3 ms·
I am very bear-ish on biotech. These are not systems we humans have built from the ground up. Computers are built by humans from the ground up: literally every
by tompccs 7y ago
I am very bear-ish on biotech. These are not systems we humans have built from the ground up. Computers are built by humans from the ground up: literally every aspect of a computer is deterministic and documented. And yet even computers can throw up surprises to programmers on a pretty regular basis.
The idea that our understanding of molecular biology is as mature and stable as our understanding of the field effect transistor was in the 1950s is frankly laughable. I predict many many investors getting burnt by biotech, as well as some pretty nasty externalities if regulators buy the hype.
edit: improve sentence structure