Purdue University invited Yann Risz, Aligned Incentives Co-founder and CEO, to provide an industry perspective on the AI in Agriculture webinar on November 15, 2023. This webinar, led by Dr. Art Sedighi, Purdue Global Faculty in data science and programming, was part of Purdue’s AI curriculum that highlights the latest advancements and industry applications of AI.
Topics of Dr. Sedighi’s presentation included the importance of data and AI in agriculture, and various tech-based solutions such as precision agriculture. He discussed many applications of AI in agriculture such as more precise soil health management through data mining/data analytics, improved crop management using natural language processing, and better water management using sensors/streaming data.
When integrating AI in agriculture, Yann emphasized the importance of aligning commercial goals with societal objectives.
Yann discussed how we will need to understand the impacts of new agricultural practices on society and the environment as we develop and implement AI-based technology. We must match the same level of precision being applied to new ag-tech practices with systems that can measure and track progress of interventions at a very granular level.
When asked about regional differences in sustainability and innovation, Yann pointed out that although the U.S. has a stronger ecosystem of innovation, Europe is better at understanding planetary boundaries and working these societal issues into regulations. The EU is leading this effort with regulatory frameworks such as the European Sustainability Reporting Standards (ESRS), but California is closely following with its recent passing of SB 253 and 261. As both regions continue to meet regulatory demands, public pressure, and corporate goals, they will need to learn from one another about innovating quickly and regulating climate-related corporate outcomes.
Aligned Incentives offers an enterprise sustainability software platform trusted by the world’s largest organizations. Powered by scalable product life cycle assessments and generative AI, we enable businesses to efficiently measure, report, and reduce their environmental impact throughout their value chain. Our solution accelerates the path for companies to achieve sustainability goals while ensuring seamless regulatory compliance.