Archive: Nanotechnology
Socio-Economic effects of Nanotechnology range widely from extremes of science fiction to reality. Nanotechnology has potential to dramatically increase the life expectancy of human beings through diagnostic or treatment nano-machines, improved drugs, or DNA repair. Although this is a positive outcome, it may give rise to some interesting science fiction scenarios, like capacity-exhausted cities or [...]
Before we discuss Nanotechnology’s Return vs Effort, let me take you to the Golden days of Dotcom, when Hype was the king! Any and every internet related idea was a money maker. If you were a smart investor in Dotcom companies and cashed out before the Dotcom bubble burst, you were lucky, otherwise you lost [...]
Nanotechnology is a fledgling technology waiting to take off. Federal regulations do exist in certain areas but some areas are practically bereft of them. When you deal with almost invisible atoms and molecules and especially when you are modifying them, results can be unstable and/or unpredictable. Given this uncertainty and lack of regulations, it is [...]
Nanotechnology, which is still many years away from becoming a useful usable technology, surprisingly has attracted Venture capitalists like a magnet. One-tenth of 650+ companies in USA are receiving some kind of venture financing. According to National Science Foundation, amount of Venture Capital invested in Nanotechnology is expected to reach phenomenal one trillion dollars [...]
“Science is not done in a vacuum. Lots of support employees are needed in high-tech industries - from project managers to attorneys and marketing specialists” - Levine
Nanotechnology is a very glamorous technology, so are the jobs related to it. Now add the lure from funds rich large companies, federal institutions and universities. You get a [...]
