June 25, 2024

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The major Tech takeover of agriculture is risky | Agriculture Information

News Highlights: The major Tech takeover of agriculture is unsafe | Agriculture Information

On January 15, Liu Jin, a 45-yr-aged driver from Alibaba’s food stuff supply system in the Chinese city of Taizhou, set himself on fireplace in protest towards unpaid wages. “I want my blood and sweat income back again,” Mr. Liu said in a online video that was greatly shared on social media.

In the meantime, hundreds of thousands of farmers throughout the border in India refused to depart the streets of New Delhi. They had protested for months, stubbornly defying the central government’s endeavor to put into practice reforms that would flip them around to large corporations.

The two protests could differ in kind but have one thing fundamental in widespread. Both express outrage at the takeover of foodstuff programs by some of the world’s most significant technological know-how companies. In China, Alibaba led a wave of investments and acquisitions by know-how providers in the food items technique, most recently expended $ 3.6 billion to purchase the country’s premier chain of hypermarkets. In India, comparable measures are staying taken by corporations these kinds of as Amazon and Facebook, via the back door of e-commerce, to consider more than food stuff distribution and retail in partnership with India’s wealthiest tycoons and the backing of the central governing administration …

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