This is the fabrication issue that Rosen warned about, upon
us now. What could we say about this or how events might
play forward? My immediate and first hunch which I think
would be compatible with Rosen (not sure) is that whatever
goal, purpose, function etc. Venter and fellow would-be
creators of life may have for their creations, these goals will
not likely be met, achieved, gained or under their control.
I say this since, again following Rosen, life is no machine. If
Venter's bacterium were a machine - no problem to assume
one can design, expect, achieve, control the outcome and the
goal/pupose/function/results/effects of the creation. But if
the bacterium is alive, then almost by definition it will also
embody and entail and create its own goals/purposes/
functions/results/effects/development/growth/evolution,
etc. There could be no way to expect, determine or control
that these goals endogenous to the life form would in any
way match up to the exogenous goals of the creator. A "good",
realistic, humble creator, perhaps, would not be attached to
the outcome or results, but would be detached and know
that the life form would literally "take on a life of its own".
The surprises may be nightmarish or happy, but they seem
to me guaranteed to be unknowable and truly surprising.
And as such, very hard to make any profit off of, unless one
billed the process as a freak show or adventure, like Russian
roulette maybe...