Are you concerned about the increasing food shortage? In this episode, Patrick Bet-David talks about the advantages of vertical farming and how it could potentially save the planet.
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You know a lot of people are talking About AI it's a concern we got climate Change oh my God this is the end of the World nuclear war but very few people Are talking about actual shortage of Food according to the economist in the Next 40 years we will need to produce More food in the next four years than we Have in the previous 10 000 years Combined in one of the industries that a Lot of people are talking about is Called vertical farming matter of fact a Guy named Elon Musk his brother Kimball Is now a farmer investing into vertical Farming Let's Get Right In [Music] Foreign By the way if you get value from this Video at the end give it a thumbs up and Subscribe to the channel let's get right Into it you know what's crazy is I'm a Fort Lauderdale right now we had a big Flood 22 inches of rain in Fort Lauder The record break and everybody's talking About it for a couple days there is no Gas in Miami everybody is calling and I Can't fill up the tank how am I going to Come up to Fort Lauderdale I got to Drive up people are panicking just Because there was no gas for one day in Miami Gas Stations were all sold out Right so maybe say Pat what's your point There what would you do if you didn't Have food for one day about two days
Three days think about that shortage What happens when you're at a hotel or Your place the bathroom doesn't work you Can't use the bathroom there's flooding What do you think about that stress goes From something you never think about all Of a sudden to something massive right That's exactly what the concern is with Food shortage I'll give you a stat here Food production needs to increase by Roughly 70 percent by 2050 to support The expected 10 billion world population And that's only 27 years from now so now Let's look at a bunch of different data Here and see if this is something we Ought to be thinking about the things We'll look at today is air Global land We'll look at topsoil fresh water supply We'll look at benefits of vertical Farming Solutions different types how They do it cost of it what different Companies are doing today and then at The end I want to get your thoughts if This is something we ought to be Concerned about and potentially how big Of an industry this is going to be by 2030 wait till you see the numbers let's Get right into it arable land is land Capable of being used to grow crops so Now arable land is down 30 since the 1970s it is expected to drop another 60 Percent from the current number by 2050. So it's already down 30 since the 70s And it's expected to drop another 60
Between now and 2050 27 years from now Now let's look at different regions Worldwide Australia Canada us look at This number here this chart far left is Australia dark blue is 1975. Light blues 85 that orange color is 95 and then the Yellow one is 2005. Australia is down 20 Percent of arable land because we're Building more buildings Canada is down 25 percent Russia is now 17 percent U.S Is down 32 percent the benefit of Capitalism we're building a lot of Different places but at the same time The arable land is going to be cut as Well right so you got Brazil down 16. India's down 45 because India just is Getting into capitalism their economy is Growing they got a lot of different Things so why is this a concern if we Have we have our arable lands that's Decreasing at the pace that it is just In four years of this charge well the Next one is about topsoil topsoil is the Primary resource for plants to grow and Crops to thrive each year an estimated 24 billion tons of fertile soil are lost Due to erosion which is 25 the total Land area has been degraded so when you Look at this map here you see what it's Looking like very degraded soil degraded Soil stable soil and without vegetation These are some things that people are Sitting there thinking saying we may not Be worried about it today but this could
Be a big issue for us within the next 27 Years and this leads to water because we Also need water fresh water supply Agriculture currently use uses roughly 70 percent of the global fresh water Supply Irrigation in other words only One to three percent of water on Earth Is fresh water pesticides and Fertilizers and other toxic from Chemicals can poison fresh water so if You look at this here where is the water On Earth you'll see 97.2 percent is Oceans you got a small percentage there 2.15 percent as glaciers and a 0.65 Percent that is groundwater lakes and Rivers soil moisture and atmosphere so We also need this so so far we got what Arable land we got top soil we got fresh Water supply all of these things are Leading to a concern of what we're going To do if we have a shortage of food over The next 27 years so now farming Problems let's look at these so for Those of us that are not farmers and Maybe you didn't grow up on a farm You're like okay why is this such a Concern I don't know any of this stuff These are the traditional farming Problems and why a lot of people are Starting to consider vertical farming so Let's look at the problems traditional Farmers have number one tillage Negatively impacts soil quality it Fractures the soil disrupts soil
Structure accelerate service runoffs and Soil erosion that's number one if you're A farmer you know exactly what we're Talking about where you have to move Them this leads to the next one the Government pays Farmers to limit crop Growth to put a price floor in place so Farmers can stay in business number Three irrigation is highly inefficient Number four unpredictable weather number Five insects and it's limited to only Portions of the Year fertilizer Dependent on last but not least Chemicals and pesticide there is a Timeline for this this is why it's not Sustainable for us to go this way long Term now vertical farming if you look at It came about in 1999 when this Professor from Columbia University Dixon This home year he's a professor of Environmental Health Sciences and 105 Graduate students were exploring methods To address this problem and came up with The concept of vertical farming a Multi-story building grown layers of Crops on each floor pretty common sense For us to be like if you and I were Thinking about this you're like we Probably should have known this 100 Years ago 1999 is when we thought about What if we go this way well I kind of Cool you think about effect if you look At some of these videos that we're Showing you this is called vertical
Farming this is what Elon musk's brother Kimball got involved in so now the Benefits of vertical farming here's what It is no soul required which alleviates The topsoil problem requires 99 less Water and fertilizer can grow year round No pesticides occupies 99 less space Because you're simply going up can be Placed in cities cutting the burden of Long Transportation so you may say Pat Who cares about Transportation here's Why current the average distance of farm Food transportation is 1500 miles 68 of People live in cities far from Farms Fruit and vegetables lose up to 50 Percent of nutrients from Farm to store And less carbon emissions from Transportation there you go that's the Benefit because you can put it anywhere You can literally put it in New York City if you wanted to you can put it in Miami in LA in Beverly Hills right there And then boom deliver it to the people In Beverly Hills so now different types Of vertical farming there's three types Hydroponics this is where plants grow in Water or growing medium with nutrients Delivered directly to their Roots Hydroponics the largest segment and Account for more than 45 percent share Of vertical farming in 2021 aeroponics Uses a Mist to deliver nutrients to Plant fruits and then you have Aquaponics which fish are raised and
Their waste is used as nutrients for Crops creates a loop system where the Fish feed the plants and the plants feed The fish so now you mix a pan why are More people doing this but because it's A great idea it's exciting but it's Expensive this is what they haven't yet Figured out so high Capital requirement To start facilities require a lot of Energy growing grains like corn and Wheat have been a challenge so now when You think about this and you're thinking The current method they're not your Nuclear they're currently doing it the Traditional way the simulated yields Revealed that vertical farming could Produce 600 times the current world Average wheat yield in their study the Authors describe how compared with Traditional farming methods in outdoor Fields indoor vertical farming also Requires less land area water herbicide Guides and pesticides and result in less Nutrient loss to the environment but There's got to be incentive so if the Capitalist and a job Creator sitting There and there's notice and the margins Are like this you can't really get the Big Capital into it but the moment Somebody figures out how to do it and Not have to use up all the energy Whether they choose to do through Nuclear or another form of affordable Energy this could be an industry a lot
Of people may get involved in in no time Okay because again the upside is Essentially unlimited because the upside Is unlimited right so now some creative Ways they can do to maybe cut costs Right this is the one thing we talked About earlier what people fear AI being One of them this is where AI can Actually help solve this problem that They're facing so number one using AI That can cut labor costs they can Operate 24 7. AI can operate on a cloud Connected Network monitor soil Health AI Can conduct chemical analysis machine Learning algorithms use data to optimize The automated system drones make it more Feasible to monitor high up sections Able to be programmed to move move in Preset paths around the Farms if they're Able to do those types of things you Save a little bit of money if they can Use affordable energy the rest is History so let's look at what Elon Musk's brother Kimball is up to with This company called square roots if you Look at these containers you see how They're on top of each other it's a very Interesting model because one of these 320 square foot containers can produce As much as a one to two acre traditional Outdoor farm barely using any water and By the way there's so much applications People wanted one of these containers There's people right now making thirty
Thousand dollars part-time doing this They're flooded with applications but This is one of the companies out there That's doing this there's a couple out There right now the top vertical farming Companies one of them is agricool uh Revenue of 103 million that's very small The other one is Bowery farming 83 Million dollars Freight Farms 72 million Dollars Aero Farms 22 million dollars And it's estimated if you look at this Industry by 2030 this could be a 25 to a 26 billion dollar industry people are Just realizing this so watch this what I Just presented to you how are you Receiving this content so use your Reason logic and the level of skepticism What area are you skeptical about think About you're like no this kind of makes Sense this is logical so this is where Entrepreneurs come in and solve The World's problems through Innovation That's vertical farming this is why I Trust in capitalism because there's Incentive to solve many of the problems We're dealing with today so thoughts Concerns comments below if you got value From this video give it a thumbs up and Subscribe to the channel I did a video Four years ago titled how to disrupt any Industry if you've never seen it before Click here to watch it take everybody Bye-bye bye-bye Thank you
