354. TerraForce’s Mike Jacob on farmer-led innovation, solving for the labor gap + jobs to be done

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This is a podcast episode titled, 354. TerraForce’s Mike Jacob on farmer-led innovation, solving for the labor gap + jobs to be done. The summary for this episode is: <p>The Economic Policy Institute estimates there are 2.4 million employees in U.S. agriculture and Purdue finds that 40% of new ag jobs go unfilled. One entrepreneur is turning to computer vision, artificial intelligence and robotics – maybe a little autonomy – to try to address these challenges facing farmers. Mike Jacob, founder and CEO of TerraForce, joins to talk farmer-led innovation, solving for the labor gap and jobs to be done. We get into:&nbsp;&nbsp;</p><ul><li>The overview of the farm labor market, its challenges and where TerraForce specifically focuses right now in the specialty melon crop market&nbsp;</li><li>What challenges face melon producers when it comes to harvest&nbsp;</li><li>How Mike sees this new era of AI and computer vision shaping precision in agbioscience innovation&nbsp;</li><li>What TerraForce does, solving labor challenges and how they plan to tackle a real problem facing farmers&nbsp;</li><li>Mike gets into seeing his first melon harvest, identifying the problem to be solved and innovating from there&nbsp;</li><li>The criticality of melons – yes melons – to make an impact on his community as an entrepreneur&nbsp;</li><li>Where the TerraForce product sits today and how regional producers are the critical testbed to the company’s success&nbsp;</li><li>TerraForce’s recent fundraise and what it will enable them to do&nbsp;</li><li>Mike’s take on the ag’s jobs to be done: ag becoming less optimized and finding ways to become more resilient to big changes&nbsp;</li></ul><p><br></p>
The Ag Labor Market
00:53 MIN
What is TerraForce?
02:05 MIN
Producer-Led Innovation
00:28 MIN
Details Matter
00:53 MIN
A Bit Less Optimized
00:58 MIN

DESCRIPTION

The Economic Policy Institute estimates there are 2.4 million employees in U.S. agriculture and Purdue finds that 40% of new ag jobs go unfilled. One entrepreneur is turning to computer vision, artificial intelligence and robotics – maybe a little autonomy – to try to address these challenges facing farmers. Mike Jacob, founder and CEO of TerraForce, joins to talk farmer-led innovation, solving for the labor gap and jobs to be done. We get into:  

  • The overview of the farm labor market, its challenges and where TerraForce specifically focuses right now in the specialty melon crop market 
  • What challenges face melon producers when it comes to harvest 
  • How Mike sees this new era of AI and computer vision shaping precision in agbioscience innovation 
  • What TerraForce does, solving labor challenges and how they plan to tackle a real problem facing farmers 
  • Mike gets into seeing his first melon harvest, identifying the problem to be solved and innovating from there 
  • The criticality of melons – yes melons – to make an impact on his community as an entrepreneur 
  • Where the TerraForce product sits today and how regional producers are the critical testbed to the company’s success 
  • TerraForce’s recent fundraise and what it will enable them to do 
  • Mike’s take on the ag’s jobs to be done: ag becoming less optimized and finding ways to become more resilient to big changes