A Norwegian salmon genetics company, AquaGen, sees tilapia as potentially being a "global commodity source." More than 5 million metric tons of tilapia is produced around the globe. The company thinks that they can industrialize the small-scale tilapia farms that currently exist. This will then produce an "affordable and environmentally friendly" protein market. Since tilapia takes less than a year to mature, it is easy to breed, and is perfect for an application of "selective genetic breeding."
GMOs are very present in today's society. Even though personally I am not 100% for or against them, creating an extremely cheap, easily accessible, environmentally friendly protein source can benefit many developing countries in many ways, although, I will not offer my opinion on whether or not farm-raised fish should be consumed vs. wild-caught fish.