Life extension is likely to happen more quickly. There's a lot of research on this at the moment, and clearly a big prize for anyone who makes progress. There are even studies that suggest we don't have to age, that if we can understand the ageing process within cells we could pause it, even reverse it. The impact on humanity would likely be catastrophic. Fascinating article, thanks!
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It would be catastrophic at first just like any othet major paradigm shift is but we will adjust.