> 4. You can't A/B test a farm (yet) This is done all the time. When evaluating a new seed variety, a different seed spacing, a new nitrogen application, farmers will do a test plot next to the control. If things looks good then they'll expand the new change to more acreage.
There's farms near me that have a field of corn, every 5 rows has a different sign up with some sort of code and a logo for a seed company. I'd always assumed thats what they were testing.
Things Silicon Valley gets wrong about agriculture
21–30 of 135 posts
Re: Things Silicon Valley gets wrong about agriculture
#22Earlier quoted context omitted.
Vertical farming can do 10X, GMOs can do 10x, urban farming can cut out 90% of transportation costs, (not exactly what you mean but getting people to eat less meat would 100x our efficiencies) there is still room for improvement.
Even in a place like Canada where so much food is imported, transportation only adds up to about 12pc of the total energy cost. I'm not aware of any vertical farm that is 10x as efficient as a regular farm.
Re: Things Silicon Valley gets wrong about agriculture
#23Why? Population modelling doesn’t have a doubling in that time. I’ve read the link but suspect I need a EILI5.
Re: Things Silicon Valley gets wrong about agriculture
#24The key insight Silicon Valley lacks about agriculture is that there is little potential for a big win. Major improvements mean 10% of something, not 10x. US agriculture is already highly efficient. On the down side, there's potential for a big loss if you screw up.
Govts decide farming subsidies, allowable environmental damage & even exploitative immigrant labor practices based on the prices their voters would be willing to pay. This means that an order of magnitude improvement in efficiency will likely lead to reduced subsidies rather than increased profits. Also, the value of food is subjective. Increasing lobster or caviar supply will decrease its perceived desirability just as fast. So infinite scaling laws stop applying pretty quickly.
The one agricultural industry that is ripe for disruption is the fake-DOP industry. A lot of European premium processed DOP goods are expensive because they are manual labor intensive. If you can train some minimum-wage laborers in a 3rd world nation to do the manual labor, then you can sell practically-perfect Parmigiano-Reggiano or Jamon-Iberico for a fraction of their price. As of now, all the fake DOP products are vastly inferior (it isn't rocket science) and still incur huge labor costs because they're still produced in 1st world countries.
Premium sausages, Premium cheeses, Premium sliced meats are ripe for disruption. It won't replace these products in top-tier $$$-$$$$ restaurants. But the more numerous $-$$ restaurants would be salivating at the prospect of such a replacement.
I am already seeing some of this. ~~Columbian~~ (Colombian) Burrata is both cheaper and a better product for US customers due to faster supply chains. I'd like to see more of this from developing and underdeveloped countries with the right climate, soil and water table.
Re: Things Silicon Valley gets wrong about agriculture
#25> 4. You can't A/B test a farm (yet) This is done all the time. When evaluating a new seed variety, a different seed spacing, a new nitrogen application, farmers will do a test plot next to the control. If things looks good then they'll expand the new change to more acreage.
This is exactly akin to how social media companies do growth hacking. Try something new out on x% of the users/crops, measure the results. You don't have to risk your whole farm on it, unless there is a huge capital expense on equipment.
Re: Things Silicon Valley gets wrong about agriculture
#26World food production needs to double by 2050? Why? Population modelling doesn’t have a doubling in that time. I’ve read the link but suspect I need a EILI5. https://ourworldindata.org/future-population-growth
Re: Things Silicon Valley gets wrong about agriculture
#27The key insight Silicon Valley lacks about agriculture is that there is little potential for a big win. Major improvements mean 10% of something, not 10x. US agriculture is already highly efficient. On the down side, there's potential for a big loss if you screw up.
I'd go 1 level deeper than that. Agriculture isn't a real market at all. It is closer to govt infrastructure contract work, than selling a commodity. There are no wins, juts minimized losses. Govts decide farming subsidies, allowable environmental damage & even exploitative immigrant labor practices based on the prices their voters would be willing to pay. This means that an order of magnitude improvement in efficien…
Re: Things Silicon Valley gets wrong about agriculture
#28While it's true that increasing global food production is one way to enable food security for a growing population, I think it's also pertinent to analyze the inefficiencies within our current supply chains. Food waste is a big issue[1] and efficiencies gained in this area could also have a big impact.
Re: Things Silicon Valley gets wrong about agriculture
#29World food production needs to double by 2050? Why? Population modelling doesn’t have a doubling in that time. I’ve read the link but suspect I need a EILI5. https://ourworldindata.org/future-population-growth
Re: Things Silicon Valley gets wrong about agriculture
#30The key insight Silicon Valley lacks about agriculture is that there is little potential for a big win. Major improvements mean 10% of something, not 10x. US agriculture is already highly efficient. On the down side, there's potential for a big loss if you screw up.
I'd go 1 level deeper than that. Agriculture isn't a real market at all. It is closer to govt infrastructure contract work, than selling a commodity. There are no wins, juts minimized losses. Govts decide farming subsidies, allowable environmental damage & even exploitative immigrant labor practices based on the prices their voters would be willing to pay. This means that an order of magnitude improvement in efficien…
Why can't Parmesan or Reggiano or Burrata be made like that?