A rise of the robots may follow the coronavirus crisis, one Silicon Valley VC bets. Nations will bring manufacturing home through automation
out of China. The US and European countries will almost certainly follow suit, Davidson said.
"Everybody knows we're going beat the crap out of Chinese supply chains," Davidson said. "To make it come back home," he continued, "you've got to believe in automation — robotics, AI, 3D printing. That's another whole industrial sector that becomes a lot more interesting to invest in."One of the biggest beneficiaries of the coronavirus crisis thus far has been Zoom. With schools and workplaces closed,to get their lessons, or work from home.
That's not likely to change when life goes back to normal, Davidson said. If anything, shopping online for many people is going to be the new normal, he said. And while Amazon has been the poster child for the trend, other companies are likely to benefit too, particular the companies that sell their own branded products directly to consumers, he said.One surprising area that he's bullish about is travel.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Insider's best investing stories of April 2020 - Business InsiderThe definitive list of the best investing stories published by Business Insider in April 2020 — from A-list recommendations to top stock picks.
Read more »
Half of US doctors now use telehealth - Business Insider - Business InsiderForty-eight percent of US physicians now report treating patients via telemedicine — a huge leap from the 18% who said the same in 2018.
Read more »
Tesco hires pilots, racing drivers, actors to meet coronavirus demand - Business InsiderBritain's largest supermarket has hired 'very interesting' new employees — including pilots, race car drivers, and actors — to cope with surging demand for groceries
Read more »
INSIDER TODAY: Yes, we should waste billions and risk lives to get a vaccine - Business InsiderThe biggest enemy in the fight against the coronavirus pandemic is time. That means we need to risk a lot to develop a vaccine quickly.
Read more »
Pete Davidson’s ‘King of Staten Island’ to Premiere On Demand as Movie Theaters Remain ClosedUniversal’s “The King of Staten Island” — a semi-autobiographical comedy starring Pete Davidson and directed by Judd Apatow — is going straight to video on demand, mak…
Read more »