AI-Driven Harvest: Connecting Farmers and Consumers for a Sustainable Agricultural Economy

Abstract

Artificial Intelligence in Agriculture: A Triple-Bottom-Line Perspective

Artificial intelligence (AI) will change how we produce food by eliminating supply chain inefficiencies, boosting farmer incomes, and encouraging best agricultural practices. In this paper, we explore the economic, environmental, and social impacts of AI-enabled platforms like Ninjacart, DeHaat, and AgriBazaar and how they are transforming the agricultural landscape.

With AI-based demand forecasting, Ninjacart can bring a 30% boost in farmer income and reduce food waste by 25%. DeHaat reports a 50% increase in profitability and 15% reduction in fertilizer use by improving input efficiency and promoting proper farming practices. AgriBazaar leverages AI and blockchain to eliminate 80% of price volatility, providing over 2 million farmers with a fair pricing tool.

As revealed through the Triple-Bottom-Line framework, AI adoption not only increases productivity but also promotes environmental sustainability and socio-economic growth. However, challenges like digital illiteracy, high costs, and data privacy issues hinder scalability. To overcome these barriers, investments in rural infrastructure and farmer education are crucial to fully harness the benefits of AI in agriculture.

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