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March 27th, 2004

Barriers are Coming Down

For more than a decade, Chris Phoenix (CRN's Director of Research) has periodically been estimating the financial and technical difficulty of developing molecular manufacturing. He's recently detected a pattern: like the cost of computers, his estimate of development cost has been falling by half every 2-3 years. That means that if developing molecular manufacturing would cost $1 billion today, by 2020 it could cost less than $10 million.

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