The real question is: what will biology be able to do that computers arn't able to?

Back then the real alure was that computers could compute things amazingly quickly, and later, that through the internet, we could organize information on computer networks. And that everything could scale really quickly.

We may be entering an era of basement labs, but that doesn't mean that these breakthroughs will necessarily be life changing.

IT is working on the problems of organizing people and information. This will likely produce many more people working on solving human maladies. But all these things being done in basements without any regulation or standards may lead to some health risks for first movers.