Drone Economics: Succeeding with the World's Newest Form of Transportation

Drones are interesting in that they are disrupting existing industries and creating new markets. The drone itself is simply a delivery mechanism used to gather data, in the form of pixels and other medium used by sensors, and in logistics. Drones are disruptive in that they lower costs, open new markets, and make other products obsolete. It is in the pixels and other areas (artificial intelligence, machine learning) where the most money will be made.

Review:

Drones, eVTOL and other new methods of transportation can change many facets of our lives. It is an exciting time to be alive and watch all these changes. While knowledge of the various technologies is advancing rapidly, we need to take time now to carefully ponder the market dynamics and economic nature of these emerging technologies. “Drone Economics” by Darryl Jenkins and Bijan Vasigh, is an excellent beginning to this branch of knowledge and will become an instant classic.

T. Allan McArtor

Former administrator of the U.S. Federal Aviation administration, and former Chairman of Airbus North America Holdings, Inc.