Freakonomics Radio

Extra: Why Is 23andMe Going Under? (Update)

46 snips
Apr 29, 2024
Anne Wojcicki, co-founder and CEO of 23andMe, discusses her company's dramatic decline from a booming genetic testing pioneer to facing significant financial challenges. Rolfe Winkler, a Wall Street Journal reporter, sheds light on the implications of a recent data breach and the company's struggle to monetize wellness products. They explore ethical concerns surrounding genetic data use, the emotional impact of DNA revelations, and the broader significance of consumer genetics in healthcare innovation. The conversation uncovers both the potential and pitfalls of personal genomics.
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ANECDOTE

Golden State Killer Capture

  • The Golden State Killer was caught using DNA uploaded to GEDmatch.
  • This open-source site allowed cross-referencing with relatives' DNA.
INSIGHT

Data Privacy Concerns

  • 23andMe founder Anne Wojcicki prioritized data privacy from the start.
  • She considered potential misuse by law enforcement, like in the Golden State Killer case.
INSIGHT

Healthcare System Focus

  • Anne Wojcicki realized the U.S. healthcare system profits from illness, not wellness.
  • This inspired her to create 23andMe, focusing on empowering individuals.
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