How to balance the promise and perils of drones

A drone test zone in one-north as well as nationwide plans to develop a regulatory framework are all part of the foundation building for a future in which drones play a bigger role in Singapore's economy.
A drone test zone in one-north as well as nationwide plans to develop a regulatory framework are all part of the foundation building for a future in which drones play a bigger role in Singapore's economy.ST FILE PHOTO

Singapore has done well in adopting emerging technologies to drive our economy. For the past three years, it topped the Economist Intelligence Unit's Asian Digital Transformation Index for well-developed digital infrastructure. To continue doing well in the future, it will have to adapt to and make the most of the next wave of disruptive technologies, such as artificial intelligence, robotics and drones.

Drone technology and its applications are growing rapidly. PricewaterhouseCoopers (PwC) estimates that the global drone market will spike in the next two to three years, from US$2 billion (S$2.7 billion) this year to a whopping US$127 billion by 2020 commercially.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on September 28, 2018, with the headline 'How to balance the promise and perils of drones'. Subscribe