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Tuesday 1 July 2014

The Tech and Software Sectors Close to Eating the World?

Not even in your wildest dreams …. as I believe we are just at the beginning of a revolution still at its embryonic stage.

For a start, you might think that tech is today in a bubble as a company whose sole product is a photo sharing app in which the pictures get deleted after they are shared recently turned down $3 billion.

Maybe…. But the reality is that even if there is a bubble in the making there are really no consequences. Unlike the late 90s, technology is now more entrenched than ever before. If one company blows up, other entrepreneurs will start a new one or join someone else. So If you really think about it, the cost of failure has never been so low, ever.

Having said that, here are a few trends in the making that I believe will be dramatically changing our world:

1. The increasing availability (cost and ease) of DNA sequencing. 10-15 years ago it cost hundreds of millions to sequence the human genome – now that process costs “only” $20k, and is expected to further come down.

Read More:The Tech and Software Sectors Close to Eating the World?

Thank you,

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