Can Israel’s mighty tech industry withstand a wider war?
Its resilience is being tested
Soon after Hamas attacked on October 7th last year, around a third of workers at Elsight, an Israeli maker of drone communications systems, were called up to fight in Gaza. A similar exodus took place across Israel’s tech sector, which accounts for over half of the country’s exports, a fifth of GDP—and a fifth of the reservists in the Israel Defence Forces (IDF).
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This article appeared in the Business section of the print edition under the headline “Under fire”
Business October 12th 2024
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From the October 12th 2024 edition
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Masayoshi Son is back in Silicon Valley—and late to the AI race
This isn’t the first time the Japanese tech investor has missed the hot new thing
When workplace bonuses backfire
The gelignite of incentives
China is writing the world’s technology rules
It is setting standards for everything from 6G to quantum computing