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Why PeaceTech must be the next frontier of innovation and investment

Article by Stefaan Verhulst and Artur Kluz: “…amidst this frenzy, a crucial question is being left unasked: Can technology be used not just to win wars, but to prevent them and save people’s lives?

There is an emerging field that dares to pose this question—PeaceTech. It is the use of technology to save human lives, prevent conflict, de-escalate violence, rebuild fractured communities, and secure fragile peace in post-conflict environments.

From early warning systems that predict outbreaks of violence, to platforms ensuring aid transparency, and mobile tools connecting refugees to services: PeaceTech is real, it works—and it is radically underfunded.

Unlike the vast sums pouring into defense startups, peace building efforts, including PeaceTech organizations and ventures, struggle for scraps. The United Nations Secretary-General released in 2020 its ambitious goal to fundraise $1.5 billion in peacebuilding support over a total of seven years. In contrast, private investment in defense tech crossed $34 billion in 2023 alone. 

Why is PeaceTech so neglected?

One reason PeaceTech is so neglected is cultural: in the tech world, “peace” can seem abstract or idealistic—soft power in a world of hard tech. In reality, peace is not soft; it is among the hardest, most complex challenges of our time. Peace requires systemic thinking, early intervention, global coordination, and a massive infrastructure of care, trust, and monitoring. Maintaining peace in a hyper-polarized, technologically complex world is a feat of engineering, diplomacy, and foresight.

And it’s a business opportunity. According to the Institute for Economics and Peace, violence costs the global economy over $17 trillion per year—about 13% of global GDP. Even modest improvements in peace would unlock billions in economic value.

Consider the peace dividend from predictive analytics that can help governments or international organizations intervene or mediate before conflict breaks out, or AI-powered verification tools to enforce ceasefires and disinformation controls. PeaceTech, if scaled, could become a multibillion dollar market—and a critical piece of the security architecture of the future…(More)”.

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