Patrick Schwerdtfeger is a business futurist specializing in technology trends and emerging business opportunities. And as awful as the COVID-19 coronavirus is, it is also creating enormous business opportunities for entrepreneurs, startups, small business, and enterprise organizations can take advantage of. Patrick is the author of “Anarchy, Inc.: Profiting in a Decentralized World with Artificial Intelligence and Blockchain” (2018, Authority Publishing) and is a regular speaker for Bloomberg TV. He has lectured at numerous academic institutions including Stanford and Purdue Universities and has covered technology and innovation at hundreds of conferences around the world. This post will focus on the emerging business opportunities caused by the novel coronavirus and the “social distancing” that has resulted from the pandemic.
Past speaking clients include:
Recent speaking destinations include:
How to identify profitable business trends:
The stock market experienced its first huge sell-off on February 24, 2020, and has shed over 30% since then. The easiest way to identify the winners of all the turmoil is to search for stocks trading at or near their respective 52-week highs. As of March 22, 2020, the results include a variety of medical and pharmaceutical business as well as companies like Zoom Video Conferencing (for virtual meetings, etc.), Blue Apron food delivery (for people eating at home), and consumer retailers like Walmart and Costco (who supply products to a panicking population).
The Future of Virtual Reality, Virtual Businesses, and Virtual Meetings
There is no question that people will be using more virtual communication channels in the future, and companies that make that experience more immersive and facilitate better business networking will benefit from this trend. The problem with virtual meetings is that the attendees are generally sitting at home, surrounded by countless distractions. If they were there in person, they would pay attention more and would also connect better with other attendees. However, virtual and mixed reality are increasingly able to facilitate that experience even as participants might be sitting at home wearing pajamas. Although the technology isn’t quite there yet, and virtual reality headsets have yet to gain broad market adoption, demand is growing in this area, even if a vaccine is developed for COVID-19. This global pandemic has scared the population enough that virtual solutions will become more and more attractive in the years ahead.
ddd bullet point list
Virtual Convention Keynote Speech