Artificial intelligence will redefine agriculture by 2025, according to Syngenta
Syngenta CEO Jeff Rowe highlighted five key AI trends at the World Economic Forum that will drive sustainability and efficiency in the agricultural sector.
Artificial intelligence is poised to transform agriculture by 2025, according to Jeff Rowe, CEO of the Syngenta Group. During a roundtable discussion at the World Economic Forum, Rowe presented five key trends that will shape the sector's evolution: from the use of AI in research and development of new products to its application in pest management, crop optimization, and supply chain efficiency. These innovations aim to improve the sustainability and productivity of agriculture globally.
The economic impact of AI on agriculture is significant. According to a report by AgriTech Market, the global agricultural technology market will grow from $24.19 billion in 2023 to $54.17 billion in 2029, while artificial intelligence in agriculture will increase from $1.7 billion in 2023 to $4.7 billion in 2028. Furthermore, the World Economic Forum estimates that the digitalization of the sector could increase the agricultural GDP of developing countries by $450 billion annually.
To make these innovations accessible, Rowe and Suzanne DiBianca, Salesforce's director of impact, emphasized the need for collaboration among businesses, governments, and farmers. Reducing financial and technical barriers will be key to the adoption of these technologies, allowing AI and sustainable agriculture to work together to mitigate climate change and ensure future food security.
Source: portalfruticola.com
