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Science & Technology

Immortality industry 'worth $600bn' by 2025

By T.K. Randall
May 20, 2019 · Comment icon 8 comments



Treatments to make you live longer could soon become a big deal. Image Credit: CC BY 2.0 Raissa Ruschel
The Bank of America has predicted that extending the human lifespan will soon become a major pursuit.
Mankind has been obsessed with gaining immortality for thousands of years, but even despite the incredible advances in science and medicine achieved over the last few centuries, our species still remains just as vulnerable to the aging process as our ancestors were millions of years ago.

This could soon be set to change however with investors predicting a six-fold increase in the amount of money being spent on longevity companies within the next ten years.

These firms will bring "unprecedented increases to the quality and length of human lifespans" by focusing on four key areas - genomics, artificial intelligence, futuristic foods and cures to disease.

It's not difficult to imagine that in the not-too-distant future, treatments designed to increase longevity could become something that a person saves up for as they would a car, house or holiday.
For investors, such an industry could represent a major financial opportunity.

"Medical knowledge will double every 73 days by 2020 vs. every 3.5 (years) in 2010, and genomic sequencing costs have fallen 99.999% since 2003," wrote analysts Felix Tran and Haim Israe.

"This has enabled a new frontier in precision medicine to further extend life expectancy, heralding a 'techmanity' (technology meets humanity) revolution."

Source: CNBC | Comments (8)


Recent comments on this story
Comment icon #1 Posted by Eldorado 4 years ago
Millions of Prince Philips driving around.  Yay!
Comment icon #2 Posted by Twin 4 years ago
Any "industry" would design longevity to be ever-renewable at an ever-increasing price.
Comment icon #3 Posted by Coil 4 years ago
The aging program is so strongly hidden in the body that no scientists can change it, as if they did not interfere in the DNA, gave the body good food, medicine, replaced organs with newer ones, and so on. Because the problem lies not in the physical body but in thinner structures that lead to aging and physical aging is an external reaction of the body to the inability to maintain the cells of the body at a constantly "fresh" level. Because the cells of the body are replaced by new ones, they are not restored to the previous level but they lose some element of this youth and change as they ag... [More]
Comment icon #4 Posted by Seti42 4 years ago
I worry that 'longevity' as a business will essentially create a class of wealthy immortals. (Vampire lords?) The poor will die when they're supposed to and the rich will live for decades longer. I don't think that is a good thing, and is in fact a recipe for distopia. I mean, if you think the ever-widening gulf between rich and poor is bad now...
Comment icon #5 Posted by It's Just An Opinion 4 years ago
Look at marijuana for example, that plant was kept illegal for so long because the pharmaceutical industry would lose money from all the medicines it would replace (and without overdoses) the plastic industry would lose profit from Hemp. If that harmless, yet so beneficially useful plant is treated like such a dangerous drug. Then do you think they would honestly give you immortality out of the goodness of their heart?  It's just so you can be used to generate more profit longer for the corporations. I bet the people would get the fake stuff and the ones who own the industries would get the re... [More]
Comment icon #6 Posted by It's Just An Opinion 4 years ago
Wasn't there some guy that created a saltwater powered engine then he got assassinated? I don't think things like perpetual energy are impossible, I think there's a way to do it if you do it right, but the loss of profit it would create for some people would make them go out of their way to ensure that the efforts put towards it are minimal or in the wrong approach; to ensure they fail and are laid to rest. 
Comment icon #7 Posted by It's Just An Opinion 4 years ago
^^^ that's the cue for the hired internet trolls to come comment things like:  "I think your tinfoil hat is too tight" 
Comment icon #8 Posted by and then 4 years ago
Anyone who thinks physical human immortality would be a "miracle" needs to watch TORCHWOOD: MIRACLE DAY    It raises some interesting issues we'd have to deal with.


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