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      "body": "*In the old times, a potato was harvested with an agrimotor when the farmer thought it was the right time to do so, followed by transportation after an order of a supermarket or restaurant that ought it to be necessary. New innovations involving Artificial Intelligence (AI) are disrupting the food industry, outdating the described process.*\n\nWith a GDP of over 992 billion dollars in the U.S. only, the food and agriculture industry contributes 5.5%  to the national economy ([Source](https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/ag-and-food-sectors-and-the-economy.aspx)). This pattern is very similar for other countries. Technology is able to make this industry even more profitable, but maybe more importantly, it has a key role in solving the issue of a limited food supply for a growing world population. Both implications are discussed in the following parts in order of the supply chain.  \n***\n\n#### Farming\n\nFirstly, AI, sensors and drone technology can be used for better crop yields by offering a great amount of useful information. With this data, a farmer is able to see the areas in his field that need more water for example, or he can spot plant diseases early on. AI could also make suggestions about the soil composition before planting or, in contrast, make recommendations about the harvest time and paths. \n\n![](https://steemitimages.com/DQmQho1iGQdyNZG447DPLS4i7FTPxHJf5ZZfLsSnBwP2NrB/image.png)\n\n#### Transport\nThen there is the transport and supply chain of the food industry. AI is very promising in this industry because it is able to decrease transportation costs and increase the food transport planning, reducing waste and guaranteeing fresh products. After that, it is time to bring the food to the final consumer, whether this is in a restaurant, a supermarket or gets delivered to your doorstep.\n\n#### The Consumer\nIn restaurant, AI is causing more automation in the ordering process. Sometimes, human waiters are not necessary at all, because they are replaced by robots like ‘Pepper’ (More info [here](https://newsroom.mastercard.com/press-releases/mastercard-powers-first-commerce-application-within-softbank-robotics-humanoid-robot-pepper/)). AI also influences how consumers choose the restaurant they will go to by making better recommendations based on location, personal statistics and their history of visited restaurants. In addition, the current trend tells us that people are increasingly ordering food instead of cooking it themselves. That’s why the online food ordering industry is also growing rapidly. Well known examples like Domino’s pizza have introduced voice ordering and similar ways to increase the customer experience of ordering food. In the meanwhile, the way the food is delivered to your doorstep is also involving more and more algorithms. Some companies have started to roll out their full-automated electric delivery robots that deliver your food without any human input.\n![](https://steemitimages.com/DQmS9MRQDbXTUJZqdRE7NrC84vBLEKnkPH2ZEHLZGmxvFEd/image.png)\n*A Starship Technologies delivery robot*\n\nNext to restaurants, supermarkets are also applying new types of technology to increase the customer experience. After the first Amazon Go store, it is not unthinkable that all the grocery shopping could be done without the scanning of a product manually or any type of verbal communication. Another interesting development, which applies to already cooked meals, is the algorithm-based scanning of food ingredients by simply taking photographs of your plate. Start-ups like [TellSpec](http://tellspec.com/) do exactly this, making it easier to keep track of all the macronutrients you’re eating. \n***\nWhile all these developments are already more than one year old, the current developments are very promising and I am very excited about this. I will highlight some of the future technologies that may impact to food industry in another article soon.",
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      "body": "Very intriguing yet promising. I think it is very good for those who feel alone often, but not as a replacement for friends or a intimate relationship. So many movies have been made about this subject haha.",
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      "body": "**Greediness and impatience are two related psychological phenomena’s that are potentially the cause of those red numbers in your portfolio. While these thought patterns are also present in the stock markets, cryptocurrency traders might be even more susceptible to it.** \n***\nEspecially the last couple of months, the crypto market has drawn the attention of a growing audience that is completely new to trading financial products. Together with the high volatility and the widespread media attention of cryptocurrency, this lack of experience causes unnatural amounts of greediness and a lack of patience among crypto traders. Let’s look at the precise definitions of greed and impatience as well as their link with the crypto market. \n\n![](https://steemitimages.com/DQmctosLBFYxgMC2JoyAYW8x6j2CYSS8hageqy2eGdaL1BV/image.png)\n\nSimply put, *greed* is the desire to get things that you don’t really need, especially in a selfish way ([source](https://www.merriam-webster.com/dictionary/greed)). In times of market growth or growth of your portfolio value, humans are typically inclined to buy more or wait longer to see even higher returns. Unfortunately for them, markets stabilize after a time of growth and the portfolio value of the investor is dropping in value before he/she sold it. The persisting greediness made the investor hold on too long, causing losses during a bear market. This is where impatience kicks in.\n\n*Impatience* is defined as not accepting delay or being restless or short-tempered ([source](https://www.merriam-webster.com/dictionary/impatient)). Impatience can lead to ‘over-trading’, buying and selling excessively because you don’t want to wait or you already see ‘better’ opportunities. In addition, an impatient trader is thinking less clearly.  The impatience causes the trader to buy a declining market too fast because he/she thinks it will already turn into green numbers.\n\nIf these psychological concepts are not under control, they can lead to stupid decisions like the aforementioned trading mistakes, but they can also lead to borrowing excessive amounts of money for example. In the end, greed and impatience are another reason why it is very important to know your own trading behavior and never invest money into cryptocurrency you cannot afford to lose. \n\n***\n*Note: Greed and impatience generally apply to short term trading. Long term trading or HODL tactics (my favorite) are logically less affected.*",
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