As a mentor, investor, and longtime player in the tech industry, I’m frequently asked which market segments I’m betting big on over the coming decade. My knack for spotting market transitions and the technologies that will fuel these shifts partially stems from my relentless focus on outcomes. That’s why I approach investing like a multiplayer chess game; I play out the entire game, replay various scenarios and anticipate others’ moves before I make the decision to invest my time and resources.
Ten years ago, I would have said that voice was an interface of the past. Yet today, the voice revolution is well underway and it’s becoming clear that voice will, in fact, be the next major interface. Just look at the proliferation and capabilities of virtual assistants and voice-activated devices, whether it’s asking Amazon’s Alexa-enabled Echo to turn down the thermostat, having Google Home recite your schedule for the day, or instructing Apple’s Siri to read your emails out loud. While nearly one in five Americans has access to a smart speaker today, Gartner predicts that 75 percent of households in the U.S. will have smart speakers by 2020.