Healthtech Benefits from Big Tech Scandals
The last couple of years have seen once-beloved big tech companies like Facebook and Google face negative press and a few black eyes due to various scandals involving data security, sexual harassment, and other issues. One of the beneficiaries of this fallout is the healthtech sector, which is now finding it easier to recruit talent away from these companies, where before they struggled. Socially minded software developers, engineers, and others are now increasingly looking to work for firms they deem as doing good for society. This is not surprising, especially considering the younger demographic is one that tends to look at corporate social responsibility when making purchasing and employment decisions.