Ivan Seeking said:
One might even imagine that some bugs might eat algae. Does anyone know? Clearly it wouldn't be as efficient as humans eating the algae directly, but the bugs might be a preferable or complementary to the algae as a food source, as mentioned by frame dragger. It may also allow for wild/indigenous algae strains to be used as the base of the food chain, rather than the more difficult hybrid strains.
Do insects eat algae?... I don't know offhand. I don't think many do however... at least, not ones that are in turn, edible by us. This, I will have to research. Generally speaking, aquatic insects prey on other aquatic insects, and small fish... and usually that's larval or other stage for the insect (mosquitoes, dragonflies, all underwater hunters until they mature). I KNOW that I can't think of a single species of insect that is anywhere NEAR edible which subsists on algae... after all, bugs just don't compete well with the other "algae-vores" (shrimp, crayfish, etc) which consider an insect to be a bonus snack.
Anyway those tend to be short lived or "lean until airborne", whereas worms, ants/ant-larvae, beetles/beetle-larvae and moth-larvae tend to be the best in terms of fat/protein content. In essence, they're already just nutritional storage devices, for a later form (or in the case of worms... just storage). That makes them absolutely ideal.
As for food, ants, once cultivated, would be pretty inefficient because they tend to eat other insects or plant matter to a destructive degree. Beetles tend to eat the same things WE do (flour, sugars, fruit)... which makes them pretty unsuitable, because as with using cooking oil... it's only useful on a relatively small scale. Moth larvae, and worms on the other hand... eat plant material that is completely inedible to most (especially mammals), and they have no purpose beyond eating and converting that. As eating them is as simple as... well... eating them... they don't require large-scale processing.
For serious comparison however... phew, I can't find much that isn't politically suspect, or just anecdotal. That said, compare a moth to an equal amount of soybeans, wheat, bulgar, rice... that would seem to be a place to start, but it's outside of my bailiwick. That said, Remember the other benefit of these eating machines... they poop. They poop what is essentially pure fertilizer; worm castings aka crap, are prized as such, and they're already raised for that purpose, then the worms are used as bait... they're fed everything from moldy bread, to newspaper.
Caterpillars and worms are also not notable for speedy escapes, so... farming them would be even easier. Both are also notable for their rapid breeding cycles (after all, they are bred LARGE scale for zoos, pet-owners, bait, etc). A lot of the issues have to do with who is willing to EAT them, not how hard they are to grow. After all, do we NEED ~99% efficiency if our food is eating our garbage? They also... are easy to cook (which incidentally, causes them to... well... **** the bed thus cleaning them and liberating fertilizer), and could be ground into paste, mixed with algae as a binder, and... well.. "Soylent Composite Insect + Grain? anyone?"
Realistically, that's easier than selling people on whole bugs for the time being. In the meantime, you've inspired me to chat with some friends and see if they might have have more insight or access to research on this. If I find anything concrete that answers our mutual questions, I will post it immediately.