New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home Startups & Leaders

Could high gas prices spur tech startups’ next big idea?

New York Tech Editorial Team by New York Tech Editorial Team
March 10, 2022
in Startups & Leaders
0
Could high gas prices spur tech startups’ next big idea?
Share on FacebookShare on Twitter

With sky-high gas prices, creative startups will look for ways to connect people, while lessening the reliance on filling up a gas tank.

With gas prices skyrocketing, Pete Erickson doesn’t have to search hard for examples of how startup technologies have created opportunities to improve lifestyles.

“Look at what happened to transportation with the arrival of the smartphone, we use Uber and Lyft all the time,” said Erickson, CEO of MoDev, a technology community-building organization, based in Arlington, Virginia.

Erickson said digital startups will likely create new alternatives to driving and the current spike in gas prices could be what spurs them on.

“With gas prices being where they are, this does open up the opportunity for creative thinkers to come up with new ways that people can connect,” said Erickson.

He pointed to the popularity of Zoom, which became a household name during the COVID-19 pandemic.

“One thing we’ve learned over the last two year is that ‘work from home’ works,” said Erickson. “Of course it has its challenges.”

Erickson said sometimes utilizing new technologies in times of need comes with trade-offs.

“A lot of us are feeling the benefits as we reconnect with people, and go to meetings in person — it feels very good,” he said.

Telemedicine has also developed rapidly during the pandemic.

“Most of us have done remote visits with doctors and we’ve learned, hey, we don’t have to go sit in the lobby, and wait, and wait, and wait,” he said

While teleportation still only exists in the realm of science fiction: “With the arrival of experiential capabilities that may be described as metaverse or virtual reality, there’s an opportunity to so some experiential things where you don’t have to travel,” Erickson said.

Although technology may provide ways for many employees to avoid a trip to the office, Erickson said the effects of high gas prices will be felt by hourly workers and those who have to travel to a set location. “So, this does open up the opportunity to come up with creative new ways to help people get where they’re going, leveraging community, that we haven’t even thought of yet.”

Credit: Source link

Previous Post

Topeka Zoo’s dinosaur exhibit features life-size, robotic dinosaurs

Next Post

Microsoft details its Steam Deck support for Xbox Game Studios titles

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
Microsoft details its Steam Deck support for Xbox Game Studios titles

Microsoft details its Steam Deck support for Xbox Game Studios titles

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
man wearing glasses posing outdoors

AI Data Centers Have a Routing Problem. The People Fixing It Fit in a Small Room.

August 30, 2026
How to Create a Business Plan for a Small Business

How to Create a Business Plan for a Small Business

August 28, 2026
Perion x PRN

Perion Expands Into In-Store Retail Media With Up to $12 Million PRN Acquisition

August 27, 2026
For St George Patients, Digital Dental Tools Can Make Care Easier to Navigate

For St George Patients, Digital Dental Tools Can Make Care Easier to Navigate

August 27, 2026
Mate Security Launches Gamebooks as a New Approach to Trusted AI-Powered Investigations

Mate Security Launches Gamebooks as a New Approach to Trusted AI-Powered Investigations

August 26, 2026

Local SEO: The 15-Step Checklist for Small Businesses

August 21, 2026

Recommended

man wearing glasses posing outdoors

AI Data Centers Have a Routing Problem. The People Fixing It Fit in a Small Room.

August 30, 2026
How to Create a Business Plan for a Small Business

How to Create a Business Plan for a Small Business

August 28, 2026
Perion x PRN

Perion Expands Into In-Store Retail Media With Up to $12 Million PRN Acquisition

August 27, 2026
For St George Patients, Digital Dental Tools Can Make Care Easier to Navigate

For St George Patients, Digital Dental Tools Can Make Care Easier to Navigate

August 27, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs AI security Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch Cybersecurity Enterprise AI Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement Hi Auto Impala Investing Investors investorsummit israelitech Leaders Mate Security Metaverse Mindset Minnesota omri hurwitz Perion PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media