New York, January 13, 2020 — Aidos, the blockchain-enabled fintech platform that provides early-stage capital for Founders from diverse backgrounds releases their predictions for the global trends that will be dominating the economy of the 2020s.
The Roaring Twenties are back, except it will not be defined by Urbanization, Prohibition, or the Lost Generation. Instead, the Twenties of the Second Millennium will be characterized by a paradigm shift to Remote Working, Robotic Process Automation (RPA) and Decentralization.
Trillion-dollar companies are being built today in ways we can’t yet fathom. Half a century ago, man first stepped on the moon. In 2019, fifty years later, the 2-hour barrier for a marathon, once considered impossible, was broken for the first time by Eliud Kipchoge.
This is progress, this is evolution. The markets are telling us unambiguously that what has worked the past two decades won’t work for the next two decades defined by an exponential growth in technology and productivity.
Aidos believes the Roaring 2020s will be defined by a paradigm shift to Remote Work, Robotic Process Automation or “RPA”, and Decentralization. Collectively, these three paradigm shifts may disrupt every conceivable vertical industry and respective horizontal sub-industries over the next decade, ushering in the Fourth Industrial Revolution.
What is Remote Work?
We all know what remote work looks like today — cramped co-working spaces with a false sense of collective dynamism — but what will remote working look like in 2030? We believe that there will be a trend toward Counterurbanization, not unlike the growth of suburbia in America post World War II during the “Baby Boom” generation.
However, due to rapid advances in artificial intelligence (AI), machine learning, and virtual reality (VR), remote work will become less taboo and more mainstream.
Representative startup companies competing in this space today include MeetinVR for conducting virtual meetings, Checkr for performing AI-driven employee background checks, and harness for allowing intelligent software deployment globally using machine learning algorithms.
What is Robotic Process Automation (RPA)?
Wikipedia defines Robotic Process Automation (RPA) as a “form of business process automation technology based on metaphorical software robots (bots) or artificial intelligence (AI) workers.”
An uncommon term today, RPA or Robotic Process Automation, will be part of the common business dialect as companies compete to improve efficiency and margins through the automation of manual processes that are prone to human error and time-consuming.
Representative startup companies competing in this space today include blueprism for providing RPA as a Service or what we term as “RPAaaS”, HyperScience for developing AI-driven document processing, and UiPath for developing core RPA solutions leveraging AI algorithms and machine learning.
What is Decentralization?
Decentralization highlights a broad umbrella of various trends that shares a common theme of Disintermediation, the idea that certain vertical industries (e.g., finance) and horizontal industries (e.g., investment banking, investment management, and private placement) are still operating legacy business models with high fees causing tremendous transactional friction in a global economy that is trending towards frictionless transactions.
Decentralization will fundamentally alter how companies are built and businesses are conducted by exponentially reducing Intermediary Fees and establishing Decentralized Trust across every conceivable industry.
Representative startup companies competing in this space today include Ethereum for developing an abstraction layer for blockchain technology (in addition to their venture into digital currencies), Reserve for developing the first Stablecoin to be acknowledged by the European Central Bank, and Aidos for developing a blockchain platform to tokenize venture portfolio companies, reducing the cumbersome and time-consuming process for exceptional Founders to fundraise capital from prospective investors.
CONCLUSION
In Greek mythology, Sisyphus was the king of Ephyra punished for his sins by being condemned to roll an immense boulder up a hill, only for it to roll down when it nears the top, repeating this action for eternity.
Analogous to Sisyphus’ boulder, the Roaring 2020s will be defined by Remote Work, Robotic Process Automation, and Decentralization, a Trifecta representing an Unstoppable Force that cannot be overcome by any Incumbent no matter their capital expenditure. This Trifecta also represents the catalyst for disruptive technologies for the Innovator’s Dilemma in the words of Clayton Christensen.
So, is your business ready for these paradigm shifts that will define the ranks of the Fortune 500 companies of the Thirties?
About Aidos
Aidos is an equity crowd investment platform that provides startup capital for exceptional founders through our network of early-stage investors.
Mission and Vision:
In a period of unprecedented change where legacy business models are being upended, we at Aidos want to democratize access to the entrepreneurship opportunity. We believe that although exceptional talent is evenly distributed, opportunity is not.
If you’re an ambitious Founder, seeking advice on how to launch a business, or struggling to raise capital to launch your company, Aidos can help.
If you’re an early-stage investor and want to invest in our exceptional network of Founders before institutional investors step in, Aidos can help.
Learn how at www.aidos.nyc or reach out at invest@aidos.nyc
Source: Aidos Inc.
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