[youtube]http://www.youtube.com/watch?v=PzSXTWhBUD0&hd=1[/youtube]
The cost of sequencing genomes has declined 50% faster per year than the cost of computers, since 2007. Declining sequencing costs have been due to a combination of Moore’s law and massive scaleups. An author and an expert on the life sciences industry, Juan Enriquez, runs a venture capital fund that invests in life science startups that could produce useful products and treatments within the next five years. He also engages in more long-term forecasting. In an interview for Next Big Future, Enriquez discusses the exponential rate of change for biotechnology with Sander Olson. Enrique also discusses why he believes that the changes wrought by the biosciences during the next three decades could surpass the industrial revolution in importance. (video)
Continue reading… “DNA sequencing is improving faster than Moore’s law”