How can artificial intelligence change India's future in agriculture and how will artificial intelligence affect the Indian economy in the near future?
Artificial intelligence (AI) has the potential to transform the agriculture sector in India by promoting the use of AI and other technologies. The World Economic Forum’s Artificial Intelligence for Agriculture Innovation (AI4AI) initiative aims to transform the agriculture sector in India by promoting the use of AI and other technologies. The initiative brings together government, academia and business representatives to collaborate on the development and implementation of innovative solutions in the agriculture sector.
Artificial Intelligence has improved crop production and real-time monitoring, harvesting, processing and marketing. Different hi-tech computer-based systems are designed to determine various important parameters such as weed detection, yield detection, crop quality, and many more. AI can help detect field boundaries and bodies of water to enable sustainable farming practices, improve crop yields, and support India's 1.4 billion people and the rest of the world. Application of AI in agriculture provides farmers with real-time crop insights, helping them to identify which areas need irrigation, fertilization, or pesticide treatment. Innovative farming practices such as vertical agriculture can also increase food production while minimizing resource usage. From detecting pests to predicting what crops will deliver the best returns, artificial intelligence can help humanity confront one of its biggest challenges: feeding an additional 2 billion people by 2050, even as climate change disrupts growing seasons, turns arable land into deserts, and floods once-fertile deltas . Applied to key sectors such as education and healthcare, AI can help redress bottlenecks, effectively supporting improved learning and wellness costs at scale. For individual businesses, cognitive computing and AI readily motivate significant efficiencies and growth opportunities. AI helps farmers improve productivity, reduce costs, and increase efficiency, resulting in higher yields and greater profitability. Consumers: I help ensure food safety and quality by detecting contamination, spoilage, and other potential risks in the food supply chain. The primary idea of using artificial intelligence in agriculture is due its adaptability, superiority, and cost-viability. The customary techniques that were utilized by the farmers were not adequate enough to satisfy their necessities. In this way, new computerized strategies were presented. Artificial intelligence (AI) is expected to add $967 billion to the Indian economy by 2035, and around $450-500 billion to the nation's GDP by 2025, accounting for 10 per cent of the country's target of $5 trillion GDP. AI can potentially unlock USD621 billion of productive capacity in India, equivalent to close to one-fifth of GDP in 2021. India has an opportunity to better position its businesses and workers to unlock the potential of generative AI, as well as manage emerging risks. It can increase the efficiency with which things are done and vastly improve the decision-making process by analyzing large amounts of data. It can also spawn the creation of new products and services, markets and industries, thereby boosting consumer demand and generating new revenue streams.
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