Biohacking – a new frontier in the development of drugs and therapeutics
- Analysis
- 10-November-2020
Biohacking gives everyone – small group institutions, communities, individuals, not just research institutions – the potentiality to reconstruct and deconstruct biology using supplements or simple kits to attain the immediate outcomes and help solve more extensive issues.
As a social movement and emerging industry, biohacking stands for a new frontier in the advancement of therapeutics and drugs. Therefore, it is a market anticipated to see exceptional growth over the upcoming years.
The biohacking industry has gained momentum over the last two decades. As challenges are a part of growth, this emerging sector has also faced some hurdles in its journey to the top. Technology hackers have mastered using fundamentals and pulling code apart to re-engineer solutions. As a result, the “maker-space” of DIY biology has boomed upon applying the same approach to biology. The importance of top institutes and research houses with extravagant laboratories have lowered as DIY biology is available everywhere now and is used for extensive purposes.
New advancements in AI or biohacking could spur enormous democratization of access to work opportunities and services, enhancing the lives of thousands of people worldwide and generating commercial opportunities for several businesses. On the other hand, they also raise the spectre of possible new social biases and divides, sparkling a regulatory risk and public backlash for businesses. For advanced economies like the US, which are increasingly fragmented along racial, regional lines, income, and gender, these questions regarding equality have been taking on a new level of urgency.
Three frontier developments represent both potential risks and promised rewards to equality. These are geographic AI, sensory AI, and human augmentation. Human augmentation is also called Human 2.0 or biohacking. Human augmentation technologies carry the potential to improve human performance for good or bad. Some of the most favorable advancements are targeted towards the improvement in the lives of people with disabilities.
AI-powered exoskeletons can help older workers or disabled individuals fulfill physical tasks that were considered impossible in previous times. Despite the tremendous breakthroughs, the prospects for new inequalities and biases remain.
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