Each January, predictions pop up about what the next 12 months have in store for us. From hypotheses about how the government will change to the thoughts on how tech will evolve, nearly everyone has a hunch about what’s up next. Perhaps the most important place to focus our attention is where innovation meets business.
Startup trends help us to think about the future using the past. Even if they turn out to not be true, I am of the opinion that everyone should at least have an idea or think about what is next to come. However, if predicting the future seems like too much work, that’s okay. I’ve compiled a list of the top 5 startup trends to emerge in 2020 as predicted by the most well-know entrepreneurial journalist sites in existence.
Let’s begin with Entrepreneur.com:
“In 2020, the use of AI-based technology skills must be implemented in the country at large as they have a holistic approach.”
“These startups have a high growth potential that can bring new innovations with a clear viable advantage.”
Futuristic Solutions for the Current Problem
“In the coming days, incubators may provide much-needed sustenance and push to build a solid foundation for the entrepreneur industry.”
Ethical Training for Upcoming Startups
“Empathetic decision-making and compliance must be the focus in 2020.”
Social and Environmental Impact VC funds
“The more the investors will emphasis on achieving affirmative social and environmental consequences, the more capital will be available to back startups.”
I am in near-total agreement with numbers 1, 4, and 5 of Entrepreneur.com’s list of 5 above, but I think “innovation-driven startups” and “futuristic solutions for current problems” are too vague to be considered startup trends for 2020.