We Should Be Investing in Drones. Here Is Why. | Hacked: Hacking Finance
Hacked: Hacking Finance


We Should Be Investing in Drones. Here Is Why.

Posted on .

We Should Be Investing in Drones. Here Is Why.


This article was posted on Friday, 17:16, UTC.

There is a driving trend and major boom behind the autonomous car industry, with financial potential looking particularly ripe. Even the U.S. government has recently appointed an advisory committee on autonomous cars. The news is also full of reports about cars, buses and even trains becoming driverless. Tesla, Google, Toyota, BMW, Daimler and many others are all investing in the billions in this regard. However, rest assured the future lies in drones, the other autonomous devices. The concept of autonomous vehicles, such as drones, has much more potential in the air, not the land, and this piece intends to provide the reasons why.

// -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- //

The Air Is Limitless

Human drivers have been the factor behind our design of roads, highways, bridges and even overpasses. Designers are limited to the ground, a static concept with no future in enhancements. New cities are to be based on designs of traffic systems bringing about fundamental change. This network will be based on cloud technology, able to adapt to microscale adjustments. Millions of linked vehicles, in communication at all times, will be efficiently managed. Even if autonomous cars enter our roads, they will be alongside other cars driven by humans.

Untouched remains low-altitude airspace. With drones taking to the skies, stakeholders in the industry find themselves before an opportunity: designing a network to fit navigation with autonomous vehicles from day one. This will enjoy digital technology, connection and driven by data.

Flexible 3D commuting

The path taken by a drone is much more flexible than one traveled by a car. Let’s bring an end to the old forward-backward-right-left car travel. Drones enjoy freedom cars never will, with devices now capable of lifting up to 400 feet high (around 135 meters). With the norm shifting to autonomous flying, routes can be adjusted to bypass obstacles, hazards and other threats. A drone able to commute in three dimensions is far more flexible than any car limited to road lanes.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

Innovation, innovation, innovation

Drones, or unmanned aircraft as some describe them, enjoy being part of a more democratic system in comparison to cars. It is true that various drone technologies remain proprietary. However, there is a huge amount of cooperation across various platforms and even hardware manufacturers. Software developers and service providers also enjoy the same characteristic. Such partnership will boost innovation for the entire industry. Why? As anyone will be able to deliver a solution empowered or enabled by a drone.

Drones are easy to afford

Let’s face it. Entering the automotive market will have you digging deep into your wallet. However, drones are available at a range of different prices. This easily places forward ecosystems to an entire line of entrepreneurs and innovators. It is relatively affordable to purchase a drone to test a new app; check an innovative business model; or even launch a new company. Conclusion: adopting drone technology can be very fast. Drone businesses will iterate with quite a speed, allowing new innovations to root and shape up.

Such advantages bring this concept into life that millions of autonomous drones have the potential of flying above us far before driverless cars. Maybe we will find ourselves in flying cars far before autonomous cars on old-school roads.

// -- Get exclusive consultation for as low as $249 per month on MoneyMakers.com -- //

Images from Shutterstock.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.

Feedback or Requests?

Paul McNeil

Paul McNeil

I am tech/political analyst currently blogging at The Huffington Post and have recently posted articles on nativist.org, FINMAPS, Smart Cities Asia, Creative Design Studios and Independent Australia. I also have experience in ghostwriting for Forbes, Newsmax, The Hill, ArabNews, American Thinker, Canada Free Press and etc.

There are no comments.

View Comments (0) ...
The team:
Dmitriy Lavrov
Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years of trading experience. He covers Forex, Commodities and Cryptocurrencies. He is among the top 10 most Read More
Jonas Borchgrevink
Jonas Borchgrevink is the founder of Hacked.com and CryptoCoinsNews.com. He is a serial entrepreneur, trader and investor. He shares his own personal journey on Hacked.com. // -- Discuss and ask Read More
P.H. Madore
ICO Analyst
P. H. Madore lives in Arkansas with his wife and children. He has covered the cryptocurrency beat over the course of hundreds of articles for Hacked’s sister site, CryptoCoinsNews, as Read More
Mate Csar
Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive Read More
Justin O’Connell
Justin O’Connell is a cryptocurrency journalist who works have appeared in the U.S.’s third largest weekly, the San Diego Reader & VICE. // -- Discuss and ask questions in our community Read More
Mati Greenspan
Senior Market Analyst at Etoro.com. // -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- // Important: Never invest Read More
Rakesh Upadhyay
Rakesh Upadhyay is a Technical Analyst and Portfolio Consultant for The Summit Group. He has more than a decade of experience as a private trader. His philosophy is to use Read More
Pamela Meropiali
Account Manager
Pamela Meropiali is responsible for users on Hacked.com. // -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- // Read More
Joseph Young
Joseph Young is a finance and tech journalist & analyst based in Hong Kong. He has worked with leading media and news agencies in the technology and finance industries, offering Read More
When we imagined the 21st century in the late lamented…