Big news today from biotech scientists: researchers have successfully converted human skin cells into stem cells, which can be used to produce almost any other type of cell and thereby fix numerous problems in the human body. You can read more here:
This advance is particularly important because it should help resolve the ethical controversy that has been raging around the use of embryonic stem cells. With fewer antagonists, hopefully financing will improve, thereby accelerating development and adoption of technologies that leverage this knowledge.
In Ray Kurzweil's book, The Singularity is Near (available in the MTA book store), he predicted based on current trends that a biotech revolution would occur within the next decade. Today's announcement is an important step toward facilitating that revolution.