The socio-economic implications of CRISPR in agriculture are significant. While the technology promises to boost agricultural productivity, it also risks exacerbating inequalities. Small-scale farmers may find it challenging to compete with large agribusinesses that can afford to invest in CRISPR technology. This could lead to a concentration of power and influence in the hands of a few, reducing the diversity of farming practices. Additionally, the global regulatory landscape is fragmented, with varying levels of acceptance and restrictions on genetically modified crops, which could affect international trade and market access.
