Sector Focus 

Drones move beyond the battlefield

Drones move beyond the battlefield

Last year the US economist Robert Gordon created a stir with the publication of The Rise and Fall of American Growth, a work in which he challenged the assumption that economic growth will continue unabated through the digital age. He argued that the developments in information technology since the 1970s will have a relatively muted impact on economic growth rates when compared with the innovations that powered western economies between 1870 and 1970: electricity, mass railway linkage, advances in petro-chemicals and pharmaceuticals, the internal combustion engine and modern communications – to name but a few.

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