So having a look into the industries sort of future and the focal points that are most likely sort of, you know, surround with drones. One of the most interesting aspects of it is that, although it is going to significantly disrupt a lot of things, such as delivery is one of the main ones that we'll talk about. But whenever it generally seems to be doing this, it actually has the benefit that at the very least, it will be making the industry a lot more efficient, a lot quicker, and also often quite, is what usually the case is more environmentally friendly. So if we take the example of delivery, for instance, one of the most widely known and sort of popularized use cases is the Amazon Prime air drone delivery service that they've been working on for many years now. And as I mentioned, one of the main things stopping this is actually government regulations that they can't use I fly these drones out of sight.

But for now, you can imagine that once that sort of hurdle is jumped over that it will make Amazon a hell of a lot more efficient hold a lot more environmentally friendly. They do have the, you know, 100% energy, renewable energy, you know, target that they're trying to meet. So, when they do obviously roll out drones that run on electricity that will presumably they 100% renewable electricity as well. And having these drones deliver, you know, these small packages, you know, maybe up to five kilos or so is obviously a hell of a lot better than having a big, you know, diesel truck with a person inside driving it all around all over the world and all over America, sorry. and delivering these packages, you know, a drone can go direct to it and back again, whereas the truck is driving all over the place possibly. And obviously, burning diesel isn't exactly better for the environment than renewal.

Sourced electricity. So it's not just new industry and a new capability to, you know, get your package there an extra 20 minutes quicker. It's also better for the environment, which is, you know, obviously a fantastic benefit. So for a lot of people that do actually investigate this technology or learn about something like Amazon Prime air and how it might be replacing, you know, truck drivers or whatever, it sorry, delivery drivers, they generally look at that particular case and don't sort of extrapolate further on which is a very common theme I find with a lot of people thinking about the future technologies that they just see this one next step and they don't go any further than that. But if you continue to think about it, delivering stuff via drone, typically speaking, at least Amazon's case, you know, they might get up to about five kilos or about 10 pounds worth of actual cargo that they can deliver.

Obviously, if you're wanting to, you know, buy a television off them or something like that. considerably bigger and considerably heavier, that will most likely still be done by the traditional, you know, delivery truck driver as well. But there are a lot of packages a lot of stuff that Amazon deliver that is in that sort of, you know, zero to 10 pounds zero to five killer range of goods. And all those cases can be taken care of via journey in most instances out imagine so when you go past that sort of next step and think about how this will really sort of affect things. You sort of realized one of the main things is actually cost and now obviously delivering stuff by an autonomous drone running on renewable electricity is going to be far cheaper than giving it to a person that you're paying, you know, 10s of thousand dollars a year driving a big diesel truck that's sucking up petrol or diesel and you know, a lot lot lower costs with the drones.

But, you know, How much longer are we talking here, you know, it could be the you know, That once they've sort of paid for their initial upfront costs of purchasing the drone and setting up the facility and all the components and all that sort of stuff and training, that the actual ongoing cost of doing this delivery is, for all intensive purposes, just the electricity itself to power the actual drones, and maybe a little upkeep and maintenance, but that electricity, which they'll be getting from renewable energy, I mostly very cheap. You know, it could mean that when you order, you know, maybe a couple of bananas from Amazon instead of a costing, you know, maybe $5 to get delivered, it might be 50 cents, you know, it could be that that order of magnitude cheaper, that could be so cheap that maybe they just include shipping for free, you know, it could be that cheaper could just become part of the service.

And when you have something like that, obviously people are going to gravitate towards those smaller, you know, more frequent deliveries that are free as opposed to maybe getting All their groceries or all their tech or whatever it is that they're buying from Amazon delivered in one go so it shifts how people use existing technologies because it can affect the actual price of it. And personally, I think I'd like to say that you know, having lighter and smaller items essentially they delivered for almost free or you know, since basically instead of you know, maybe a five or $10 shipping fee, it would be much more likely for me to shop more and more online if the actual fee to deliver it was basically you know, 50 cents or free or something like that, as well as the fact that it's a drone delivery so it will be done very, very quickly.

And you know, you might be able to order those bananas or something and have it delivered within half an hour or something all for 50 cents You know, that's a that's a pretty hard deal to beat in terms of traditional shops, both online and you know, bricks and mortar if they don't have drone technology, so you can see why companies like Amazon are sort of pushing for this technology because it'll give them a huge advantage over anyone else who doesn't have that technology. So on top of the more general use case of, you know, Amazon delivering something to a consumer, you also have the other side of more serious stuff, you know, more critical level things like delivering of blood organs, or, you know, testing and that sort of stuff, where things like hospitals and stuff, they pay a lot of money to have these things quickly delivered by people.

And that's something that drones excel at, you know, there's already currently now the use case for the magnet station, which you can see here, where it will actually deliver blood from one hospital or one station as they call it to another very quickly, very autonomously and loadout quite cheaply as well. So this is another aspect of it, where you have the consumer side as well as the more critical you even have the business to business side where it might actually be the same business. So perhaps Your business that have, you know, two warehouses very close to each other, maybe they're, you know, five or 10 kilometers apart or something that's within the range of a drone. And, you know, rather than constantly shipping your product back and forth in huge trucks all the time or you know, transferring goods from warehouse to warehouse, perhaps at least for the smaller equipment or smaller pieces of inventory, you can do that via drones, or just have a drone fly from one, you know, warehouse to the other and pop down.

And again, once you've paid for that initial investment, it is essentially free delivery. And that'll allow businesses to become more efficient, more profitable and quicker what they do so there's a lot of different other benefits to drone delivery, as well as something like Amazon and their prime air system. Other focal points of this industry might be the more you know, search and rescue style types of things which they do already currently have, but you know, I can see this being taken Far, far further if you can. barn with, you know, miniaturization of the technology even further and, you know, things like drone swarms, where you have not just one drone out there, you know, going through a search pattern to find someone that's lost in the woods, or you know, trapped under debris or something like that. But you have, you know, swarms of these things, maybe they're particularly tiny so they can fly into little gaps.

And they have that, you know, really robust, autonomous, you know, flying technology that can avoid a lot of obstacles so they can get right into really, really small spaces and fly themselves tracking and doing all the things that are necessary for search and rescue. Maybe you have 100 of these things that you know, search and rescue front up to maybe a collapsed building or something like that Judo an earthquake or you know, whatever the disaster is, and they open up a box and 100 of these tiny little drones fly out and just blanket the area searching for every survivor. Maybe they have infrared or thermal imaging sensors on them as well. You know, maybe Two or three minutes after they've arrived, they've got a, you know, an iPad or whatever it is they're carrying with the exact location of every single survivor, you know, they instantly know where they are and who's in the most danger.

And you know, maybe they even have life science detectors of you know, how cold a person who's a hotter person is, you could do lots and lots of different things. And as I said, they currently have some of this technology, they use it to help fight fires and to locate people inside burning buildings. So they can, you know, zero in on that person and get to them quicker and save them quicker. But, you know, you can see how this technology can really grow in leaps and bounds and make it even quicker and even cheaper and it would hopefully bear stables you know, all firefighters of all emergency response crews that they can release these drones into the air and get real time data as quickly as possible of, you know, really accurate positions of where all the people that are in need of assistance actually are.

And last, but surely not least, is, as I mentioned earlier, and the use cases that are currently being done the agricultural industry, so things like farms and you know, crops and all that sort of stuff. Obviously, they've had planes doing crop dusting for a long time. But, you know, if you can not pay for a person to fly a plane over your field and drop, you know, pesticides, or whatever it is, and instead buy, you know, a crop dusting drone itself. You know, maybe it is quite expensive, maybe it's 10 grand, but that's a one off payment. You've now got a drone that just costs a small amount of electricity to spray herbicides or pesticides or whatever you want to do over your entire crop autonomously and very, very accurately for, you know, maybe the next five or 10 years, however long that turn lasts, again, it's lots of efficiency improvements, cost reductions, all these types of fantastic things that technology enables, and farming and agriculture is a very, very Big industry was even, you know, proper for companies like DJI making dedicated drones for this type of thing already right now they have it in production and are selling it to people.

So this isn't so much a future far off thing. But again, I can see it being a focal point where the industry will continue pushing towards because it is such a big important area. And finally, sort of similar to that agriculture area. Those also, as I mentioned before, the drones that actually shoot compressed air seeds into the ground as they fly over. So at the moment, this is mainly being used for reforestation and other things out in far off places, but I can see this being sort of perhaps a focus point of things like councils if they want to, you know, plant trees or if they want to, you know, go over areas and spray for weeds or anything like that. It's usually a big part of councils and taking care of their very large property areas.

This is something that they can Again, get more efficiency improvements on make more autonomous, and just generally benefit everyone. But with all this talk about drones being, you know, so autonomous, flying themselves and doing all this other stuff you might ask, you know, is there any actual jobs for humans and while again, it's not going to employ anywhere near the number that a more old install technology or industry, you know, such as car manufacturing back in the 50s might have, there are still plenty of jobs out there for people that are both there right now and in the future. And the fact that this sort of industry is so new actually has a bit of a twist in it in regards to benefiting people wanting to get into it, and I'll go over that in more detail in the next part, but we'll go over another live example of how to use the strategy and you know, what type of positions are available for this area.

So I'll have a talk to you then.