The global food crisis is a real and pressing issue. Millions of people around the world are going hungry, and the problem is only getting worse. Fortunately, there are some innovative technologies out there that could help solve this crisis. In this blog post, we will discuss 4 top tech investments that could help feed the world!
Not Just a Third World Problem
When thinking about a global food crisis, it’s easy to assume that it’s only a problem in developing countries. However, this is not the case. The global food crisis is a real and pressing issue in developed countries as well. In the United States, for example, over 42 million people are food insecure just a few years ago in 2021. This means that they don’t have reliable access to enough food to lead a healthy life.
How Investments Can Solve the Global Food Crisis
The cause of the global food crisis comes down to several factors. One of the main reasons is climate change. Climate change has led to droughts, floods, and other extreme weather events that have destroyed crops and left people without food. Other causes include war, poverty, and inequality. Poor financial management by those in power has also led to many famines throughout history.
Food can spoil, and people can go hungry, even when there is plenty of food to go around. The conditions where food is grown, transported, and stored must be carefully managed to avoid waste and ensure that everyone has enough to eat. This is why it’s so important to invest in technologies that can help solve the global food crisis.
Some of the most promising technologies include:
- Vertical Farming
- Blockchain Technology
- Artificial Intelligence & IoT
1. Vertical Farming
The first of the tech investments on our list is vertical farming. Investments in technology can help solve the global food crisis in several ways. One way is by increasing food production. New technologies can help farmers grow more food with less water and land. They can also help farmers deal with droughts, floods, and other extreme weather events.
CubicFarm Systems is an excellent example of how early investment in new agricultural technologies can have a big impact. The company has developed a system where farmers can grow crops in any climate, indoors or outdoors. The system uses much less water than traditional farming methods, and it doesn’t require any pesticides or herbicides.
Drones are another promising technology that can help solve the global food crisis. One can use these devices for a variety of tasks. Drones are a hot topic in the space, and are a very popular one of the tech investments. These include mapping land, delivering goods, and spraying crops with pesticides. One can also use drones to deliver emergency supplies to people in remote areas who are cut off from traditional supply chains.
One company that is using drones to solve the global food crisis is Zipline. Zipline is a drone delivery company that delivers medical supplies and blood to remote areas of Rwanda. The company has plans to expand its operations to other countries in Africa and Asia.
3. Blockchain Technology
Another on of the tech investments on our list is blockchain. Blockchain technology can help solve the global food crisis in several ways. One way is by increasing transparency in the food supply chain. One can use blockchain to track where food comes from. You can also use this technology to track the handling of food and whether it’s safe to eat. This information can be used to recall contaminated food before it reaches consumers.
Another way blockchain can help solve the global food crisis is by providing smallholder farmers with access to financial services. Many smallholder farmers lack access to banking services and credit. This makes it difficult for them to invest in new seeds, fertilizers, and other inputs that could help increase their yields.
Blockchain-based financial services can provide these farmers with the capital they need to grow more food and improve their livelihoods.
AgriChain is one company that is using blockchain to solve the global food crisis. AgriChain is building a blockchain-based platform that will increase transparency in the global food supply chain. The platform will allow consumers to track the journey of their food from farm to table. This is a very interesting, of the many, tech investments in this space.
4. Artificial Intelligence & IoT (Internet of Things)
Artificial intelligence (AI) is an interesting tech investment that can help solve the global food crisis. One way is by increasing food production. One can use AI to develop new crop varieties that are more resilient to drought, pests, and disease. This technology can also help farmers manage their land more effectively and increase yields.
Another way AI can help solve the global food crisis is by reducing food waste. You can even use AI-powered sensors to monitor food as it moves through the supply chain. These sensors can detect when food is spoiling and send alerts to farmers, processors, and retailers. This way, food can be diverted to other uses before it goes bad.
When paired with IoT (Internet of Things) devices, AI can be used to create a “smart food system” that is more efficient and resilient. For example, IoT-enabled sensors can be used to monitor soil moisture levels, weather conditions, and crop yields. You can then use this information to optimize irrigation systems and reduce water usage. Today, a list of the most popular tech investments can not be complete without AI and IoT.
Tech Investments to Alleviate Global Food Crisis – Summary
The global food crisis is a complex problem that will require a multi-faceted solution. There is no silver bullet that will solve the global food crisis, but technology can play a big role in mitigating the problem.
The technologies and solutions described above are just a few of the many that are being developed to solve the global food crisis. With continued investment and innovation, we can hope to see a future where everyone has enough to eat.
Cathie Woods’ ARK invests has predicted that technologies that converge to solve major world problems are at the forefront of investor returns.
As global society faces the triple threat of climate change, water scarcity, and food insecurity, it is more important than ever to invest in technology that can help solve these problems. The global food crisis is an opportunity for investors to do well financially by doing good socially.
The information presented in this article should not be taken as financial advice. Please do your own research before making any investments.
Have you made any tech investments to solve the global food crisis? Let us know in the comments below!