Additionally, there's a lot more to sequence besides just human. Illumina does genotyping for agriculture, they supply 23andme and Ancestry with their SNP chips, sequencing for forensic applications, etc.
There's plenty of value to each custodian that gets their own copy though, just like every cloud company wants their own copy of your name, email, and physical address.
b) we generally assume the older data is stale. In the case of omics: did they keep the unaligned reads? What version of the genome was it aligned against? Was it a graph alignment? What depth? Did my geneticist approve of this methodology? The SNP evaluation? The variants? This goes all the way down. They'll question what generation of instrument produced the data, the duty cycles on the instrument, and on, and on, and on.
You could also sequence bacteria, viruses, tumors, and many many more. It could also impact agriculture as well. Once sequencing becomes cheap enough, I think it'll extend far beyond a one and done test per person.
https://www.genomicsengland.co.uk/about-genomics-england/the...
and there are many other similar efforts underway.
Doesn't a 100$ test put a cap of 100$ per person?
Once sequenced, you don't need to sequence your DNA again, right?