Genetic code is the next innovation frontier

Alec Ross says the next trillion dollar industry will be created out of genetic code. The world’s newest trillion-dollar industry, the internet, was created out of computer code. The next will be created out of genetic code. That’s the catchcry of Hillary Clinton’s former innovation adviser and Silicon Valley start-up coach Alec Ross, who has searched far and wide over the past few years to find the industries of the future. He’s particularly keen on the commercialisation of genomics – the study and analysis of human DNA and sequencing methods – and puts it alongside artificial intelligence, machine learning and robotics, cyber security and the codification of money markets and trust as the industries which will shape and dominate the future. And he reckons high-cost labour markets – such as Australia and the United States – desperately need…

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