Altcoins Talks - Cryptocurrency Forum
Further Discussions => Entrepreneurship , Business & Online Work Forum => Topic started by: Findingnemo on November 12, 2024, 07:05:40 PM
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We all know the evolution of technology such as AI is taking over most of the field but agriculture sector will never be replaced so focusing on it can be a foolproof system against the evolution.
So let's talk about how can we be more profitable in the market and what are the innovative idea that you had seen in this field in the recent days.
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We all know the evolution of technology such as AI is taking over most of the field but agriculture sector will never be replaced so focusing on it can be a foolproof system against the evolution.
So let's talk about how can we be more profitable in the market and what are the innovative idea that you had seen in this field in the recent days.
It's good that you started this topic because it is a very good way to find entrepreneurial ideas for agriculture we need innovation and integration of modern technologies that can make farming more efficient, reduce waste, and even increase profits.
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We all know the evolution of technology such as AI is taking over most of the field but agriculture sector will never be replaced so focusing on it can be a foolproof system against the evolution.
So let's talk about how can we be more profitable in the market and what are the innovative idea that you had seen in this field in the recent days.
It's good that you started this topic because it is a very good way to find entrepreneurial ideas for agriculture we need innovation and integration of modern technologies that can make farming more efficient, reduce waste, and even increase profits.
MOdern machinery are in practice for a while that helped the farmers to deal with the labour shortage but it also took the jobs of many in some countries but that's the nature of the evolution. Now they can integrate AI into the farming and need to keep finding new ideas to stay ahead of the competition. And what I will be suggesting is trying to eliminate the middle men will greatly increase their revenue because most of the profits are goes to the middlemen rather than the one who produced the product.
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We all know the evolution of technology such as AI is taking over most of the field but agriculture sector will never be replaced so focusing on it can be a foolproof system against the evolution.
So let's talk about how can we be more profitable in the market and what are the innovative idea that you had seen in this field in the recent days.
The agricultural sector is one sector that has evolved and allot of transformations has taken place in it so entrepreneur can bring their knowledge to the agricultural sector as one of the key aspect of every economy is agriculture so basically we need entrepreneur that can come and invest in the agric sector in this modern era of agriculture allot of nations has made use of technology in agriculture machanize farming is what is needed to transform the agricultural sector one area that has not been fully taped into by entrepreneur is in the agricultural sector as allot of people usual overlook this sector but if fully taped into it can bring allot of agricultural entrepreneur out
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one of the most recent agricultural developments that could have one of the biggest potential is precision agriculture where it relies on drones and sensors trying to collect data regarding moisture level, soil conditions and many more things that could affect farming these data will be then analyzed by AI and help farmers make decisions to ensure maximum productivity
the problem here though is this is too expensive and if the government doesn’t help farmers to get this, it is also no use to farmers we need to find a way to make it more sustainable and accessible for farmers
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one of the most recent agricultural developments that could have one of the biggest potential is precision agriculture where it relies on drones and sensors trying to collect data regarding moisture level, soil conditions and many more things that could affect farming these data will be then analyzed by AI and help farmers make decisions to ensure maximum productivity
the problem here though is this is too expensive and if the government doesn’t help farmers to get this, it is also no use to farmers we need to find a way to make it more sustainable and accessible for farmers
It's a good idea which enables less workforce needed to maintain the large area because wages is the big expenditure in the agriculture than anything so reducing it will help them to make more profits.
I agree those are expensive but if it's manufacture in large scale the prices will decrease a lot and also it's one time investment that will give the returns in the long run.
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We all know the evolution of technology, such as AI is taking over most of the field but agriculture sector will never be replaced so focusing on it can be a foolproof system against the evolution.
AI can still replace many jobs in the agricultural sector. Many workers could still lose their jobs.
So let's talk about how can we be more profitable in the market and what are the innovative idea that you had seen in this field in the recent days.
I have seen people use less land to farm more crops; that is, in a world where the availability of land is dwindling, people have devised means and methods to ensure that that is not a limitation. There is even better farming technique where water is not a limitation because less water is required for a very huge amount of produce.
Go and research vertical farming.
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I have seen people use less land to farm more crops; that is, in a world where the availability of land is dwindling, people have devised means and methods to ensure that that is not a limitation. There is even better farming technique where water is not a limitation because less water is required for a very huge amount of produce.
Go and research vertical farming.
I have seen this one too but currently in practice for cattle fodders but don't know it's used for other kinds of crops, well it's good technique to deal with the modern day problems but to make it work on big scale the cost of the whole thing needs to be reduced for that the continuous research and development needed that's where someone can make tons of money.
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I have seen people use less land to farm more crops; that is, in a world where the availability of land is dwindling, people have devised means and methods to ensure that that is not a limitation. There is even better farming technique where water is not a limitation because less water is required for a very huge amount of produce.
Go and research vertical farming.
I have seen this one too but currently in practice for cattle fodders but don't know it's used for other kinds of crops, well it's good technique to deal with the modern day problems but to make it work on big scale the cost of the whole thing needs to be reduced for that the continuous research and development needed that's where someone can make tons of money.
Vertical farming that he is saying is somewhat the result of research and studies much like the aquaphonics or sort of.
Japan and China I think has the most advanced when it comes to new ways of farming since these are the fertile land in Asia while having a winters ever year. They have to develop ways to produce more food before the filed freezes cold.
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We all know the evolution of technology such as AI is taking over most of the field but agriculture sector will never be replaced so focusing on it can be a foolproof system against the evolution.
So let's talk about how can we be more profitable in the market and what are the innovative idea that you had seen in this field in the recent days.
It's good that you started this topic because it is a very good way to find entrepreneurial ideas for agriculture we need innovation and integration of modern technologies that can make farming more efficient, reduce waste, and even increase profits.
Integrating technology into farming practices is beneficial because it reduces the need for manual labor. Labor costs are typically the biggest expense for farmers, affecting agricultural businesses' profitability. By minimizing labor costs, farmers can increase their profit margins.
Using agricultural machinery, such as tractors, is highly advisable as it reduces human labor and stress, saves time and energy, and minimizes expenses. Although purchasing agricultural machinery may be costly, it's a one-time investment. Once acquired, these machines require only maintenance, whereas hiring human labor requires recurring expenses. Agricultural machinery makes work faster and easier, increasing efficiency and productivity. adopting technology and machinery in farming is a wise decision for farmers.
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You know when many people lack the knowledge of agriculture and think nothing good is in it but I will tell you that a man is making a very good amount of money from agriculture in my area why because he left everything politics and followed agriculture planted palm trees everywhere and and also employed workers to get oil from it now he is one of the richest in my area.
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We all know the evolution of technology such as AI is taking over most of the field but agriculture sector will never be replaced so focusing on it can be a foolproof system against the evolution.
You're completely mistaken.
Ai won't take over housing, fast food, commerce, car industry, or energy transport, it will be integrated in it!
And things that are AI like, or some mistake for AI have always been in agriculture for decades, you have automatization on an insane scale in everything from crops to cattle, we had automatized milking machines since 2000, we have temperature control units, we have automated feeders, these have been around before smartphones existed ;D
Vertical farming that he is saying is somewhat the result of research and studies much like the aquaphonics or sort of.
https://fortune.com/2023/09/18/indoor-farming-startups-bankruptcy-dumb-idea-expensive/
And yet they all fail because they forgot to do the math behind the cost before anything else.
https://ambrook.com/research/supply-chain/vertical-farms-venture-capital-chapter-11
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You're completely mistaken.
Ai won't take over housing, fast food, commerce, car industry, or energy transport, it will be integrated in it!
And things that are AI like, or some mistake for AI have always been in agriculture for decades, you have automatization on an insane scale in everything from crops to cattle, we had automatized milking machines since 2000, we have temperature control units, we have automated feeders, these have been around before smartphones existed ;D
AI can take over housing to some extent, we already have 3d printed house that can be just built with the help of minimal work force, there could be a machine that can be loaded with recipies which can cook to the perfection and so on, so we can't say nothing is gonna be in the way of evolution.
But I am not expert in agriculture either but just trying to explore the options, where and how can we monetize via the evolution.
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AI can take over housing to some extent, we already have 3d printed house that can be just built with the help of minimal work force, there could be a machine that can be loaded with recipies which can cook to the perfection and so on, so we can't say nothing is gonna be in the way of evolution.
That's not AI!
That's a machine programmed to put blocks in one place, it has little to do with AI and there were robots building houses before OpenAI and chatgpt were even founded. Just like these are normal robots built like this decades go before AI was a buzzword.
But I am not expert in agriculture either but just trying to explore the options, where and how can we monetize via the evolution.
This is the thing, my parents are farmers, my grandparents were and I spend 10 years of my damn life managing that till I got absolutely tired of it, so trust me, the level of technology and automatization we have is already pushed to the max here and will continue to do so AI or not AI.