ready to retire

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Digital twins. 6 feet under no more.

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October 6, 2022

End in sight?

Hi there,

Here is this week in charts.

This Week In Charts

Source: Bloomberg

…Ready for it? Most employers think that their employees are “on the right track” financially for retirement, but only 58% of employees feel the same. Notably, workers who are actively worried about their retirement preparedness are largely invisible to their employers. While nearly a quarter express concerns about their financial situation, less than 10% of employers seem to take note. The recent market turbulence has likely exacerbated existing retirement woes and pushed many individuals toward digital solutions, like personal financial management apps, to stay ahead of the ever-changing economic environment.

Source: CB Insights

Two is better than one. Digital twins are virtual representations of real-world physical objects and systems used to model potential scenarios. While they have commonly been used in areas like manufacturing and construction, interest in logistics use cases for the tech has picked up in recent years, with news mentions of the topic increasing by 276% from the start of 2020 to today. In the future, a digital twin of an entire fulfillment network (e.g., highways, streets, homes) could provide the data required to inform route planning and the establishment of inventory storage locations. Learn more about how this tech is transforming last-mile delivery in this report.

Source: Financial Times

Ali bye bye. SoftBank may have to bid adieu to one of its crown jewels: Alibaba. This year, the investor has sold about a third of its stake in the e-commerce giant to raise a much-needed $22B in cash. This move was largely driven by its need to compensate for the lackluster performance of its technology investments. While the sale of these shares through prepaid forward contracts means that they can be bought back, if SoftBank chooses not to do so, it could lose its board seat and the decision-making power it grants. Learn more about what SoftBank stands to miss out on in

our Alibaba strategy map.

Source: Morning Consult

It’s a bird…it’s a plane…it’s… Major technology companies are increasingly being viewed by consumers as the actors responsible for driving innovation in sustainability practices. These companies are being held to nearly the same standard as energy companies and the federal government. Moving forward, tech companies will likely be expected to not only manage their own environmental impact but also develop solutions designed to benefit the planet at large. Check out how Amazon, Google, and Microsoft are tackling emissions in our Big Tech in Sustainability report.

Source: National Funeral Directors Association

Dying for cremation. When it comes to their plans for the afterlife, Americans are increasingly opting to be cremated rather than buried. The cremation rate passed the burial rate for the first time in 2015 and has been climbing ever since. Projections indicate that by 2040, it will be the preferred choice for nearly 8 in 10 Americans. In a previous newsletter, we discussed the startups trying to simplify the cremation buying and planning process for consumers.

The +1

The lost generation. There are the leaders of today, the leaders of tomorrow, and…people between the ages of 35 and 45. Interesting info (I think) horribly presented. Keep it simple.

I love you.

Anand
@asanwal

P.S. Applications are now open for our inaugural Energy Tech 50. Think you know a promising energy tech company? Apply here before November 18.

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