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Archive for June, 2016
Posted by Deserteagle | Jun 24, 2016 @ 01:53 AM | 7,175 Views
There are many touting that in the future drones will be everywhere, doing... well pretty much everything from delivering our groceries and much needed medicine to people in remote areas to farming, bridge and cell tower inspection and so on, but how much of this will be true?

Well I believe the answer will be dependant on where you live in the world.

Even though I believe there will be uses for drones in Agricultural and inspection here in the US, I don't believe we will see much in the way of delivery for many many years, if ever. The reason is simple. Liability.

Liability is a huge expense to companies and one that is hard to factor in the price of goods and services. As the saying goes, "things just happen"' and successful businesses have workforce policies to reduce liability by reducing another important factor in their day to day operations, Risk.

Risk and risk management is one of the many ways a company tries to reduce the cost incurred by accidents and therefore reducing a chance of monetary liability. Monetary liability to businesses in the US costs billions and therefore Risk management becomes an important part to the bottom line of a business. To offset the cost of monetary liability, individuals and companies rely the insurance policies.
Insurance policies help protect companies and individuals by off setting the cost of monetary losses but depends on whether the amount of coverage in the policy is enough to cover the cost of the liability....Continue Reading