The scope of the paper as described in the abstract:
We are a multidisciplinary group of Stanford faculty who propose ten principles to guide the use of racial and ethnic categories when characterizing group differences in research into human genetic variation.
And the ten guidelines are:
Statement 1: We believe that there is no scientific basis for any claim that the pattern of human genetic variation supports hierarchically organized categories of race and ethnicity
Statement 2: We recognize that individuals of two different geographically defined human populations are more likely to differ at any given site in the genome than are two individuals of the same geographically defined population
Statement 3: We urge those who use genetic information to reconstruct an individual's geographic ancestry to present results within the broader context of an individual's overall ancestry
Statement 4: We recognize that racial and ethnic categories are created and maintained within sociopolitical contexts and have shifted in meaning over time
Statement 5: We caution against making the naive leap to a genetic explanation for group differences in complex traits, especially for human behavioral traits such as IQ scores, tendency towards violence, and degree of athleticism
Statement 6: We encourage all researchers who use racial or ethnic categories to describe how individual samples are assigned category labels, to explain why samples with such labels were included in the study, and to state whether the racial or ethnic categories are research variables
Statement 7: We discourage the use of race as a proxy for biological similarity and support efforts to minimize the use of the categories of race and ethnicity in clinical medicine, maintaining focus on the individual rather than the group
Statement 8: We encourage the funding of interdisciplinary study of human genetic variation that includes a broad range of experts in the social sciences, humanities and natural sciences
Statement 9: We urge researchers, those working in media, and others engaged in the translation of research results to collaborate on efforts to avoid overstatement of the contribution of genetic variation to phenotypic variation
Statement 10: We recommend that the teaching of genetics include historical and social scientific information on past uses of science to promote racism as well as the potential impact of future policies; we encourage increased funding for the development of such teaching materials and programs for secondary and undergraduate education
In my opinion, except statement 7, rest are not really important. Recently there was a study on "Indian population groups" and genetic link to diseases. I expressed similar feelings to one of the geneticists involved in the project. I feel a lot of effort (I guess that project took years to complete but wasn't accepted by major science journals) and money is being wasted on a field which may not have much relevance.
Though I am all for individual genetic horoscope, I must admit I don't have much idea about its usefulness.