This video (From NPR) shows a farm tractor cultivating/planting a field without a driver. It is pre-programed to ride a grid and do what it does. The farmer can now do something else with his time or he does not have to hire a worker.
The farmer, or more likely, a corporate analyst/accountant, has determined that substituting capital for labor will be more profitable for the business. Technology has become less expensive relative to labor on the farm.
The photo below shows a farmer in Afghanistan (guessing he is not a corporate account) tilling his field the old fashion way---by old fashioned, I mean pre-1900's on back.
In Afganistan, labor is cheap and capital is expensive so more labor is used to produce food. Quite a difference in productivity outcomes, wouldn't you say? Hard to believe these two situations exist at the same time in today's world.
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| Source: Here |
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