Nowadays serious problems of economic transformation are changing the direction of investment flows, so the issue of innovation is incredibly relevant. A number of volatile factors have affected the development of the global economy, and also made future economic prospects even more confusing. The purpose of this study is to explain how modern technologies in agriculture affect the socio-economic development of Russian regions. The methodology used in this work is to evaluate the world experience and practice of modern technologies used in agriculture. How the use of these types of technologies has made agriculture smarter and better. By using smart technology, a farmer can improve his crop and livestock production and save time. Due to the traditional way of farming, farmers are unable to produce more crops and are unable to find the right solution due to lack of information and other necessary things. But with the help of artificial intelligence and the Internet of Things, farmers can get all the information they need in just one click. The article shows the priority strategic directions for the development of the innovative potential of agriculture and what the state and investors should pay attention to.