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"We are pursuing these technologies to see what the gaps are in where we are today and where we need to be," Sirohi said.
Yashoda Sampath, an economist who specialises in tracking trends in future technology, believes that we are in danger of falling into a "future trap" by blindly pursuing these technologies without considering their practical value.
With increasing numbers of Bt cultivars commercialized, biotech companies are now in a better position to rapidly produce novel Bt cultivars that will delay the evolution of resistance, and biotech companies are already aggressively pursuing these technologies.
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Microsoft's marketing blitz has clearly irritated the small community of Silicon Valley designers who pursued these same technologies long ago.
"There aren't very many people pursuing these sorts of hard technologies," Mr. Thiel says, "and I think there is a sense that we need to be doing more of this as a country, as a society, if people are really going to have a better quality of life 20 years from now than they do today".
Technology will provide the infrastructure to build a better education system but we need to make sure that we are not pursuing technology for technology sake.
We have been pursuing the technology.
The Bush administration accused the North in 2002 of secretly pursuing the technology, leading to the ouster of inspectors.
But making it work in practice has been extremely difficult, and some companies pursuing the technology have given up.
Current projections suggest that within 25 years, half of the US natural gas output will come from shale, while many other countries are also pursuing the technology.
Finally, pursuing this technology is not without controversy in terms of resource allocation and ethics [ 67].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com