Sunday, January 5, 2014
Falling Cost of Mapping the Genome
In John Mauldin's newsletter today he points out:
"The gap between public perception and scientific progress will only increase as exponential advances in computer technologies give researchers powerful new tools to solve mysteries long thought unsolvable. Nothing better demonstrates the acceleration of biotechnology than the following chart from the National Human Genome Research Institute. You probably know that the cost of computer processing power is cut in half every two years or so. That is (Gordon) Moore's Law. You may not know, however, that the cost of mapping an individual human genome is dropping at twice that rate."
According to Wikipedia the genome In modern molecular biology and genetics is "the entirety of an organism's hereditary information. It is encoded either in DNA or, for many types of viruses, in RNA. The genome includes both the genes and the non-coding sequences of the DNA/RNA."
Inexpensively mapping one's genome allows all kinds of scientific and entrepreneurial progress. Consider that this drawing depicts the cost on a logarithmic scale (using intervals corresponding to orders of magnitude). If you graphed it on a linear scale (like time is in this case) it would appear even more dramatic.
This kind of rapid change is ripe with opportunity.