The Race To $1,000 Human Genome Sequencing

ericjones12398 writes "Just one decade ago, sequencing an entire human genome cost upwards of $10 million and took about three years to complete. Now, several companies are racing to provide technology that can sequence a complete human genome in one day for less than $1,000. 'A genome sequence for $1,000 was a pipe dream, just a few years ago,' said Dr. Richard Gibbs, director of the Human Genome Sequencing Center at Baylor College of Medicine, 'A $1,000 genome in less than one day was not even on the radar, but will transform the clinical applications of sequencing."

Comments

Re:Designer Humans?

[demachina]

"Cheap sequencing, on the other hand, is a very good news"

Not to mention the next time a nationalist socialist regime takes power they will have a really easy time identifying the people they want to put in the concentration camps.

If you get your DNA sequenced you should keep it in the back of your mind, what might someone with a racial superiority agenda do with it some day.

Re:Designer Humans?

[Doc Ruby]

Of course we redistribute wealth to the richest. The biggest tax expense is the military, which the richest suck up like oxygen, no matter how bad for security or our economy (to say nothing of health, life or limb). The second biggest tax expense is on medical care (which overlaps a lot with the military), which is spent on doctors who are among the richest (at $172K general, $275K specialist, they make 7-11x the median income), and pharmacos which are among the richest both as workers and as stockholders. Oil corps get $4 BILLION in tax expenses a year, which is a lot even when they're reporting $10B annual profits before the handout. Then there's the $TRILLIONS in handouts to the banks, their executives, top employees and shareholders, which are both by definition and in practice the richest of the rich.The $BILLIONS in US foreign aid is mostly spent on American products; they're sold abroad by the richest, who arrange that cozy loop.

The top 10% pay 70% of Federal income taxes, but state taxes are mostly regressive (so tax the rich less), and the other substantial taxes like Social Security and sales taxes are purely regressive, so tax the rich less. While the rich have all their income above about $107K (most of their total) protected from the approximately 10% SS tax. The top 10% of wage collectors got over $2.46 TRILLION in 2010, out of only about $6.01T total wages, almost 41%. But the amount of equity trade income that the other $10T in the US GDP pays out a year is vastly more paid to that top 10%, who pay something like half the tax rate on their capital gains than people do on regular income.

Taking less tax money from the rich is giving free government services to them. Apart from all the direct subsidies, the rich get far more government services, including security, the courts that are where they transact so much business, and all the R&D private labs have abandoned to the public to pay for instead that they immediately harness into products and even less tangible sources of wealth.

When you said "I prefer to hope to be one of them" you said it all. That motivation is what keeps most Americans who bother to think about the racket hoping it will continue. Of course the vast majority will never be anything but the victims of the racket.