Up Next Building the Next Generation of Breakthrough Technology Post COVID-19
In 1786, Thomas Reid gave us Essays on the Intellectual Powers of Man and penned the proverb,“ A chain is as strong as the weakest link.”
Over the last few decades, we have become more connected by technology, yet isolated in our efficiency. More than three-quarters of Americans live in or near cities and rely heavily on a complex network of public and private infrastructure for critical supplies and employment. We are more productive than ever, yet we make very little for ourselves and are seemingly more disconnected than past generations.
Many of the worst disasters in history started quite modestly. One accident led to another until a fault line opened up in civilization (Ripley 2008). While many of these disasters could have been avoided, many were necessary to expose critical vulnerabilities in our infrastructure. The recovery following COVID-19 will be no different, offering an opportunity for relief, response, and healing, ushering in a new era of growth and innovation.
We are excited to announce the creation of Conversion Labs. Our mission is to build software solutions to the most vexing problems facing our nation across financial services, government, and healthcare. We are not an incubator or a non-profit, but a team of engineers, designers, and growth experts who will partner with public and private counterparts and our network of industry advisors to build solutions that have long-term positive impacts for both the economy and society.
The last few months have not only exposed our most critical vulnerabilities (our elderly and immune-suppressed population, key supply chain lines, manufacturing, security, distribution, reliable data), but they have also accelerated our transition from old economic models to new. It was a decade of change wrapped into months, which will create shockwaves and opportunities for years to come. There is an accelerated shift to the public cloud, distributed teams, telehealth, online payments, e-commerce, and mobility as technology provides the underlying framework for growth. When we reopen, the old economy will be a figment of our imagination, and a new era will be upon us.
“This awful catastrophe is not the end but the beginning. History does not end so. It is the way its chapters open” — Saint Augustine.
Conversion Capital LLC