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In the midst of Russia’s war against Ukraine, one idea has gained remarkable traction: that fully autonomous drones represent the future of defence. Fewer humans, more machines, faster outcomes. Autonomy, in this narrative, is treated as a proxy for progress and often even for intelligence.

This is a dangerous misconception.

Ukraine’s ongoing resistance against Russia has shown the world, in the starkest possible terms, how profoundly modern warfare has changed. Large, expensive and slow-to-adapt systems are no longer the decisive factor. Instead, smaller, software-defined unmanned systems dominate the battlefield because they are fast to adapt, cost-efficient and integrated into a broader information ecosystem.

What we’ve learned from Ukraine is that what matters most is not whether a system can operate without human input for as long as possible. What matters is whether it can help humans see, understand and decide faster than their opponent.

The reality of the modern battlefield

Nowhere else has it become so clear how unforgiving real-world conditions are for technology. Systems operate in contested and unpredictable environments. GPS signals disappear. Communications are disrupted. Data is incomplete, outdated or contradictory. These are no longer edge cases; they are the baseline.

Fully autonomous systems may perform impressively in controlled settings, but in reality, when circumstances shift unexpectedly, the risk of failure increases sharply. Intelligence is not about operating in a vacuum but handling ambiguity, context and uncertainty – areas where humans remain essential.

This is why autonomy is so often mistaken for intelligence. We assume that removing humans from the loop automatically makes a system more advanced. In reality, it often removes the very element that allows systems to cope with complexity.

What AI is actually good at

Artificial intelligence has become indispensable in modern unmanned systems, not because it replaces human judgment but because it addresses a very practical problem: cognitive overload.

Modern conflicts generate enormous amounts of information: video feeds, sensor data, maps, alerts and signals arriving simultaneously. No human can process all of this in real time. AI excels at filtering noise, prioritising relevant signals, detecting patterns and preparing information for decision-makers.

In this sense, AI’s most meaningful role today is supportive. It shortens the path from observation to understanding, reduces the likelihood of human error in high-pressure situations and enables faster, better-informed decisions. The final responsibility, however, remains in human hands.

Meaningful human control is not a brake on innovation

New technologies are transforming warfare while raising uncomfortable moral questions. Who is responsible when machines make life-or-death decisions? How do we ensure compliance with international law? How do democratic societies compete with adversaries who ignore ethical limits altogether?

The answer cannot be to stand still. Speed matters, and those who disregard rules will not pause for ethical debate. Equally, the response of democratic societies cannot be to abdicate responsibility.

Meaningful human control remains crucial. This does not mean humans must manually operate every function – automation handles speed, repetition and data processing. Humans provide context, judgment and ethical responsibility when needed, especially in complex or ambiguous situations. We must continue to invest and drive innovation – maintaining a technological edge means that this moral imperative can remain our strength, not a disadvantage on the battlefield.

Autonomy in weapons systems is not new – from automated air defence systems to fire-and-forget missiles. What AI does is accelerate and expand existing forms of automation. The decisive factor is therefore not whether autonomy exists, but how, under what rules and with what transparency oversight is ensured when systems encounter ambiguous circumstances.

Regulation must keep pace with reality

Regulation in defence technology is essential. Clear red lines must be drawn where ethics, responsible use and international law are concerned. At the same time, regulatory frameworks must be fast and adaptive enough to reflect today’s security realities.

Throughout Europe, clearer and more agile rules are needed to enable responsible innovation rather than stifling it. If regulation lags too far behind technological and geopolitical developments, democratic states risk losing the ability to protect their people, their sovereignty and their values.

This debate matters not only for Ukraine, but for Europe’s own security – from the Baltic states sitting on NATO’s Eastern flank to critical infrastructure protection at home.

The future will be unmanned – but not unhuman

Some argue that AI will inevitably make wars faster and more dangerous. The truth is more nuanced. AI can also reduce mistakes, improve situational awareness and help protect lives, if used responsibly.

Progress will not be defined by removing humans completely from the equation. It will be defined by how well systems support people under pressure, how transparently they communicate their limits and how firmly responsibility remains with human decision-makers.

The future of defence will indeed be increasingly unmanned. But intelligence is not measured by autonomy alone. And if we get this wrong, we risk building systems that are fast, but blind – powerful, but clueless in complex situations.

For democratic societies, that is a risk we cannot afford.

Stock market recommendations: Motilal Oswal Financial Services Ltd recommends the top stock picks for the week starting February 9, 2026. These are: SAIL, and Ventive Hospitality. Here’s a detailed analysis:

SAILSAIL delivered an in-line operating performance in 3QFY26, with healthy steel volumes offsetting weak realizations, underscoring improving execution and cost discipline. Sales volumes rose 16% YoY to 5.15 million tonnes, aided by aggressive inventory liquidation and stronger market outreach, while inventory levels declined to 2.4 million tonnes, releasing working capital and strengthening the balance sheet. Although average realizations softened, profitability was supported by scale benefits, stable coking coal costs during the quarter, and disciplined operating controls. Management commentary points to a more constructive near-term outlook, with January price hikes expected to fully reflect in February realizations, further inventory reduction planned in 4Q, and operations normalized across key plants. Medium-term visibility is reinforced by sustained volume targets, ongoing deleveraging, and a structured capex program focused on modernization and efficiency gains, which should structurally improve cost competitiveness over the cycle.Ventive HospitalityVentive Hospitality (VENTIVE) operates marquee luxury assets in the hospitality (77%) and annuity (23%) segments. It is expanding its presence beyond Pune to high-growth cities like Bengaluru & Navi Mumbai, reducing concentration risk. Alongside Soho House partnership (membership-based revenue), these expansions support stronger occupancy, revenue and medium-term earnings visibility. In its hospitality segment, international operations account for 54% of segment revenue, and is expected to deliver 21%/27% revenue/EBITDA CAGR over FY25-28, supported by new developments, rising luxury demand, and improved connectivity. Over FY25-28, we expect VENTIVE to deliver a 21% CAGR in both revenue and EBITDA, driven by rapid multi-city expansion, diversification into membership-led hospitality via Soho House and strong overseas performance led by high-ADR Maldives assets and expansion into Sri Lanka. Adj. PAT is likely to double, supported by operating leverage, lower interest costs and reduced tax burden.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)

International credit rating agency Moody’s has revised Pakistan’s banking sector outlook from positive to stable.

According to Moody’s outlook report, Pakistan’s economic conditions are gradually improving, although the pace of recovery remains slow. The report states that banks’ performance is expected to remain stable over the next 12 to 18 months.

The report also highlights that high interest rates and credit risk pressures persist in Pakistan. Moody’s identified government financial challenges as a major risk for the banking sector.

Moody’s projects Pakistan’s GDP growth at 3.5 per cent in 2026 but noted that concerns over external financing and inflation remain. Additionally, risks associated with policy implementation could affect the outlook.

Read: Moody’s upgrades deposit ratings of Pak banks

Earlier, Moody’s Ratings upgraded to Caa1 from Caa2 the local and foreign-currency long-term deposit ratings of five Pakistani banks, namely Allied Bank Limited (ABL), Habib Bank Limited (HBL), MCB Bank, National Bank of Pakistan (NBP) and United Bank Limited (UBL).

“We have also upgraded the baseline credit assessments (BCAs) and adjusted BCAs for ABL, HBL, MCB and UBL to Caa1 from Caa2, and for NBP to Caa2 from Caa3,” the rating agency said in a statement.

The outlook on long-term deposit ratings of all banks has been changed to stable from positive.

Rating actions follow its decision to upgrade the government of Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa1 from Caa2 to reflect Pakistan’s improving external position, supported by its progress in reform implementation under the International Monetary Fund’s (IMF) Extended Fund Facility.

Moody’s said that the decision to upgrade Pakistani banks’ ratings reflects the country’s improving operating environment, as captured by the raising of its Macro Profile for Pakistan to “very weak+” from “very weak”; the government of Pakistan’s improved capacity to support banks in case of need, as indicated by the sovereign rating upgrade; and banks’ own resilient financial performance.

The revised Macro Profile score is underpinned by Pakistan’s improving external position, supported by its progress in reform implementation. Nonetheless, it said, Pakistan’s external position remains fragile. Its foreign exchange reserves remain well below what is required to meet external debt obligations, underscoring the importance of steady progress with the IMF programme to continually unlock financing.