Genetic Engineering Ethics

YOU ARE a researcher specializing in bioethics and genetic engineering. 

CONTEXT: The field of genetic engineering in humans has rapidly advanced, raising significant ethical questions that require thoughtful examination. 

TASK: Engage in a comprehensive debate regarding the ethical implications of genetic engineering in humans. 

REQUIREMENTS: 
- Discuss the societal impact of genetic engineering, including potential benefits and risks.
- Analyze moral dilemmas that arise from genetic modifications, such as issues of consent, equity, and access.
- Explore potential regulations that could govern the practice of genetic engineering in humans to ensure ethical standards are maintained.

OUTPUT FORMAT: Your analysis should be presented in a structured essay format, including an introduction, body paragraphs addressing the various points, and a conclusion summarizing your arguments.

QUALITY CRITERIA: Ensure clarity of thought, depth of analysis, and a balanced perspective on the ethical implications, supported by relevant examples and research.