Exponential technology (‘deep tech’) is a complicated, entangled system that blurs the lines between the physical, digital, and biological. The complexity and pace of innovation has reached the point where it has surpassed human analytical capability.
Technology investment is inherently risky, with exponential innovation projects being riskier than incremental. Decision-making is fundamentally opaque, based on the sentiment and bias of a small number of personal interactions and relationships. Billions are lost each year in an inefficient and bubble-prone market.
Policymakers, investors, business leaders, and analysts, lack the decision-support systems needed to decode the complexity, to chart and predict the future, and precision-target their innovation programs and capital at the technologies that will deliver maximum impact and economic return.