Frances Arnold wins 2016 Millennium Prize for directed evolution method
caltech.edu
caltech.edu
For example, there is an archaebacteria (the exact name of which escapes me at this moment) that is critical for providing bioavailable nitrogen on very young volcanic islands. It is unique because no other organism in the tree of life is capable of nitrogen fixation in the presence of oxygen, requiring expensive mitochondria-like adaptations like quasi-organelles to do so. This is why most plants leave it to soil bacteria, because they can not support the process without huge expenditures of energy that would cripple their survival. This is one of the primary problems with agriculture since you need to flood the providers with nitrogen in the form of fertilizer in order to support the density of modern farming.
There are at least half a dozen research groups trying to force this archaebacteria to evolve to a point where it can carry out nitrogen fixation in the presence of oxygen while doing it at a much lower temperature than it evolved for, which is roughly 100° C. If any of them succeed, we will entirely replace synthetic nitrogen sources in fertilizer with a bacteria that can provide the nitrogen from the atmosohere, eliminating some of the worst environmental impacts of agriculture.
Directed evolution has a very bright future.
However, we're talking about a hyperthermophilic bacteria that wouldn't be able to out compete it's neighbors at temperatures anywhere near ambient. Realistically, the direct evolution experiment will likely require several genetic transfers of the chemical pathway to organisms better adapted to the environment so we won't be effecting survivability as much. Directing the evolution of a single feature is much more practical than the whole organism so I don't think we will be tipping the scales too much.
2) The press release is scant on details. Is this prize for doing work in directed evolution in general? Or some specific techinque that Arnold created? Or sort of a "lifetime achievement".