First Trillion Dollar Company? Synth-Bio

Yesterday we discussed trillion dollar ($Trillion) industries, and from which industry the first $Trillion company may come from. Consider the goal of Craig Venter's synth-bio research: to replace the entire petrochemical industry! According to Fortune, Venter's company would easily be a $Trillion company if it fulfills Venter's promise.

Geneticist Craig Venter disclosed his potentially world-changing "fourth-generation fuel" project at an elite Technology, Entertainment and Design conference in Monterey, California.

"We have modest goals of replacing the whole petrochemical industry and becoming a major source of energy," Venter told an audience that included global warming fighter Al Gore and Google co-founder Larry Page.

"We think we will have fourth-generation fuels in about 18 months, with CO2 as the fuel stock."

Simple organisms can be genetically re-engineered to produce vaccines or octane-based fuels as waste, according to Venter.

Biofuel alternatives to oil are third-generation. The next step is life forms that feed on CO2 and give off fuel such as methane gas as waste, according to Venter.

"We have 20 million genes which I call the design components of the future," Venter said. "We are limited here only by our imagination."___Source_via_NextEnergy

The problem with creating a $Trillion company is that there will likely be a lot of competitors trying to imitate your success. For most industries, there is only so much market share to go around.

But as I said yesterday, in the future, we are likely to see $Trillion companies the same way we see $Billion companies today. As the norm for large companies and corporations. We merely need to remove the artificial bottlenecks that cause humans to continue thinking "small".