The impact of sectors on agriculture based on artificial intelligence data: a case study on G7 countries and Turkiye

Year 2024, , 486 - 494, 29.09.2024

Ersin Çağlar

https://doi.org/10.31015/jaefs.2024.3.1

Abstract

The growing development of technology has had an impact on many sectors particularly business, communication, education and agriculture. In addition to its popularity, technology has brought many new concepts to the use of sectors, most of the important of which are cloud computing, artificial intelligence and cryptocurrencies. While the opportunities and concepts provided by technology have destroyed the existing job opportunities, they also introduced many positive opportunities like artificial intelligence, which can be considered as one of such positive innovations. The OECD artificial intelligence data of G7 countries and Turkey were used within the scope of this study. This study analyses the investment opportunities in agriculture and other sectors based on the artificial intelligence data. In addition to this study, both country-based and sectoral comparisons were made respectively. As a result, AI investments in the agricultural sector are generally at a lower level than other sectors. According to the analysis results, countries such as Türkiye and Canada are the countries that invest the most in the agricultural sector. This may reflect these countries' interest in agricultural potential and agricultural technology.

Keywords

Agriculture, G7 countries, artificial intelligence, venture capital investments, OECD.ai

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