Reflections on technological progress in the agri‐food industry: Past, present, and future

Abstract

AbstractTechnological advances—for example, from hand milking to robotic milking—are at the heart of economic transformation and have significantly shaped the agri‐food industry and economic growth throughout history. A look at the lead article of the first issue (and the first volume, 1952) of the Canadian Journal of Agricultural Economics (CJAE) 70 years ago reveals an ongoing inquiry within the discipline about how technological progress has shaped how we manage our farms with the implications on aggregate industry productivity and food prices. The topics discussed along these lines in the first issue of the CJAE are still relevant today—for example, challenges with measuring productivity and innovation, diffusion of innovation, technological unemployment, demand for skilled workers, financing innovations, climate change and food security. Science, technology, and innovation for the 21st century hold the potential to foster resilient and sustainable intensification of farm production and productivity growth for the agri‐food industry. In this address, I reflect on the past, present, and future impacts of technological innovations and productivity growth on the agri‐food industry and discuss the implications for future research, welfare, and policy.