The best way to predict the future is to create it.
— Peter Drucker
As technologists and investors, we know the lure of innovation—the excitement of navigating the myriad decisions it takes to bring breakthrough solutions to market.
Maybe it’s intelligent automation to improve efficiencies of everything from brewing your morning coffee to manufacturing complex machinery. Or faster, safer, more sustainable ways to move people and goods to where they need to go. Or getting life-saving medicines to the patients who need them, in time to help and at a price they can afford.
The common thread underlying today’s innovations is data and the increasingly sophisticated tools to generate, correlate, and use that data. Data has replaced oil as the world’s most valuable resource.
Just as oil fueled the industrial age, data is now transforming entire industries and triggering tectonic shifts in global economies, politics, and society. Unlike oil, data isn’t gooey, smelly, or inherently toxic. But its value-neutral characteristic also means that data can be harnessed for good or for ill, either on purpose or inadvertently.
As an investment arm of the world’s largest technology platform, Samsung Catalyst Fund has a special responsibility to apply a ‘data for good’ filter to our activities—not only because it’s the right thing to do, but also because it’s the best way for innovation to thrive. A data-for-good approach creates a fertile environment for converting the potential energy of innovative opportunity into the kinetic energy of real-world solutions.
But we also recognize that even an organization of Samsung’s size, scope, and influence can’t achieve meaningful goals alone. We’re all in this together—whatever ‘this’ turns out to be.
That’s why we’re launching our Catalyze a Better Future content series. Throughout the upcoming months, we’ll deliver videos, blog posts, articles, white papers, and other content that explores how data might help address some of the big challenges facing our world today.
We’ll invite current and potential portfolio companies, fellow investors, and experts in fields such as digital health, AI, and automated mobility to help tell stories about data, innovation, and how we can partner to steer toward a more positive future.
The future will happen, no matter what we do. But imagine the satisfaction of knowing that together, we have helped to catalyze a better future—for ourselves, for our businesses, and for people across the globe.