Israeli Hi-Tech Hit Hard By Economy, Judicial Reform Fights, War - But Stabilizing

Reeling from the troubles of the global economy, the internal societal struggle over judicial reform, and the war, the Israeli hi-tech sector appears to be stabilizing in terms of investment and employment, according to a Globes analysis.

While investment is down, early and quick mergers and buyouts, known as "exits" have helped keep the sector afloat.

Israeli hi-tech faces some serious challenges, including the rise of AI, which is not a field Israel has a comparative advantage, as opposed to other fields such as cyber defense.

People in the field are hoping that a wave of experts and expected reduction of interest rates will help restart the struggling "locomotive" of the Israeli economy.