This is precisely where AI steps in, becoming a pivotal ally in food innovation that complements human intelligence. While substantial advances have been made in cellular agriculture (among others), the real challenge lies in scaling these innovations within a reasonable timeframe and at an affordable cost. Amidst these circumstances, venture capital investments in foodtech have surged, aiming to accelerate the development of alternative foods and food production methods. Add to this the imperative to slash emissions and land use, and we’re in need of a food production tech re-evolution.Įxplore the timeline at the bottom of this article for a summary of milestones in food production, AI, and their convergence from 1950 to today. The rate of global meat consumption is rapidly increasing, but agricultural yields are not keeping up with demand projections. With the planet projected to host nearly 10 billion inhabitants, the urgency is evident. Although it aimed for food security, the intensified fertilizer use raised concerns about environmental sustainability. The green revolution of the 1970s introduced high-yield crops and improved irrigation techniques. Simultaneously, global food production has evolved. The journey of artificial intelligence commenced with Alan Turing’s visionary ‘ Intelligent Machinery‘ in 1948, setting the stage for a 21st century explosion of breakthroughs in machine learning and in neural networks and paving the way for the integration of AI models across industries. The synergy of AI and food: Revolutionizing an industry In the first segment of a three-part deep dive into AI in food, Peakbridge explores how AI is digitizing consumption insights and new product development. But what do they bring to the food industry? The views expressed in this guest commentary are the authors’ own and do not necessarily reflect those of AgFunderNews.įrom accelerated drug discovery and turbo-charged R&D, to sparkling marketing copy and improved customer service, artificial intelligence (AI) and machine learning (ML) are being deployed in every field. Orly Savion is CTO and principal at agri-food tech investor PeakBridge. Editor’s Note: Eva Everloo is senior investment analyst, and Dr.
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