venter himself? the man who cracked the human genome in record time a decade ago is now hard at work creating new lifeorms for fuels, food and vaccines. he surprised us by issuing a warning of sorts-- singularity's brand new world, he said, is not just around the corner. >> most of what you've heard here so far today is fantasy or bull ( bleep ). >> reporter: venter was venting for effect, perhaps, since he too is creating the future. but think of the world's growing problems, he says. >> if all these dreams come true, and i hope these people are right, then we will solve everything. nobody has the solutions in hand right now. we have potential solutions. we don't have ways to provide the fuel, we don't have ways to provide the food, clean water, medicine for seven billion people now. how are we going to do it for eight billion, nine billion, 10 billion people in the coming decades? >> reporter: how, indeed? but here in the make-believe world of the future, you can be sure that someone has started working on the question. >> ifill: a couple of updates since that piece first aired: coca-cola is now usi