The Smart Agriculture Competition was an inaugural event co-organized by Pinduoduo and the China Agricultural University. In the competition, four technology teams utilizing AgriTech practices competed with traditional farmers over four months to grow strawberries.
Sensors deployed in the greenhouse to monitor plant growth at the Smart Agriculture Competition [Source: Pinduoduo]
The tech teams utilized artificial intelligence (AI) and Internet of things (IoT) in their strategies. The results yielded an average of 196% more strawberries, by weight, than traditional farmers. The technologies also outperformed farmers in terms of return on investment by an average of 75.5%.
The AgriTech teams had the advantage of being able to control temperature and humidity through automation of their greenhouse. They used intelligent sensors and automation to achieve precise control of water and nutrient supplements. These were tasks that traditional farmers had to accomplish by hand.
The contest was intended to help traditional farmers and data scientists better understand each other’s work and how collaborations could be advantageous for all parties. Numerous studies show the potential for AI to boost economic growth and productivity. By 2035, labour productivity in developed countries could rise by 40% due to AI’s influence. Sweden, Japan, and the US are expected to be at the forefront of those productivity increases.
The Global Technology Governance Report 2021 considers some of the most important applications for these technologies. And the governance challenges that should be addressed for these technologies to reach their full potential.
This news bite was adapted from an article originally written for WE Forum.
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