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The Bio Revolution: Advances in Biology and Their Impact on Society, from (20220917.)

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Summary

The convergence of advancements in biological science, computing, automation, and artificial intelligence is driving a Bio Revolution that has the potential to revolutionize various sectors of the economy. This revolution can have significant impacts on health, agriculture, consumer goods, energy, and materials. However, there are also profound risks associated with manipulating biology, including potential accidents or malicious use that could cause lasting damage to humans and ecosystems. The accessibility and low cost of biological materials and tools further complicate the management of these risks. Despite the risks, biological applications are already improving responses to global challenges such as climate change and pandemics. The potential impact of the Bio Revolution is vast, with the ability to transform economies, societies, and daily lives. However, cautious regulation, oversight, and international collaboration are necessary to ensure the safe and responsible development and adoption of biological innovations.

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Themes

Signals

Signal Change 10y horizon Driving force
Advances in biological science and technology Bio Revolution Increased use of biological innovations in various sectors Advancements in computing and data analytics
Risks and challenges in the Bio Revolution Need for serious debate and risk management Improved regulation and oversight of biological innovation Potential negative consequences
Biological applications improving response to global challenges Better response to climate change and pandemics Enhanced ability to address global issues with biology Advancements in biological science
Potential for biological production of physical materials Transition from nonbiological to biological production Increased use of biological materials in various industries Potential for improved performance and sustainability
Pipeline of visible use cases with economic impact Economic impact of $4 trillion per year Direct economic impact in various sectors Advancements in biological science and technology
Breakthroughs in biomolecules, biosystems, biomachines, and biocomputing Reinforcement of innovation in biology Advancements in understanding and engineering biology Interconnected advancements in science and technology
Growing potential for interfaces between biology and computers Integration of biological systems with computers Advancements in neural interfaces and biocomputing Deep interaction between biology and machines
Impact of biological innovation in key domains Transformation of economies and societies Improved human health, agriculture, consumer goods, etc. Potential for improved performance and sustainability
Risks and considerations in biological innovation Need for regulation and oversight Proper management of risks and ethical considerations Potential negative consequences
Factors influencing adoption of biological applications Investment, commercialization, and regulation Adoption of biological innovations and diffusion Various factors at different stages of innovation
Need for literacy in biological science Understanding and leverage of innovations Informed decision-making and safe innovation Increased knowledge and awareness
Role of innovators, businesses, governments, and individuals Adaptation and response to biological innovations Effective strategies, governance, and informed decisions Advancements in biological science and technology

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