Executive summary
Technological innovation coupled with farmers’ intimate knowledge of their craft is paving the way for farming 4.0 that will be more sustainable and efficient than ever before. This new era of “smart” and sustainable farming is transforming food production by harnessing a range of emerging and established information, communications and processing technologies, from multi-access edge computing (MEC) and fifth-generation networking (5G) to advanced sensors and artificial intelligence (AI).
This shift is not just about what is technologically possible, however, but what is required; farming expenditures account for more than $350 billion in the U.S., and demand is rising,1 while natural resources are becoming more scarce.2 In 2013, the United Nations
(UN) estimated that the world would need to produce around 70% more food by 20503 to feed the 9.7 billion people it expects to be on the planet by then.4 Yet this must be achieved in line with international climate change mitigation targets and the UN’s Sustainable Development Goals. Greenhouse gas emissions from agriculture are currently a major contributor to global warming.5
The development and adoption of “agritech,” an umbrella term for smart farming technologies, is centered on meeting these challenges, as well as overcoming growing issues around water and labor scarcity and controlling pests and diseases.