An AgTech Findings survey conducted by crop management company The Yield Technology Solutions has found that there has been a staggering rise in demand for AI and data analysis solutions within the agriculture industry.
Out of over 800 US agricultural workers surveyed, more respondents felt as though AI was a greater investment priority than robotics.
Around 90% of respondents answered that they felt as though AI and data analytics would drastically disrupt their job in the agriculture industry within the next five years. In contrast only 54% of workers stated that they planned to invest in on-farm robotics in the next year.
This could be because over 90% of the survey’s respondents answered that they found it hard to improve their workflows based on data they currently have at their disposal.
AI tools such as large language models (LLMs) can summarise large amounts of data and generate responses to advise its user based on that data.
Within the next year, around 60% of agricultural businesses surveyed stated that they planned to increase their AgTech budgets, with 90% of respondents expressing a need for data apps and platforms.
Post time: Dec-08-2023