Drones have been around for a long time, but as the technology gets more refined, battery life gets longer and regulations become more friendly, they've gone from something only tech geeks cared about to the mainstream. The potential benefits to the world economy are big and seemingly every sector might be able to benefit -- including those currently out of reach. The Obama administration has been slow to regulate the drone industry, to the dismay of some, including Amazon (AMZN) - Get Report CEO Jeff Bezos, it has been working through rules and regulations to allow commercial drones to operate in some capacity. (Amazon is working on its drone delivery program, known as Prime Air). All areas of the economy could benefit from having a technology that can go into areas that are either difficult terrain for humans to navigate or are safer, cheaper and cheaper to operate in. And as an investor, it's important to take advantage of that.
This article was written by a staff member of TheStreet.