Jonar Nader outlines the short-term and long-term technological breakthroughs, and he explains where the rich and powerful are likely to invest their money. He speaks about nano-technology, bio-technology, and chemical-technology. Further below is a transcript of the video.
Here is the transcript:
Jonar Nader: I would invest in chemical technology. See, at the moment, if you want to build a building, you think it, you design it, you buy the materials, you build it. How easy it is for engineers to build. But chemists have a terrible time. Chemists work in the dark. They can’t see what they’re doing, and it’s all experimentation, and it’s like putting stuff and shaking the bag and hoping for goodness something will come out. And 15 years later, normally it does. But when we can get chemical technology for the same level as think, design, buy, build, wow, we can reduce the development cycle from 15 years to one year and not work with accidents.
Jonar Nader: Viagra was an accident. Penicillin was an accident. The pill was an accident. The major significant developments have always been accidents. Well, how about we actually, specifically, purposefully design? The only danger is that terrorist can then design similar. And if you think Anthrax is a problem, how about we design a chemical technology that says, “If you are an American, it will kill you, this powder?” How about we get mosquitoes and get the mosquitoes to fly and when they pierce you, if you have blonde hair, you will die, because that’s where that’s heading?
Jonar Nader: That’s the bad side. There are good sides – genetic engineering, to fix things like I no longer have to wear glasses, you can just fix that problem, going bald as I am, you could fix that problem. Speech impediments, you can fix with genetic engineering. I had a guy in my class who just couldn’t pronounce letter “R,” and the poor fellow, every time he did something wrong, the teacher would embarrass him to death – you know, talk about these teachers, I don’t know, probably in your days, too – she’d say, “Get up here and recite after me. Rabbit gave Richard a rep in the ribs for roasting the rabbit so rare.” The guy couldn’t pronounce the letter “R”. With all the dignity he could muster, he would stand up there and say, “Bob gave Dick a poke in the side for not cooking the bunny enough.” How about designer children? Yeah, exactly the way you want it. There’s a future for you, short-term, low-risk. Well, Willy went to his sister. He said, “Where did I come from?” She said, “The stork brought you, Willy.” He went to his mother. “Mummy, where did I come from? The stork brought you, Willy.” He thought he’d go to his grandmother. “Grandma, where did I come from?” “Willy, the stork brought you, and that’s enough.” Next day at school, he got up, and he said, “It’s a known fact there have been no normal sex relations in my family for three generations.”
Jonar Nader: Let’s go short-term, high-risk. How about skin farms and body parts? You could change everything almost today. You end up shaking hands with someone you’re not sure how many times you’ve met them before and how many permutations. And you realize that the baby’s foreskin, if it’s cut, that tiny little piece of skin, actually is used to grow a sheet of real skin the size of a football fields. But forget that, because, now, we can actually, make real living, breathing skin in a lab from nothing. And skin burn victims, et cetera, appreciate what that can do for them.
Jonar Nader: Human control devices, if you’re a thug of some kind, if you’re a criminal, instead of putting you into jail, every time you’re hormones play up, automatically, these jelly beans will be throughout your body, will inject you. If you have a high blood pressure, why do you have to take tablets morning and night? We’ll do it automatically through jelly beans and micro doses. If you need Viagra, it happens when it happens. So, human control devices aren’t just about controlling thieves, it’s controlling your daily life, sugar levels, et cetera. Comet mining? Boy, there’s a lot of stuff out there, but what’s stopping us from comet mining? Two obstacles and they are ownership and water. Who owns the piece of rock? And how can get enough water up on a pay load, because water is so heavy to take up, so that we can drill and mine. There are two things, but we might be able to make water up there, so that might solve that problem. Let’s go long-term, low-risk.
Jonar Nader: Long-term, biotechnology. Now, almost this very square inch Mr. Beatty was here last year or the year before for the Australian Institute of Company Directors. Is Mr. Beatty here yet, respectfully? I need to know because I need to tell you a story about him. We’ll go no further, I hope, because he did tell me in confidence. Anyway, he was standing here – well, as far as Mr. Beatty, but no further. Now, and he was declaring that biotech is where Queensland and where he’s pushing. So, perhaps, if you manage to speak with him, just feel his passion because he understands where this biotech is going so that we can help people and live a better life. My next-door neighbor was 90, sex mad, absolutely sex crazy, went to the doctor and he said, “Doctor, I want you to lower my sex drive.” And the doctor said, “You’ve got to be crazy. You’re 90 years old, for heaven’s sake. What do you mean? It’s all in your head.” He said, “I know, I know, I want it lowered.”
Jonar Nader: How about honeymoons? You thought – you thought, this act here was an act. These people know what they’re talking about. We will soon have to travel to the moon, and you can have your honeymoon up there courtesy of Hyatt. And Hilton’s already put a pitch on it. So, could we, perhaps? There’s your next venture. How do you get in to that? How do you get in to that? And, yes, you’re right Mr. Buchanan, it is expensive, absolutely expensive, but, you know, people win the lotto all the time. A friend of mine won the lotto, rang up his wife, “Sati, I’ve won, I’ve won a million dollars! Pack your bags! I’ve won!” She said, “Fantastic, Stan. What should I pack for? Summer? Winter?” He said, “I don’t care, just be gone by the time I get back.” Money is liberating. We want more of it.
Jonar Nader: How about artificial food where you can eat fish and any other such meat made in a lab and you wouldn’t know the difference? You do that Pepsi, Coke taste test, you couldn’t tell which meat comes from where. And soon you’ll have McDonalds homemade, it will be for real.
Jonar Nader: Long term high risk, nanotechnology. And funnily enough, nanotechnology is in The Financial Review today. I was having breakfast. Well, twice breakfast I’ve had. But it has got a feature on nanotech by a Grant Butler, a friend of mine. I didn’t know. I just saw it today and I thought, yeah, look, so if you get The Financial Review today, read up, but let me give you a quick, quick lesson in nanotech. It means that one day we will be able to find the – at the atomic level to build molecules so that if we need water or tomatoes or chairs, or a left foot or whatever it is, because, ultimately, they’re made of atoms, why can’t we use the genetic engineering and the chemical engineering and the biotech to build these tomatoes that we need up there at the atomic level, at the molecular level. So, nanotech is actually not about little tiny machines that can unblock your artery – which is one element – it’s about building anything and everything from the twenty or a hundred components that life’s made out of. Scary stuff.
Jonar Nader: Solar One, the first mission to the sun, so long as go at night, you’ll have no problem. Near light speed travel, I wouldn’t be so daft to talk about light speed travel. Not just yet, but, boy, I do believe in near light speed travel. And decomp, where you decompose yourself and recompose yourself anyway you like, you can be in London in three minutes flat. Of course, your luggage will end up in Singapore, but that’s another problem.