Chapter
The Future of Agriculture and the Risks of Deglobalization
53:30 - 58:01 (04:30)
The future of agriculture holds promise with technology such as automated facilities and individual plant identification for needs. However, the risk of breaking down global transport and intermediate goods trade may hinder progress and impact economies of scale.
Clips
The future of farming lies in technology, including the development of facilities that can identify each individual plant and determine their needs for water, fertilizer or pesticide.
53:30 - 56:44 (03:13)
Summary
The future of farming lies in technology, including the development of facilities that can identify each individual plant and determine their needs for water, fertilizer or pesticide. However, the reliance on cheap technological parts from China may pose a challenge to the development and deployment of agricultural technology.
ChapterThe Future of Agriculture and the Risks of Deglobalization
Episode#514 - Peter Zeihan - The Old World Order Is About To Collapse
PodcastModern Wisdom
The United States produces 60% of global chips by value, but outsourcing and offshoring have resulted in panic from the US and many other countries over semiconductor production.
56:44 - 58:01 (01:16)
Summary
The United States produces 60% of global chips by value, but outsourcing and offshoring have resulted in panic from the US and many other countries over semiconductor production. While mid and lower tech electronics manufacturers may face issues, high tech manufacturing is still safe as the important chips are designed in Japan and the US.