Boom, Bust, and Nanotechnology: The Next Industrial Revolution?
After seeing the potential of nanotechnology, it's easy to get euphoric. Everyone is looking for “the next big thing” to bring back economic good times, and nano is becoming the betting person's favorite. Although it is not yet clear which of the many technologies we've discussed will actually turn to gold (of any color), it is certain that many of them will have a substantial impact. The National Science Foundation estimates that the industry could grow from essentially nothing to $1 trillion worldwide in just fifteen years, a dizzying level of growth. In the end, nano would be a bigger economic force than software, cosmetics, drugs, or automobiles are in the United States today—almost ...
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