Explore the evolution and impact of drone technology in this Stanford seminar featuring Chris Anderson from 3DR. Delve into the transformation of the aerospace industry through open innovation, tracing the journey from DIY drones to disrupting consumer and industrial markets. Discover how open-source governance, transaction costs, and community-driven development have reshaped the drone landscape. Examine the challenges and opportunities in competing with established players, navigating regulations, and addressing safety concerns. Gain insights into the future of autonomous flight, the role of artificial intelligence, and the potential applications of drones across various sectors, including journalism and transportation.