The Bio Revolution: Innovation transforming economies, societies and our lives
Understanding Bio-Revolution
Let’s start with understanding what the Bio revolution is. You must’ve heard about the industrial revolution that took place around 1750. The changes taking place this time in technologies are merging with biological science. Thus, the Bio revolution is – converging technologies with bio-science. The advancements in the Bio revolution are made with expansions in AI (artificial intelligence), automation and computing.
A notable example of the same is right before our eyes – the novel coronavirus—SARS-CoV-2. Through this, scientists comprehended how the virus turned society upside down. They also developed the vaccine at remarkable speed and with efficacy.
How is it changing and benefiting society?
This revolution can potentially aid some of the most crucial global challenges, such as pandemics, food security, chronic diseases and even climate change. Have you ever thought about producing meat without animals? Or about editing a person’s genetic fabric to cure an incurable disease? Or about making industrial elements in yeast factories? Sounds funny, right? Well, this could be possible with the help of tools like CRISPR. It recodes biology to cure disease or make the harvests negligibly vulnerable to climate change. That is what Bio Revolution can do.
Does it have any impact on the Economy?
Apart from the changes in our society and lives, it will also impact the Economy. It can potentially shift to economies and businesses like the Digital Revolution. Through innovation, it builds value in every realm, breaking the value chains and developing fresh business opportunities. And the potential here is pretty visible, which is why biotechnology has already gushed to at least $20 billion by 2018.
There’s an estimation by experts that a considerable portion of the bio revolution will contribute to consumer products, health care and agriculture. It has already marked the birth of a new era by the innovations that’ll notably improve our nutrition, health, and eventually, our lives.
Conclusion
Bio-evolution holds power to change the world into one without incurable hunger diseases, where farmers can produce foods with fewer supplies. Bio-revolution can transform the world. Bio-evolution holds power to change the world into one without incurable hunger diseases, where farmers can produce foods with fewer supplies. Bio-revolution can transform the world.