As the world recovers from the COVID-19 crisis, the world economy is still in flux. Many jobs disappeared from the scene as many organizations adjusted their workforce. Attracting the best skills and best talent has also been a challenge for many organizations.
Autonomous Vehicles mass adoption is not expected until the 2030’s. Almost 40,000 Americans lose their lives in traffic fatalities every year. The technology for Connected Vehicles and Semi-Autonomous Vehicles is here and ready to be implemented. Why has this not happened yet?
As the Unmanned Aircraft Industry evolves, regulatory actions from Congress will significantly shape the ability to expand and integrate into the existing National Airspace System. The recently finalized 2018 FAA Reauthorization Act has the potential to be the most impactful of legislative actions to date.
It is evident that regulations are a double-edged sword. In some instances, regulations promote inefficiencies, rent-seeking and wealth redistribution while in others, they stimulate competition, fair play and innovation.