{"id":4503,"date":"2010-01-08T01:22:23","date_gmt":"2010-01-08T01:22:23","guid":{"rendered":"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/personal-genomics-flop-big-belly-flop\/"},"modified":"2010-01-08T01:22:23","modified_gmt":"2010-01-08T01:22:23","slug":"personal-genomics-flop-big-belly-flop","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/genetic-medicine\/personal-genomics-flop-big-belly-flop.php","title":{"rendered":"Personal Genomics Flop…..big Belly Flop!"},"content":{"rendered":"

\"\"<\/a>
Daniel and Dan get quoted in an article in the Times yesterday<\/a> and I am happy for them. It just goes to show how bloggers in this space ultimately shape the space.<\/span><\/p>

That being said, everyone is left wondering \"Where in the hell do we go from here in Personal Genomics?\"<\/span><\/p>

Well, I know where we are going in Personalized Medicine. PGx.<\/span><\/p>

But as for personal genomics, the path is less clear. First we have to be honest about a few things.<\/span><\/p>

1. Your genome is essentially worthless right now<\/span>
2. We don't understand what the hell most of the SNPs and CNVs mean in the genome<\/span>
3. In an economic downturn, very few people will buy this, no matter how cool it looks.<\/span>
4. Don't believe me? How does Time's Invention of the Year ONLY GET 30,000 (if you believe) customers. How many iPhones sold after the listing in 2008?<\/span>
5. Things we are certain of in the genome add very little to life planning or healthcare.<\/span><\/p>

Now, if we can overcome those things we have to ask ourselves. Is this a software play or a genome database play. If this is a software investment......<\/span><\/p>

1. Is the software being created that valuable?<\/span>
2. Can you patent or create a moat around the analytical tools that were created by these companies, or are the tools just rehashing of other tools that exist<\/span>
3. Does Prometheus ruin the ability to patent these tools?<\/span>
4. Are these tools accurate and valuable? Ask J Craig fellas....<\/span>
5. Will the lessons learned justify the investment? At least a few hundred million USD people!<\/span><\/p>

Well, let's say it is NOT a software play, it is a genome database play.<\/span><\/p>

1. How many people does it take to have a valuable database.<\/span>
2. Is the database a legal liability worth the risk?<\/span>
3. Will anyone want to buy the database?<\/span>
4. Can there be a free database which will be more valuable than the \"for sale\" database<\/span>
5. Can the database be curated and annotated easily?<\/span><\/p>

So, after the million dollar open bars and zeppelins and celebs we are left with some real hard questions. Which is why I am very unclear as to the future of this \"industry\"<\/span><\/p>

Is this really an industry all of its own? Or is this just a rehash of facebook?<\/span><\/p>

Do you remember that fat kid? You know the one who said \"Hey look at me! I am gonna make a HUGE SPLASH!\"<\/span><\/p>

Well, guess what porky, huge splash made..........<\/span><\/p>

Now how in the hell does that SORE RED BELLY FEEL?<\/span><\/p>

The Sherpa Says: A lot of pain and suffering may ultimately in the end prove worthless and the ripples may die.......Only to have some other fatso cause waves later on........<\/span><\/p>

\"\"<\/div>","protected":false},"excerpt":{"rendered":"

Daniel and Dan get quoted in an article in the Times yesterday and I am happy for them. It just goes to show how bloggers in this space ultimately shape the space.That being said, everyone is left wondering \"Where in … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-4503","post","type-post","status-publish","format-standard","hentry","category-genetic-medicine"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/4503"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=4503"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/4503\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=4503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=4503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=4503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}