Ray Kurzweil is an inventor, thinker and futurist, famous for his predictions about the pace of technological progress and the world of tomorrow. In this video, Kurzweil discusses biotechnology, an exciting and fast-moving field.

Since the first human genome was recorded, the cost of sequencing has fallen dramatically. Now that we have the "source code" of life, let's see what we can do with it. According to Kurzweil, biology is a fascinating thing, but it can be even better, so we need to reprogram it. This will radically transform health, medicine and human life.

"[What happens in biotechnology] is an exponential process. Exponentials start slowly and then explode," Kurzweil says. "We are now in that explosive phase in biotechnology. What started as a trickle in clinical practice will turn into a flood in the next decade."