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October 2nd, 2006
Jeff Clark: Nanotechnology doesn’t make the DVD. It makes the DVD scratch resistant. Nanotechnology doesn’t make the fabric. It makes the fabric stain resistant. Nanotechnology doesn’t make the medicine. It makes the medicine easily absorbed by the body. Building at the nanoscale enables new interactions in materials, semiconductors, and biological agents. Ultimately this should also lead to new discoveries in pharmaceuticals, biodefense, and healthcare.
In short, nanotechnology itself is not a separate industry, but rather an applied approach to multiple industries. Consequently, the profit potential for this market is enormous.
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