And the average Americans will be working in this field? How many millions of them will do it?
Why this genetic engineering will be cheaper to do in USA?
And people will be making glass dishes, stainless vessels, HVAC personnel maintaining facilities, new buildings need built, brochures need published....... You have a "multiplication" affect. How many people actually work on cars or are in the automotive industry vs. how many actually work for a car manufacturer?
Look at the RAND studies and what they foresaw as a "computer". According to them just 45 years ago people would never have real "Personal Computers" and the industry should have never have grown to what it is today. Think about the implications of genetics from plastic manufacturing to agriculture, from medicine to defense. Another example besides IT is Aerospace. Go back to 1904 and then just go to 1954.
And genetics is just ONE example. If I knew all the market niches and what will work and what not, I wouldnt be sitting here and writing you this. Yet, history has shown this trend to be true. Horse drawn buggies were once a big deal. Today this industry is fairly dead.
MOST people alive today work in jobs or industries that didnt even exist 100 years ago. We take our jobs for granted, and see our world very static because our lives are relatively short and we grew up with much of the technology we have. The automotive, aerospace, IT, radiologist, chemo technician, cell phone manufacturers
industries or jobs, didnt really exist just 100 years ago.
This is why it is important that our government sets the conditions for R&D, test and evaluation; that the Legal framework allows for emerging technology to flourish. If youre like the Germans and all but ban genetic engineering, obstruct nuclear power, create laws so restrictive environmentally
.etc, you end up with an economy that is declining. It sounds corny, but it is true. These are long term trends and if we want to matter and enjoy our wealth 50 years from now we need to stay with the program. Dont ban stem cell research. Allow it, just control it and set well defined (unambiguous) logical (that make sense) and enforceable (measurable) ethical standards. Whipping out a hatchet and chopping randomly at things, in the name of ethics or environmentalism, in reality just to gain some political objective is detrimental to our economic future.
Red6