In the whitepaper they mention that they are novel compared to other in silico design techniques, but to my knowledge other binders to VEGF and Covid spike protein exist and would already be found in the PDB database that Deepmind trained the model on.
This is not to minimize the results- if the history of ML is anything to go by, even if AlphaProteo does not currently beat the best affinity found by in vitro screens, I do not doubt that it soon will!
[0] - https://storage.googleapis.com/deepmind-media/DeepMind.com/B...
Working in this area might also be good test of their technological approach, as small-molecule binding can be somewhat challenging, and even evolved biological systems can struggle to achieve high specificity.
I'm very interested in my research at the moment in pleiotropy, namely mapping pleiotropic effects in as many *omics/QTL measurements and complex traits as possible. This is really helpful for determining which genes / proteins to focus on for drug development.
The problem with drugs is in fact pleiotropy! A single protein can do quite a lot of things in your body, either through a causal downstream mechanism (vertical pleiotropy), or seemingly independent processes (horizontal). This limits a lot of possible drug target as the side-effect / detrimental effect may be too large.
So, if these tools can create ultra specific protein structures that somehow only bind in the areas of interest, then that would be a truly massive breakthrough.
That being said, as others have commented, my hopes are that all these advancements lead finally to reliable design methods for novel biocatalysts, an area that has been stalling for decades, compared to protein folds and binders.