marginal cost

Predicting when introduction of robotics in agricultural leads to whole-system changes

Clay Thomas Mitchell, Co-Founder and Managing Director, Fall Line Capital

May 9, 14:15 - 14:45

B18 Fellowship Hall

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Abstract Automation in arable farming is useful for reducing labor requirements (specialty crops) and for increased efficiency of major resources of land, water, fertilizer, and fuel (broadacre crops). In some cases, automation has high market penetration, but has little effect on the farming system beyond the tools it replaced. In other cases, automation leads to complete changes in the cropping system, leaving few inputs and outputs unaffected. In this talk, we explore both ground-based and aerial robotics in agriculture and develop a framework, using the Buckingham Pi Theorem, for