10.09.2009

Capitalism in practice

What took $3 billion 10 years ago, will soon cost under $1000. In 2003, the Human Genome Project finished scanning the human genome at a cost of $3 billion dollars. Today, IBM is developing a computer chip that could reduce the cost to under $1000. At that cost, every doctor in America could own such a chip and scan your genetics. Such detailed information would enhance genetics research and provide doctors with the means of providing far more individualized services.

Another example of why I love capitalism.

2 comments:

  1. Reminds me of Gattaca (must see movie).

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  2. Great movie. I hadn't considered the connection, but yes it's possible...especially considering how our government is headed.

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