“Before we have reached singularity developing materials faster does not provide much of an upside, as with the current regulation systems introducing them still takes a decade,” according to George Gogolev, head of Severstal Ventures, the corporate venturing unit of Russia-based industrials conglomerate Severstal.
Regulators are increasingly trying to balance hazardous or toxicity with other factors, such as environmental costs of water, disposal and recycling. But with hundreds of chemicals already identified in many newborn babies and concerns around so-called forever chemicals as well as microplastics accumulating virtually everywhere, the nascent explosion of chemicals potentially to be uncovered using more advanced simulations from super or quantum computers.
As a result, chemicals companies, such as BASF, have been both investing in semiconductor-related startups as well as application to track potential demands.
