Smart farming is already proving profitable in some regions, global analysis finds
AI Summary
A global analysis finds that smart farming tools—including robots, drones, and AI—are already profitable across 42% of the world's cropland. The share could rise to 50% over two decades, or reach 75% under stricter environmental regulations; looser rules could reduce it to 31%.
The use of robots, drones and AI tools in agriculture is already paying off on 42% of the world's cropland. This could increase to 50% in the next 20 years and to as much as 75% if every country tightened environmental regulations. If every country loosened its regulations, it would fall to 31%.
World Markets AI & Tech Commodities smart farming agriculture farm robotics drones artificial intelligence cropland environmental regulation