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I agree. In underdeveloped countries however, the number of people working in agriculture is much closer to 90%. The tech clearly exists to improve productivity
by bsbechtel 10y ago
I agree. In underdeveloped countries however, the number of people working in agriculture is much closer to 90%. The tech clearly exists to improve productivity in these countries, but the problems are (mostly) political and economic. In particular, dumping from the US distorts local commodity prices. This makes investment in new technology impossible for local producers. This is an area where lots of technologically advanced people have been working for a long, long time. If the advantage that YC/SV can add to ag is software and sensors, things are actually pretty advanced in that field (self-driving tractors have been around for 10+ years), just the perception is that farming is still low-tech. If YC believes a startup can provide new ways of thinking about some of these non-tech problems in the space, then there might be an opportunity to make significant improvements, especially in developing countries.
- mdorazio 10y agoAnother unmentioned issue: if we brought farming technology rapidly to underdeveloped countries and increased efficiency to western levels, how would these countries handle 80+% of the population being effectively jobless?
- wolfgke 10y agoAt least for the medium-term: birth control.
- bsbechtel 10y agoIncreasing efficiency to western levels won't happen overnight. It still takes time for the market to develop, and there would be several cycles of commodity prices collapsing which would squeeze out less efficient participants.