Posted on 01/24/2020 7:45:05 PM PST by bgill
Sales for some at-home DNA testing kits are on the decline amid consumer privacy concerns.
23andMe, the home DNA-testing company, is laying off about 100 people, nearly 14 percent of its staff, the company confirmed to FOX Business Friday.
The company cut staffers in its operations department in charge of growing and scaling the company as fewer people pay for genetic test results which can reveal things about their heritage or how prone they are to health conditions like type 2 diabetes or celiac disease, according to a CNBC report.
The declining sales came as a surprise for CEO Anne Wojcicki, who told CNBC: “This has been slow and painful for us.”
(Excerpt) Read more at foxbusiness.com ...
Not to mention questionable accuracy
Now that its just an extension of big brother dna database, why would anyone voluntarily do it? Who’s to say your sample is secure from being planted somewhere? Where’s the security guarantees?
I know my heritage is from the best seven dogs in town.
New DNA matches pop up on my Ancestry as fast as I can process them into my tree. I guess their sales are doing fine.
Most peeps DNA does not change.
I know my heritage back three generations. Before that I really don’t want to know. I know that some of them came to Massachusetts in 1642 but there could be some shady characters along the way. I’m more concerned about the future of my kids and grandkids in this country of mine that is in constant jeopardy from the communists.
It’s going to the Government by way of Silicon Valley. Runs the risk/likelihood of insurance companies getting their mitts on it and jacking up your rates. And for males, you might wind up with a surprise from that wild summer in the 80s on your doorstep.
That’s a real mystery why sales are falling off a cliff.
The very worst idea in health care is to use a DNA test to decide how "prone" someone is to some disease.
I wonder if someone will one day attempt to claim that DNA evidence being used against them must have been planted or acquired by a bad operator who got ahold of their sample from one of these companies. What would happen to “beyond a reasonable doubt,” under such a hypothetical scenario?
Good opportunity for Google to just buy them up and add all that DNA information into the Big Database.
That's going to require verifiable ID. Anti-money laundering laws and Know your Customer regulations. Think of the drug store or grocery store clerk as a bank teller, and you are technically opening a checkless checking account. You might or might not be able to discern from the fine print the actual name of the bank with which you have established an account. The good news is that the money you have deposited may be covered by FDIC insurance if the bank fails (read the really really fine print.) https://www.consumerfinance.gov/ask-cfpb/is-the-money-on-my-prepaid-card-fdic-insured-en-529/
23 and Me = Monthly subscription.
Ancestry.com = 1 time fee.
No brainer.
The subscription model looks a like a great revenue stream to investors....until the subscribers figure out that they are paying and getting little.
Ask any newspaper.
I like Ancestry and didn’t get the medical side, nor the “cousins”. Just the locations of ancestors, which you can check via genealogy.
People do plant evidence. They have planted hair and blood and other fluid samples to frame someone.
This could be a great way, put it on a glove and touch a desired object.
You’re not kidding.
f them up by sending someone else’s dna as your own.
They couldn’t wait to flip the info for a buck. Just because you CAN do something, doesn’t mean you should. Good riddance.
Show me your DNA and I will show you who you truly are. Genes and heredity are more determinative than upbringing. I am of course, speaking from the authority of my arse.
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