Can an AI-powered insect trap solve a $220 billion pest problem?

Pests destroy up to 40% of the world’s crops each year, causing $220 billion in economic losses. Trapview is harnessing the power of AI to help tackle the problem. The Slovenian company has developed a device that traps and identifies pests, and acts as an advance warning system by predicting how they will spread. Once identified, the system maps out the likely impact of the insect and sends the findings to farmers via an app. It can significantly reduce the use of chemical sprays and the need for farmers to visit their fields, says CEO Matej Štefančič, CEO of Trapview and parent company EFOS. The company received $10 million in investment in September and currently employs 50,000 people. . . .