The Online Investing AI Blog

Argonne scientist Elena Rozhkova examines brain cancer cells under a microscope. (Laboratory @ Flickr)

A group of international scientists may just have given humanity a Christmas present–and taken us one more step down the path of the Singularity.

Investor’s Business Daily reports that scientists have identified all of the cell changes in two forms of cancers. The investigation has produced a complete cancer gene map.

According to most scientists, this study by international scientist and the U.K.’s Wellcome Trust Sanger Institute is a game-changer. It’s effects could change not just cancer treatment, but could alter health care and the economy.

An effective treatment for cancer would save trillions of dollars. According to a Chicago economist, curing cancer, for example, would save $30 trillion. Just a one percent decrease in the mortality rate of cancer patients would save about $300 billion, the study adds.

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There’s an old military adage.

Generals always fight the the last war.

Rows of men executing Napoleonic tactics were mowed down by increasingly accurate and sophisticated weaponry in the American Civil War.

Gallant European cavalry units galloped into World War I battlefields to meet tanks and machine guns.

World War II generals saw Vietnam like a conventional battlefield, even though it was anything but conventional.

After reading a Discovery Channel report, I’m convinced we’re fighting the last war on health care.
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It’s been a difficult year.

And, while futurists are looking forward into the 21st century and beyond, our society seems to be looking back into the 1920s and 1930s. The Great Depression gets far more searches than the Singularity.

Politics seems to be locked into the same old debates on the haves and have-nots, an eternal debate with its latest incarnation erupting in the 19th century.

Meanwhile the trends toward massive technological change continues in labs and research facilities, universities and think tanks.

Here’s a great example from Wired Magazine of medical changes that will have profound change on how we age, or if we will age.

This will be the first wave of a revolution. There are some pretty smart people who agree:

“It’s going to revolutionize western medicine,” said Doug Wallace, a pioneer of mitochondrial medicine at the University of California at Irvine. “All the things that are common for an aging society, and nobody worried about when they died of infectious disease,” he said, could be treated.

Most people can barely get around what this will mean for their average lives, but there will be ripple effect throughout the economic sector that will be palpable to all. Billions, if not trillions, of dollars are pulled from the economy and placed in research and treatment of diseases. People are pulled from their homes and jobs because of these diseases. Companies must replace workers. Families are wracked with worry and stress.

What happens when people get more skilled, more knowledgable and HEALTHIER over the years?

Lower health costs. Higher productivity. Higher earnings. More consumer spending. Smarter consumer spending.

This doesn’t mean to say that there won’t be struggles in the near future; but the seeds are being sown right now that, if groomed properly, will mean better things to come.

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