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12 Fun Facts About Electric Vehicles That Will Have You Running to the Dealership

May 31, 2024 by Stephen Kanaval Leave a Comment

Electric vehicles (EVs) are no longer a futuristic dream; they are very much a part of our present reality. With advancements in technology and increasing environmental awareness, EVs are becoming more popular than ever. Here are 12 fun facts about electric vehicles that will make you want to head to the dealership right away.

1. Lightning-Fast Acceleration

One of the most thrilling aspects of driving an EV is the instant torque. Unlike traditional combustion engines, electric motors deliver power immediately, allowing for rapid acceleration. This means EVs can often outperform their gas-guzzling counterparts in terms of speed. Imagine the thrill of going from 0 to 60 mph in just a few seconds. It’s no wonder many sports car enthusiasts are turning to electric models for that adrenaline rush.

2. Lower Maintenance Costs

Electric vehicles have significantly fewer moving parts compared to traditional internal combustion engine vehicles. This results in lower maintenance costs since there’s no need for oil changes, spark plugs, or complex engine repairs. With fewer components to wear out, EVs tend to have a longer lifespan. This translates to fewer trips to the mechanic and more savings in your pocket over time.

3. Environmentally Friendly

Driving an EV significantly reduces your carbon footprint, contributing to a cleaner and healthier environment. Electric vehicles produce zero tailpipe emissions, which means no harmful pollutants are released into the air. This makes them a much greener choice compared to traditional gasoline or diesel cars.

Additionally, the production and recycling processes for EV batteries are becoming more eco-friendly, further minimizing their environmental impact. Many EV owners also choose to power their vehicles with renewable energy sources such as solar or wind power, which enhances their green credentials. By making the switch to an EV, you are not only supporting cleaner air but also promoting a sustainable future for generations to come.

4. Expanding Charging Infrastructure

One of the main concerns for potential EV buyers is the availability of charging stations. However, the EV charging infrastructure is rapidly expanding to meet the growing demand. Many cities now boast an extensive network of public charging stations, making it easier than ever to charge your vehicle on the go.

Advancements in home charging solutions also provide convenient options for overnight charging. Furthermore, the number of fast chargers, which can significantly reduce charging time, is on the rise. This growing infrastructure is making long road trips in an EV more practical and less stressful. With each passing year, the convenience of owning an electric vehicle is only increasing.

5. Variety of Models and Prices

The electric vehicle market has evolved tremendously, offering a wide range of models to suit different preferences and budgets. Whether you’re in the market for a compact city car, a spacious family-friendly SUV, or a high-performance sports car, there’s an EV that fits your needs. Automakers are continuously introducing new models with advanced features and improved ranges.

As technology advances and production scales up, the cost of EVs is becoming more affordable. There are now many budget-friendly options available, making it easier for everyone to make the switch to electric. This variety ensures that there is an electric vehicle for every lifestyle and budget.

6. Innovative Technology Features

Electric vehicles are often equipped with the latest technology and safety features, setting them apart from traditional cars. From advanced driver-assistance systems that enhance safety to cutting-edge infotainment setups that keep you connected, EVs are at the forefront of automotive innovation.

Many electric cars also come with unique features like regenerative braking, which helps recharge the battery while driving, improving overall efficiency. Mobile apps allow you to monitor and control your vehicle remotely, adding an extra layer of convenience. These technological advancements make driving an EV not only safer but also more enjoyable and efficient.

7. Government Incentives

To encourage the adoption of electric vehicles, many governments offer a range of incentives that make purchasing an EV more attractive. These can include tax credits, rebates, and reduced registration fees, significantly lowering the initial cost of an EV.

In some regions, EV owners also enjoy perks like access to carpool lanes, free or discounted parking, and exemption from certain tolls. These incentives can make a substantial difference in the overall cost of ownership, making EVs a more appealing option. By taking advantage of these benefits, you can enjoy both financial savings and the satisfaction of supporting a cleaner environment.

8. Quiet Driving Experience

One of the most noticeable differences when driving an electric vehicle is the noise or lack thereof. Without the noise of a combustion engine, EVs offer a serene driving experience. The absence of engine vibration also contributes to a smoother ride, making your journeys more comfortable.

This quiet operation is not only pleasant for the driver and passengers but also reduces noise pollution in urban areas. The smooth and silent drive of an EV can make your daily commute a more enjoyable and relaxing experience, enhancing your overall quality of life.

9. Lower Energy Costs

Charging an electric vehicle is generally cheaper than fueling a gasoline-powered car, leading to significant savings over time. Electricity prices are more stable and predictable compared to the often volatile fuel prices. Many EV owners benefit from lower electricity rates when charging during off-peak hours, further reducing energy costs.

Some regions offer special EV charging rates or incentives to encourage the use of electric vehicles. Over the long term, the savings on fuel can add up, making EVs a cost-effective choice for budget-conscious drivers. By switching to an electric vehicle, you can enjoy lower operating costs and a more predictable energy budget.

10. Performance in All Weather Conditions

Contrary to some misconceptions, electric vehicles perform well in various weather conditions. Modern EVs are designed to handle both cold and hot climates efficiently, thanks to advances in battery technology and thermal management systems. These systems ensure that EVs can deliver reliable performance regardless of the weather.

Many electric models also offer all-wheel drive options, enhancing their capability in challenging conditions such as snow or rain. This adaptability makes EVs a practical choice for drivers in diverse climates, providing confidence and peace of mind no matter the season.

11. Contribution to Energy Independence

By driving an electric vehicle, you’re supporting a shift towards energy independence. EVs can be powered by domestically produced electricity, reducing reliance on imported oil and contributing to national energy security. This shift has significant economic benefits, as it helps keep energy spending within the country and supports local energy production.

Using renewable energy sources to power EVs further amplifies this positive impact, promoting a sustainable and self-sufficient energy future. Supporting the growth of the EV market and renewable energy industries helps create a more resilient and independent energy landscape.

12. The Cool Factor

Let’s face it, driving an electric vehicle is just plain cool. With their sleek designs, futuristic features, and eco-friendly appeal, EVs turn heads everywhere. Being an early adopter of this transformative technology also places you at the forefront of a significant automotive revolution. Embrace the cool factor and enjoy the admiration that comes with driving an electric vehicle.

The Future of Transportation

With all these compelling reasons, it’s clear that electric vehicles are more than just a passing trend, they’re the future of transportation. If these fun facts have piqued your interest, why not take the next step? Visit your local dealership, take a test drive, and experience the electric revolution for yourself. Your next car might just be an EV that offers excitement, savings, and a positive impact on the planet.

Stephen Kanaval

Stephen began his career as a Research Assistant at a reputable middle-market private equity firm, where he honed his skills in market research, financial analysis, and identifying investment opportunities. He then transitioned to full-time financial writing focusing on small-cap biotech innovation and digital payment solutions. Today, Stephen is a value-based retail investor and novice baseball statistician.

12 Products That Are All the Rage in Silicon Valley

May 27, 2024 by Toi Williams Leave a Comment

Silicon Valley, the epicenter of technology and innovation, is home to some of the most exciting and groundbreaking products on the market. From the latest gadgets to revolutionary software, the products that gain traction here often set trends worldwide. Let’s take a look at 12 products that are currently all the rage in Silicon Valley. These products have captured the imagination of tech enthusiasts and industry leaders alike.

1. Tesla’s Electric Vehicles

Tesla Supercharger station beside a parked black car — via 123RF

Tesla continues to dominate the electric vehicle (EV) market with its innovative cars that combine luxury, performance, and sustainability. The Model 3, Model S, and Model X are highly sought after in Silicon Valley, known for their impressive range, cutting-edge technology, and autopilot capabilities. Beyond personal transportation, Tesla’s advancements in battery technology and its vision for a fully autonomous driving future make its vehicles a symbol of the technological prowess and environmental consciousness prevalent in Silicon Valley.

2. SpaceX’s Starlink

Communications satellite orbiting above a nighttime Earth — via 123RF

Starlink, a satellite internet constellation project by SpaceX, aims to provide high-speed internet access across the globe, especially in remote and underserved areas. In Silicon Valley, Starlink is celebrated for its potential to bridge the digital divide and bring reliable internet to every corner of the world. With its innovative approach to satellite technology, Starlink is not only transforming the internet landscape but also reinforcing SpaceX’s reputation as a leader in space exploration and technology.

3. Apple’s MacBooks

Apple MacBook Pro open on a wooden table — via 123RF

Apple’s latest MacBooks have taken the tech world by storm. Offering unprecedented speed, efficiency, and battery life, the MacBooks are perfect for Silicon Valley professionals who demand high performance for their computing needs. These laptops represent a significant shift in the industry, as Apple moves away from Intel processors to its own silicon, further showcasing Silicon Valley’s commitment to innovation and technological advancement.

4. VR Headsets

Smiling couple wearing white VR headsets — via 123RF

Standalone virtual reality headsets are revolutionizing the VR industry. With its affordable price, impressive specs, and ease of use, VR headsets have become favorite gadgets among tech enthusiasts and developers in Silicon Valley. The VR headset offers immersive experiences for gaming, virtual meetings, and interactive simulations, highlighting Silicon Valley’s passion for pushing the boundaries of technology and exploring new digital frontiers.

5. Peloton Bikes

Rows of indoor cycling bikes in a sunlit studio — via 123RF

Peloton’s popular at-home exercise bike features enhanced connectivity, a rotating screen, and improved integration with fitness apps. In Silicon Valley, where health and wellness are paramount, the Peloton bike has become a staple in many homes and offices. This fitness product combines physical activity with advanced technology, offering live and on-demand classes that cater to busy professionals seeking convenient and effective workout solutions.

6. Ring’s Smart Home Security

Hand holding a phone with a smart home control app in a bright room — via 123RF

Ring, a leader in smart home security, continues to innovate with its range of video doorbells, security cameras, and alarm systems. In Silicon Valley, where home automation is highly valued, Ring’s products are essential for enhancing security and peace of mind. Ring’s integration with other smart home devices and its user-friendly app makes it easy for homeowners to monitor and manage their properties remotely. This exemplifies the convenience and efficiency expected in a tech-forward community.

7. Fitbit Smartwatches

Runner wearing a smartwatch while tying a sneaker — via 123RF

The Fitbit health-focused smartwatch offers advanced tracking for heart rate, stress, sleep, and even electrodermal activity (EDA). In Silicon Valley, where health tech is rapidly evolving, smartwatches are embraced for their comprehensive health monitoring capabilities. These smartwatches not only provide insights into physical health but also encourage mindfulness and stress management. This aligns with Silicon Valley’s holistic approach to wellness and technology.

8. Google Nest Hub

Hand holding a phone showing a smart home thermostat app — via 123RF

The Google Nest Hub is a smart display that offers seamless integration with Google Assistant, smart home devices, and entertainment services. In Silicon Valley, the Nest Hub is popular for its ability to control various aspects of the smart home ecosystem effortlessly. With features like sleep tracking, personalized routines, and high-quality sound, the Nest Hub exemplifies convenience and interconnectedness. This technology defines the modern smart home experience in Silicon Valley.

9. Zoom Video Communications

Business team waving at colleagues on a laptop video call — via 123RF

Zoom has become an indispensable tool for remote work, education, and virtual gatherings. In Silicon Valley, where remote work is prevalent, Zoom’s reliable video conferencing platform is crucial for maintaining productivity and communication. Zoom’s continuous innovation, including features like virtual backgrounds, breakout rooms, and improved security, has solidified its status as a leading solution for virtual collaboration. The technology also reflects Silicon Valley’s adaptive and forward-thinking culture.

10. Neuralink

Glowing digital brain hovering above a woman's head, a brain-computer interface concept — via 123RF

Neuralink, Elon Musk’s brain-machine interface company, is at the forefront of merging human cognition with artificial intelligence. While still in development, Neuralink’s technology aims to enable direct communication between the brain and computers, promising to revolutionize medical treatments and human augmentation. In Silicon Valley, Neuralink is a topic of fascination and debate. It represents the cutting edge of biotechnology and AI integration, and the bold aspirations of the tech community to enhance human capabilities.

11. Robinhood Trading App

Hands holding a phone displaying a candlestick stock chart — via 123RF

Robinhood has democratized investing by offering commission-free trades of stocks, options, and cryptocurrencies through its user-friendly mobile app. In Silicon Valley, where financial technology (fintech) innovation thrives, Robinhood is celebrated for making investing accessible to a broader audience. The app’s intuitive interface, real-time market data, and educational resources empower users to make informed investment decisions, aligning with Silicon Valley’s ethos of leveraging technology to democratize opportunities.

12. Impossible Foods

Burger patty topped with red onion beside arugula and tomato on a slate board — via 123RF

Impossible Foods is leading the plant-based food revolution with its meat alternatives that taste and cook like real meat. In Silicon Valley, where sustainability and innovation go hand in hand, Impossible Foods has gained a significant following among those looking to reduce their environmental footprint. The company’s use of food science to create sustainable and delicious meat alternatives highlights the region’s commitment to addressing global challenges through innovative solutions.

Embracing Innovation and Sustainability

Facebook thumbs-up sign at 1 Hacker Way in Silicon Valley — via 123RF

Silicon Valley remains a beacon of technological innovation and forward-thinking solutions. The products making waves in this tech hub not only showcase cutting-edge advancements but also reflect the values of sustainability, health, and accessibility. As these trends continue to evolve, Silicon Valley will undoubtedly remain at the forefront of bringing transformative products to the global market. Whether through groundbreaking tech gadgets or revolutionary health and wellness solutions, the future looks bright and innovative in this dynamic region. [Read more…]

Toi Williams

Toi Williams began her writing career in 2003 as a copywriter and editor and has authored hundreds of articles on numerous topics for a wide variety of companies. During her professional experience in the fields of Finance, Real Estate, and Law, she has obtained a broad understanding of these industries and brings this knowledge to her work as a writer.

Behind-the-Scenes:17 Jobs You Didn’t Know Existed in Your Favorite Industries

May 27, 2024 by Teri Monroe Leave a Comment

Ever wondered who’s behind the magic in your favorite industries? From entertainment to technology, there’s a whole world of fascinating jobs that you didn’t know existed. Get ready to be amazed as we uncover 17 incredible behind-the-scenes jobs that play a vital part in making your favorite products and experiences come to life.

1. Digital Archaeologist

jobs you didn't know existed digital archeologist — 123rf

Ever heard of someone digging through digital archives to restore old websites or software? This may be one of the jobs you didn’t know existed, a digital archaeologist. Digital archaeologists are modern-day explorers delving into the depths of the internet’s past, uncovering forgotten websites, software, and digital artifacts. Armed with a keen eye for detail and a knack for digital sleuthing, they sift through virtual archives to piece together the digital history of our online world. Through their efforts, they preserve and resurrect valuable pieces of internet culture, ensuring that the digital footprints of the past are not lost to the sands of time.

2. Sensory Designer

Want to evoke emotions through design? Enter the sensory designer, crafting experiences that appeal to all five senses. They meticulously consider every sensory detail, from the texture of a product to the aroma of a space, to evoke specific emotions and enhance user engagement. For example, many museums are using sensory designers to create interactive exhibits for guests. By harnessing the power of multisensory design, they create immersive experiences that leave a lasting impact on consumers and users alike.

3. Ethical Hacker

jobs you didn't know existed ethical hacker — 123rf

Not all hackers are villains! Ethical hackers work to uncover vulnerabilities in systems and software, helping companies stay one step ahead of cyber threats. Ethical hackers are also helping drive innovation and come up with new ideas by using their skills. Ever heard of a Hack-a-thon? This is where hackers gather together to all help a collective cause.

4. Color Psychologist

Believe it or not, colors can have a profound impact on our emotions and behavior. Color psychologists study the psychological effects of different hues and advise businesses on color choices for branding and marketing. Color psychologists delve deep into the psychological effects of different hues, studying how colors influence human emotions, behaviors, and perceptions. Their expertise helps create visually compelling experiences that resonate with audiences on a subconscious level, leaving a memorable impression and driving desired outcomes.

5. Space Junk Custodian

Did you know, space agencies employ individuals to track and manage space junk? Today, thousands of tons of debris including old satellites and rocket capsules orbit the Earth. Using advanced tracking systems and predictive algorithms, space junk custodians monitor the movements of thousands of objects, from defunct satellites to discarded rocket stages, to mitigate the risk of collisions. Their efforts help safeguard valuable space infrastructure and ensure the continued exploration and utilization of outer space.

6. Voice User Interface Designer

Ever talked to Siri or Alexa? Behind these virtual assistants are voice user interface designers, responsible for creating intuitive and user-friendly voice interactions. They combine expertise in linguistics, psychology, and design to create intuitive and user-friendly voice interactions that mimic natural conversation. By understanding user needs and behaviors, they develop interfaces that seamlessly integrate speech recognition, natural language processing, and personalized responses, enhancing user experiences across a variety of platforms and devices. Their innovative designs empower users to interact with technology effortlessly, opening up new possibilities for hands-free communication and productivity.

7. Futurist

Want to predict the future? That’s the job of a futurist. Although one of the many jobs you didn’t know existed in tech, futurists are essential to progress. They analyze trends and emerging technologies to forecast how society, business, and technology will evolve in the years to come. By identifying opportunities and challenges on the horizon, they help organizations adapt and thrive in an ever-changing landscape, shaping strategies for innovation, growth, and sustainability. Futurists play a crucial role in driving forward-thinking decision-making and preparing for the future in an uncertain world.

8. Culinary Scientist

Food meets science in the realm of culinary scientists, who experiment with ingredients, textures, and techniques to create innovative culinary experiences. Culinary scientists blend the art of cooking with the precision of science, exploring the chemical reactions and physical properties of food to create innovative culinary experiences. By understanding the science behind food, they can enhance flavors, improve nutritional value, and extend shelf life, shaping the future of gastronomy and food production. Their research and innovation contribute to advancements in food science, catering to evolving tastes and dietary preferences while pushing the boundaries of culinary creativity.

9. Professional Sleeper

Yes, you read that right! Professional sleepers are hired by mattress companies to test the comfort and durability of their products through extensive sleep trials. For this behind-the-scenes job, individuals spend hours lying on various mattresses, assessing factors such as firmness, support, and pressure relief. Their feedback helps manufacturers refine their designs and develop mattresses that promote better sleep quality and comfort for consumers. It’s a dream job for those who love to snooze, but it also plays a crucial role in ensuring that people get a good night’s rest on the right mattress.

10. Remote Sensing Specialist

Ever wondered how satellites capture images of Earth from space? Remote sensing specialists analyze and interpret satellite data to monitor environmental changes, map terrain, and more. They use advanced techniques to interpret images and measurements, providing valuable insights into environmental changes, natural disasters, and land use patterns. By monitoring everything from deforestation to urban sprawl, they contribute to our understanding of global phenomena and help inform decision-making in fields such as urban planning, agriculture, and environmental conservation. Their work is instrumental in addressing pressing issues like climate change and resource management on a global scale.

11. Chief Listening Officer

In the age of social media, companies hire chief listening officers to monitor online conversation. Chief listening officers gather valuable insights into customer sentiment, preferences, and trends. By actively listening to what customers are saying on social media, forums, and review platforms, they provide valuable feedback to inform business strategies and decision-making processes. Their role is essential in maintaining a strong brand reputation, fostering customer loyalty, and staying ahead of competitors in today’s digital landscape.

12. Cryptocurrency Evangelist

cryptocurrency behind-the-scenes jobs — 123rf

With the rise of cryptocurrencies like Bitcoin and Ethereum, there’s a growing need for behind-the-scene jobs. One such job is cryptocurrency evangelists who advocate for their adoption and educate the public about blockchain technology. They educate the public about blockchain technology and its potential to revolutionize finance, decentralize systems, and empower individuals. Through seminars, workshops, and online content, they spread awareness about the benefits of cryptocurrencies and promote their use in everyday transactions. Cryptocurrency evangelists play a key role in driving mainstream acceptance and adoption of digital assets, paving the way for a decentralized future.

13. Virtual Reality Experience Designer

virtual reality behind-the-scenes jobs — 123rf

Step into a world of virtual reality. One of the jobs you probably didn’t know existed, virtual experience designers, create immersive virtual environments for gaming, training, therapy, and more. Virtual reality experience designers combine elements of storytelling, game design, and user interaction to craft compelling VR experiences. By leveraging cutting-edge technology and innovative design techniques, they transport users to virtual worlds where they can explore, learn, and interact in ways that were once unimaginable. Their work pushes the boundaries of creativity and technology, shaping the future of entertainment and human-computer interaction.

14. Bioacoustics Engineer

Ever wondered how scientists study animal communication? Bioacoustics engineers use sound analysis to study animal vocalizations and behavior, shedding light on the natural world’s mysteries. Using specialized equipment and software, they analyze acoustic data to identify species, monitor biodiversity, and track environmental changes. By studying the intricate soundscape of ecosystems, they contribute valuable insights into animal behavior, population dynamics, and habitat health. As far as jobs you didn’t know existed, bioacoustics engineers are crucial to our understanding of the natural world’s complexity and interconnectedness.

15. Digital Detox Specialist

In our hyperconnected world, digital detox specialists help individuals and organizations unplug and find balance by disconnecting from screens and technology. They design and implement programs and strategies to help people reduce screen time, manage digital distractions, and cultivate healthy tech habits. Through workshops, retreats, and coaching sessions, they encourage mindfulness, relaxation, and offline activities to improve mental well-being and productivity. Their job, that you probably didn’t know existed, addresses the growing concerns of digital overload and fosters a healthier relationship with technology in today’s digitally saturated society.

16. User Experience Architect

jobs you didn't know existed user experience architect — 123rf

User experience architects design digital interfaces that are intuitive, seamless, and enjoyable to use, enhancing the overall user experience across websites, apps, and software. By considering factors such as information architecture, navigation design, and visual hierarchy, they ensure that interactions are efficient, enjoyable, and accessible to a diverse range of users. Their work aims to optimize the overall user experience, driving engagement, retention, and satisfaction with digital products and services.

17. Chief Happiness Officer

jobs you didn't know existed chief happiness officer — 123rf

Last but not least on our jobs you didn’t know existed list, some companies appoint chief happiness officers to prioritize employee well-being. Their purpose is to develop and implement initiatives aimed at boosting morale, promoting work-life balance, and creating a supportive and inclusive environment. By conducting employee satisfaction surveys, organizing team-building activities, and providing resources for mental health and wellness, they strive to cultivate a happy and engaged workforce. Their role is crucial in attracting and retaining top talent, improving productivity, and ultimately, driving business success through a happy and motivated team.

Appreciating Jobs You Didn’t Know Existed

From digital archaeologists to chief happiness officers, these jobs that you probably didn’t know existed highlight the diverse and dynamic nature of today’s industries. So, the next time you enjoy your favorite product or experience, take a moment to appreciate the incredible team of professionals working tirelessly behind the scenes to make it all possible. Who knows? You might just discover your dream job in the process.

12 Personality Traits That Might Predict Divorce Later in Life

Teri Monroe

Teri Monroe started her career in communications working for local government and nonprofits. Today, she is a freelance finance and lifestyle writer and small business owner. Teri holds a B.A. From Elon University. In her spare time, she loves golfing with her husband, taking her dog Milo on long walks, and playing pickleball with friends.

Big Tech Moving Into Finance

November 24, 2021 by Jacob Sensiba Leave a Comment

Big tech wants a bite of the financial services pie. I think technology and finance go hand in hand, but I also think it’s mostly a one-way street, in terms of benefits. Technology has definitely given the financial services industry an upgrade, but the finance industry tends to think of big tech as a threat. Why is that? Today, we’ll take a look at big tech, how they’re changing financial services, and if those big banks actually have something to worry about.

What do you mean by “Big Tech”?

The names you know off the top of your head. Apple and Google to name two, but there are other players that don’t get as much publicity. Cloud storage from Amazon and/or Microsoft. Software companies like Oracle. Chipmakers like Nvidia. Data companies like IBM. There are a lot of moving parts and it’s no surprise, everything uses technology. What’s different about financial services is the regulation, so adoption of new technologies is typically slower.

How tech changed finances

From a consumer standpoint, banking is easy. Checks are deposited directly into your bank account. You use your bank’s app to review expenses and deposit any real checks you may have. Practically all bills are able to be paid electronically. Not to mention you can automate bill payments and transfers. Also, if you want to save for retirement or invest some money, there are several companies that can do it all online (though we always advise you to speak with a person for advice).

Big tech in finance moving forward

Big tech is already offering some financial products. Google has Google Pay, Samsung has Samsung Pay, and Apple has Apple pay. Apple is also working on a Buy Now, Pay Later (BNPL) offering, but nothing is out yet.

Big tech will be able to compete with legacy financial services companies because they have a competitive advantage. They don’t have the regulatory oversight that current companies do and they have a customer base (and their data) that they can leverage with new offerings.

Parting thoughts

Do I think several big tech companies will come out with financial services offerings? No. I think there will be a select few that come out with some, but I don’t think it’ll be the scale of Wall Street, for example. I think it would behoove big tech and other large companies to remember that being a conglomerate doesn’t work right now. Just this year, there were several companies that split their business up, based on industry (like GE). Could the conglomerate model come back around? Absolutely, but I don’t think now is the time.

Technological Investment Opportunities

August 25, 2021 by Jacob Sensiba Leave a Comment

Throughout history, some of the best companies are ones that created a product or service that solved a problem. I believe the vast majority of successful companies in the future are going to be technological or innovative in nature. In the coming years, there will be incredible technological investment opportunities. Here are some areas I think we should watch.

Space

When billionaires start spending billions of dollars, it’s hard to ignore. Especially, when all eyes seem to be on them when they’re making these gigantic moves. When it comes to colonizing Mars, space tourism, and all of that, it’s hard to see, at least right now, a company being able to profit on this segment. Eventually, we’ll be advanced enough that it’ll happen, but I don’t know how far away that is.

When it comes to sending satellites to orbit and payloads to the International Space Station (ISS), profitability seems more likely and much sooner.

Medical equipment/Pharmaceuticals

These are separate sectors, but I’m lumping them together for the sake of organization. I do this because they are both going after the same goal, making the human population healthier. They are doing this by helping cure diseases and making it more efficient and effective to maintain health.

There are plenty of diseases that need cures and a lot of self-sabotaging behaviors that humans need help with. It’d be silly to think that this area won’t be innovative and an incredible technological investment opportunity.

Renewable energy/Nuclear fusion/Clean up carbon emissions/environment

I’m not going to lie, with regard to the areas/sectors in this article, this section is my favorite. With all of the reports, publications, politicians, and scientists sounding the alarm bell about climate change, it’s impossible to ignore the technological investment opportunities coming down the pike.

Fintech

I’ll be perfectly honest, I’m not 100% sure what kind of advancements will come out in the financial technology space that hasn’t come out already. Perhaps what will end up happening is more efficient iterations of the processes, programs, and products we have right now.

Robotics/AI

Right after the renewable energy section of this post, in terms of my favorite, is this one because it has the ability to have an impact on everything.

Here’s the challenging part, at least challenging in terms of investability. There are going to be a lot of companies that invest in AI and machine learning. The biggest spenders and investors of AI technology are large technology companies that exist already.

Apple, Amazon, Google, Microsoft, and the like are already changing the game for AI. Finding a smaller company whose sole product/service is AI is going to be tough, but that doesn’t mean it’s impossible.

There are a lot of cutting-edge, technological investment opportunities that will present themselves in the future. Make sure you’re paying attention and take advantage of those opportunities.