

Co-founder and CEO Bowie Cheung, who previously worked at Uber Eats, said the company now has 200 customers.

Healthy growth helps B2B food e-commerce startup Pepper nab $30 million led by ICONIQ Growth

Booking.com has been designated a gatekeeper under the EU’s DMA, meaning the firm will be regulated under the bloc’s market fairness framework.

Booking.com latest to fall under EU market power rules

Featured Article

‘Got that boomer!’: How cybercriminals steal one-time passcodes for SIM swap attacks and raiding bank accounts

Estate is an invite-only website that has helped hundreds of attackers make thousands of phone calls aimed at stealing account passcodes, according to its leaked database.

15 hours ago
‘Got that boomer!’: How cybercriminals steal one-time passcodes for SIM swap attacks and raiding bank accounts

Squarespace is being taken private in an all-cash deal that values the company on an equity basis at $6.6 billion.

Permira is taking Squarespace private in a $6.9 billion deal

AI-powered tools like OpenAI’s Whisper have enabled many apps to make transcription an integral part of their feature set for personal note-taking, and the space has quickly flourished as a…

Buy Me a Coffee’s founder has built an AI-powered voice note app

Airtel, India’s second-largest telco, is partnering with Google Cloud to develop and deliver cloud and GenAI solutions to Indian businesses.

Google partners with Airtel to offer cloud and GenAI products to Indian businesses

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch has been publishing a series of interviews focused on remarkable women who’ve contributed to…

Women in AI: Rep. Dar’shun Kendrick wants to pass more AI legislation

We took the pulse of emerging fund managers about what it’s been like for them during these post-ZERP, venture-capital-winter years.

A reckoning is coming for emerging venture funds, and that, VCs say, is a good thing

It’s been a busy weekend for union organizing efforts at U.S. Apple stores, with the union at one store voting to authorize a strike, while workers at another store voted…

Workers at a Maryland Apple store authorize strike