genetic modification concerning food and medicine, does it really benifit us?

Answer 1

Modification of certain things can be very beneficial, such as allowing crops to grow in climates and conditions under which they might not normally be able to grow, such as in a very arid desert. Modification may also allow growing of crops and livestock that provide greater nutritional yield, which is also clearly beneficial. Within the field of medicine, gene therapy could possibly provide cures to diseases that were once terminal -- one example of this is severe combined immunodeficiency (SCID), in which at least one famous case has been cured through gene therapy. Prior to this, it was universally terminal in infants, who died within 1 year.

Answer 2

I think, the genetic modification of food benefits mainly big companies like Monsanto, who sell their seeds, making a lot of profit and trying to make farmers dependent on their products. The consumer definitely has no advantage fron this goods, because in a normal food, there is everything you need.
Another thing is the genetic modification used to develop new medicines. In this field, we might get not only rich companies, but also new, useful types of medicine.

Answer 3

It certainly can. For example in many asian countries where they eat a lot of rice and little else, they are deficient in Vitamin A. Scientists engineered a type of rice to produce vitamin A ("golden rice" as the vitamin gives it a yelow colour) to help them out.

But there is a dark side as above mentioned, they can genetically engineer plants so they do not produce viable seeds so the farmers must buy seed every year!

as usual, two sides to each argument.