Earlier quoted context omitted.
Pretty much everything that insects do is beyond our current AI and engineering tech. Ignoring the "engineering" feats that biological beings perform such as replication, respiration and turning other plants and creatures into their own energy source, their behaviour is very sophisticated. Imagine programming a drone to perform the work of a foraging Bee, using a computer that fits into a brain the size of a grain of…
Aside from the miniaturization, I'd be surprised if we couldn't make an exact simulacrum of a honey bee in software today, to the limits of our understanding of honey bees. As with AI... a system can be simulated to a given level of fidelity without necessarily simulating the entire original underlying system.
Perhaps more relevantly, an automaton that could observe such a waggle dance using computer vision and then navigate to the food source described by the waggle seems to me to strain the bounds of our current capabilities, or maybe even to surpass them by an order of magnitude.