What Are the Top AgTech Predictions for 2024?
In the past year, the agricultural sector encountered difficulties ranging from severe weather conditions to disruptions in the supply chain. But the situation has changed; the present-day agricultural sector is witnessing technology revolutions. The AgTech landscape has also forecasted certain trends that could impact the agricultural sector in the following years.
They are:
Generative Artificial Intelligence in AgTech:
Among the various trends in digital agriculture for 2024, the influence of generative AI, commonly called Gen AI, is expected to be particularly impactful. The economic implications of Gen AI are projected to reach trillions of dollars on a global scale. This presents a unique opportunity to enhance operational efficiencies, reduce expenses, and drive innovation by refining modeling techniques that support informed decision-making. Organizations are leveraging Gen AI through Digital Crop Advisors, enabling agronomists to transform agronomic data into practical farmer recommendations.
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