#AGEC17 Featured Idea #1
For a number of reasons, the rate of technological advancement is speeding up. There are a number of technologies which are poised to dramatically change our lives in the next 5-20 years. Good entrepreneurs should be in tune with the changes ahead, so that they can make the most of the many opportunities these changes will provide.
Watch this video [bit.ly/AGEC_Exponential] and consider the following scenario.
It’s the year 2025 and you are the CEO of a company working in Genetic Engineering. Briefly describe the 1 product/service your company offers as well as your differentiator – i.e. what it is that makes your company stand out from the competition
Learner: Marthinus Viljoen
School: Somerset College
Featured Idea: Using DNA for Data Storage
The company I am CEO of is a data storage company. What makes it different to every other company is the fact that it uses DNA and strands of DNA as a medium to store data, the data will be stored on the base of DNA strands.
According to research, one gram of DNA could store over two hundred million gigabytes. DNA can survive more than thousands of years in normal environments. This would make my company stand out because complex websites with masses of data could store all their documents on the equivalent amount of DNA to one hair.
According to research, the whole contents of the World Wide Web could be stored in one room when this becomes a reality. This could complacently change the way online companies operate.
All this may seem so unrealistic but it is only a matter of time until this is possible. See these featured articles for more information: