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January 4th, 2010
Abstract:
Nanotechnology is also set to become ubiquitous in the next decade. It has the potential to create many new materials and devices with a vast range of applications, such as in medicine, electronics and power generation. Today, there are many products that are sold as ‘nanotech' devices. However, according to a study by David Berube, funded by the National Science Foundation, much of what is sold in the market as ‘nanotechnology' is, in fact, a recasting of straightforward materials science, which is leading to a "nanotech industry built solely on selling nanotubes, nanowires, and the like" and that will "end up with a few suppliers selling low-margin products in huge volumes."
Source:
moneylife.in
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