Teams of data scientists competed over four months to grow strawberries remotely using Internet of Things technology coupled with artificial intelligence (AI) and machine learning-driven algorithms.
In the competition, the technology teams had the advantage of being able to control temperature and humidity through greenhouse automation, the organizers said. Using technology such as intelligent sensors, they were also more precise at controlling the use of water and nutrients. The traditional farmers had to achieve the same tasks by hand and experience.
One of the teams, Zhi Duo Mei, set up a company to provide its technology to farming cooperatives after it generated a lot of interest during the competition.
The contest helped the traditional farmers and the data scientists better understand each other’s work and how they could collaborate to everyone’s advantage, the leader of the Zhi Duo Mei team, Cheng Biao, said.
Numerous studies show the potential for Fourth Industrial Revolution technologies like AI to boost economic growth and productivity.
Sweden, the US and Japan are expected to see the highest productivity increases.
In its Future of Jobs Report 2020, the World Economic Forum estimates that by 2025, 85 million jobs may be displaced by a shift in the division of labour between humans and machines, while 97 million new roles may emerge that are more adapted to the new division of labour between humans, machines and algorithms.
The World Economic Forum was the first to draw the world’s attention to the Fourth Industrial Revolution, the current period of unprecedented change driven by rapid technological advances. Policies, norms and regulations have not been able to keep up with the pace of innovation, creating a growing need to fill this gap.
The Forum established the Centre for the Fourth Industrial Revolution Network in 2017 to ensure that new and emerging technologies will help—not harm—humanity in the future. Headquartered in San Francisco, the network launched centres in China, India and Japan in 2018 and is rapidly establishing locally-run Affiliate Centres in many countries around the world.
Learn more about the groundbreaking work that the Centre for the Fourth Industrial Revolution Network is doing to prepare us for the future.
Want to help us shape the Fourth Industrial Revolution? Contact us to find out how you can become a member or partner.
Emerging technologies including AI and drones will also play a vital role in helping the world recover from COVID-19, according to a separate Forum report compiled with professional services firm Deloitte.
The Global Technology Governance Report 2021 considers some of the most important applications for these technologies – and the governance challenges that should be addressed for these technologies to reach their full potential.
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