Peternomics

Page 29

IS ARTIFICIAL INTELLIGENCE THE FUTURE OF FARMING? Agricultural production has tripled between 1960 and 2015 with the world’s population growing from 3 billion to 7 billion. With this it has put added further pressure on farmers to deliver high yielding crops to help feed the population. This is shown by a UN study saying that food production will need to increase by 50% with the increased 2 billion people that need to be fed. Therefore, with the AI been introduced into agriculture it tackles the labour challenge due to less people entering the $5 trillion industry. This new technology helps aid to two major sides livestock and arable. AI Arable farming AI has had a huge impact so far with the major tractor brands creating GPS tractors that drive in straight lines by themselves, this helps increase yields by reducing soil compaction and time is saved as the same land isn’t over worked that saves time. The main leader in this fields is John Deer with their Greenstar GPS that cost $1050 for an annual subscription with a new John Deer tractor costing over £150,000. Farmers are now also using AI to create seasonal forecasting models to help improve accuracy and increase productivity. This allows them to accurately predict upcoming weather patterns months ahead to help the farms make better decisions when planting crops. This technology is helping smaller farmers due to small farms produce 70% of the world’s crops. AI used in drones allows farmers to analyse their fields from the sky, this can be used to show how good the yield is and help identify areas of the fields that require more work to increase yields. By farmers using this its reducing their total cost by only buying the required products needed meaning more money left in the bank to re-invest. AI technology can also be used on arable farms to identify diseases in the plants, pests and poor nutrition of the plants. Further to this the AI sensors can detect, and target weeds then decide which herbicide that need to be applied within certain regions to increase plant yields.

PAGE 28


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THE SURPRISING LINK BETWEEN ART AND THE ECONOMY Maddie Gilbert

2min
page 57

CORONAVIRUS AND THE ECONOMY James Brown

3min
pages 58-60

TAX EVASION Frazer Fennell

2min
page 56

THE PRICE OF CYBERCRIME Harry Vincent

1min
page 55

BEHAVIOURAL ECONOMICS AND SUPERMARKET SHOPPING Millie Colemans

2min
page 54

SPONSORSHIP IN F1 Alex Rogers

2min
page 53

THE RISE OF SOUTH EAST ASIA Rory Lange

4min
pages 51-52

INSIDER TRADING Max Marshall

2min
page 50

GLOBAL PANDEMICS AND LUXURY GOODS Charlie Munns

2min
page 48

THE ECONOMIC CRISIS IN VENEZUELA Fabi Mattias

2min
page 49

THE ‘WINNERS’ FROM A PANDEMIC Ben White

3min
pages 46-47

THE AVIATION INDUSTRY Rose Liley

1min
page 45

COVID-19 AND TOURISM Charlotte Hill

2min
page 44

THE EFFECT OF LOCKDOWN ON DIFFERENT FIRMS Freya Visentin

2min
page 40

GLOBAL TRADE DURING LOCKDOWN Kate Pearson

2min
page 42

WILL GLOBAL CORPORATION TAX BE SUCCESSFUL? Jess Jones

2min
page 41

VACCINES AND UK PRODUCTIVITY Alex Zhong

1min
page 38

DO OUR PHONES KNOW US TOO WELL? Melissa Bell

2min
page 39

ABSURDLY EXPENSIVE ART Aanya Shukla

3min
page 37

SPORT GOVERNANCE AND MANAGEMENT Dylan Jones

2min
page 36

THE IMPACT ON TOPSHOP Novid Nuri

1min
page 35

HOW BUSINESSES ARE BECOMING MORE ECO-FRIENDLY Emily Rastrick

4min
pages 33-34

COVID-19 AND THE PUBLISHING INDUSTRY Brooke Taylor

3min
page 31

HOW THE ILLEGAL SALE OF DRUGS SAVED BANKS

2min
page 32

WAGE STAGNATION Kate Moodycliffe

2min
pages 27-28

IS AI THE FUTURE OF FARMING? Isaac Allison

3min
pages 29-30

GAZPROM AND SPORTS WASHING Will Contreras

2min
page 26

HOW WAR MAKES MILLIONAIRES Will Rebeiro

3min
pages 24-25

HOW HAVE SMALL FIRMS SURVIVED? Elise Horsfield

1min
page 23

THE WORLD’S MOST EXPENSIVE LIQUID Oaken Freach

2min
page 20

APPLE AND ANDROID Nat Esler

2min
page 17

THE ECONOMICS OF YOUTUBE Wilf LaValette

2min
page 22

2014 – A WORLD CUP DISASTER Joe Hornby

3min
pages 18-19

THE HIGH STREET DECLINE Emily Hardaker

2min
page 21

THE ESL Seb Baden-Thomas

2min
page 15

BEHAVIOURAL ECONOMICS AND NUDGE THEORY Elysia Uriwn

2min
page 16

COLOUR PSYCHOLOGY IN MARKETING Lucy Falconer

2min
page 14

HOW FIRMS REACT TO EXTERNAL EVENTS Leo Scrimshaw

3min
pages 9-10

THE IRRATIONALITY OF RATIONAL BEHAVIOUR Walter Tang

2min
page 7

THE ECONOMIC IMPACT OF QATAR 2022 Novid Nuri

2min
page 13

COVID-19 AND DELIVEROO Natalie Ning

1min
page 8

SOCIAL MEDIA INFLUENCES ON FASHION MARKETING Alice Wilson

2min
page 5

INCOME INEQUALITY IN THE UK Jack Rowe

3min
pages 11-12

INTERNATIONAL CORPORATION TAX Alex Freshwater

1min
page 4

THE IMPACT OF COVID-19 ON FARMING James Harvey

1min
page 6
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