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How much would you pay to see your future?

posted onNovember 7, 2009
by hitbsecnews

My dad used to say technology is advancing so quickly that, by the time a product reaches market, it is already obsolete. Moreover, if you wait just a little longer, you can pay a lot less. The sequencing of the human genome takes the advancement of technology, and its fast reduction in cost, to an entirely new level.

The Human Genome Project, which officially completed the mind-boggling achievement of sequencing Jim Watson's genome in 2006, carried the equally mind-boggling price tag of $3 billion. If I may be so bold as to use that word thrice in one paragraph, even more mind-boggling is that a company called Complete Genomics has just sequenced three human genomes for $4,400 in materials, with an error rate of less than one base in 100,000.

DNA sequencing technology, which could help us detect genetic predispositions to illnesses, customize treatments accordingly, lead to the development of new energy sources, etc., is currently being used to either do long reads of hundreds of bases on genomes that have yet to be sequenced (see the news this week on the full sequencing of the domestic horse genome), or shorter reads that only align with a genome we have already sequenced (ours, for example).

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