Author Alec Ross Shares Advice with Carey Students

By -

“Land was the raw material of the agricultural age, iron was the raw material of the industrial age, and data’s the raw material of the information age.”

This quote comes from Alec Ross, best-selling author of The Industries of the Future, a Senior Fellow at Johns Hopkins University, and a former senior official in the Obama administration at the U.S. Department of State. Alec was a guest speaker at the Carey Private Equity and Venture Club on September 18, 2017, and he shared his insights on the industries that would play a key role in the economy in the future.

Personalized Medicine

Alec highlighted the pioneering work of Dr. Bert Vogelstein, co-director of the Ludwig Center at the Johns Hopkins Sidney Kimmel Comprehensive Cancer Center, in the field of cancer genomics and how he led the field of detecting specific biomarkers for cancer now called “liquid biopsies.” A liquid biopsy enables doctors to discover a range of information about a tumor through a simple blood sample. This is in contrast to a surgical biopsy, which is invasive and more costly. Liquid biopsies can identify some of the deadliest cancers in their early stages, giving doctors the chance to treat the diseases long before serious symptoms appear. As the technology develops, the cost for a liquid biopsy could significantly drop to thousands or hundreds of dollars, a price tag more accessible to the public (see Figure 1).

Figure 1: Cost per genome

Source: National Human Genome Research Institute

Skills For the Future

To tackle the industries of the future, Alec advises students to acquire skills and experience from interdisciplinary fields and combine domain expertise with humanities. Alec is a strong advocate of the importance of lifelong learning and interdisciplinary learning as the world becomes globally interconnected. “The ones to succeed are not the ones that are the strongest or most intelligent,” remarked Alec, “but the ones who are most adaptable to change and able to work anywhere on the chessboard of 195 countries.”

Are you that person?

Kelvin Fu
Kelvin Fu

Kelvin Fu is Vice-President at Interprise Partners (http://www.interprisepartners.com), a private equity firm focused on growth companies in the Mid-Atlantic Region. He is also a Partner at A-Level Capital, the student-led venture capital firm focused on providing early stage investments across the Johns Hopkins University ecosystem that includes student, alumni, and faculty-run companies. Kelvin is the Founder of the Johns Hopkins Private Equity and Venture Capital Club, which is one of the most active student clubs that organizes educational seminars, competitions, and networking sessions. Kelvin was based in Singapore and Shanghai and worked for one of the largest foreign-owned private equity growth funds. He has worked on numerous deals spanning across consumer related sectors, energy, and healthcare in different geographic regions such as North Asia, Southeast Asia, and Europe. He graduated from the Johns Hopkins Carey Business School with a MBA and Macquarie University with a Masters of Applied Finance. He also studied Political Science at the National University of Singapore and Technopreneurship in Fudan University, Shanghai, China. Email: k@kelvinfu.com. Website: http://www.kelvinfu.com

Comments are closed.