Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Drones Are To Amazon.com, Inc. (AMZN) As Glass Is To Google Inc (GOOGL)

Amazon.com, Inc. (NASDAQ:AMZN)’s Drone program is much like what Google Inc (NASDAQ:GOOGL) is doing with its Glass program, Jon Fortt said in a report on CNBC.

Although the opinion of the CNBC host definitely connotes that Amazon.com, Inc. (NASDAQ:AMZN) is doing something advance and may be considered early for its time just like Google Inc (NASDAQ:GOOGL) is doing with its wearables project, it also hints at some of the problems and issues hounding the project.

Amazon.com, Inc. (NASDAQ:AMZN) envisions a future when orders from its massive online marketplace are fulfilled by its drones. Google Inc (NASDAQ:GOOGL) envisions a future when people interact with their surroundings through Google services made available by its Glass eyewear.

Fortt noted that people may ask, “Is that taking a picture of my house? What is it doing?” Just as people have raised privacy issues with Google Glass, so too may they raise privacy concerns with Amazon’s drones.

Amazon, is AMZN a good stock to buy, is GOOGL a good stock to buy, Google, Jon Fortt,

This issue as well as safety and a basic framework for unmanned aircrafts for the enterprise sector is exactly one of the issues the United States Federal Aviation Authority is tackling.

It has led to Amazon.com, Inc. (NASDAQ:AMZN) threatening to develop its drones in other places, a thing which some experts don’t want to happen as they say the U.S. will benefit from research in this field and the consequent industry it will spawn if indeed the technology becomes commercial.

Google Inc (NASDAQ:GOOGL) also has interest in developing drones as well as other automated vehicles such as driver-less cars.

Eashwar Krishnan’s Tybourne Capital Management owned 412,725 Amazon.com, Inc. (NASDAQ:AMZN) shares by the end of September. Also by the end of the same month, Stanley Druckenmiller’s Duquesne Capital owned 166,810 Google Inc (NASDAQ:GOOGL) shares.

Loading...