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August 27th, 2007

Nano's Big Numbers

Abstract:
In 2005, leading nanotechnology research firm Lux Research issued a report claiming that nanotechnology would be the basis for $2.6 trillion in new products and services by 2015. At the time, it was widely hailed by nanotech supporters as an indication of the field's immense potential. To critics, it was just another example of excessive hype.

Debate still rages over the validity of that figure. I was recently asked for my opinion, and here's my answer: I think $2.6 trillion is a reasonable estimate.

Source:
fool.com

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