Not only are we reading life code, we're beginning to copy it through cloning, and we're beginning to write, and in the measure that we do that, boy, you can build a lot of very powerful companies in a short period of time.
Juan EnriquezThere's a creativity, a power, an energy, an ability to do things unlike any other period in history. It's a little bit like sitting in the Renaissance, but multiplied a thousand-fold.
Juan EnriquezWe traditionally in this world didn't have enough calories to feed all of us and had huge famines, not just in Africa, but had them across India, across Southeast Asia, and across China. Because of Borlaug's work at Simit and because of this we have huge excess, until very recently, in agricultural produce and the prices went through the floor.
Juan EnriquezVenture capital is about .02% of the U.S. economy invested, and it accounts for 11% of total U.S. jobs and 21% of U.S. economic output. And the reason why is because these companies can get very big, very quickly.
Juan EnriquezUntil African-Americans and Hispanics can get serious, not just about area studies, which are important, but also about science and technology, they're not going to generate that wealth and that job within those communities. And that has absolutely devastating consequences for the places where people live, for the jobs and for the wealth.
Juan Enriquez