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Some people I know in the general field and a PhD chemist and a factory process engineer I talked with do disagree with that a bit.
Something I do see as chance are future generation bioreactors in any case.
That is true but can be substituted in the future.
The main points that help us now are changes in consumption, resilience and an end of capitalism.
I do hope it is worth a good deal. I know that the field is too far away from my expertise for me to really get what is and isn't possible so I have to heavily lean on people who do.