ABSTRACT
Nanotechnology and its applications refer to a range of techniques used to manipulate matter at the scale of atoms and molecules. The word ‘Nano’ is a size scale, rather than a material, one nanometer being one billionth of a meter. Advanced nanotechnology offers unprecedented opportunities for progress but it brings unprecedented risks with it too because it could mean millions of jobs lost, or shifted.
Manufactured products are made from atoms. The properties of these products depend on how with the atoms are arranged. If we rearrange the atoms in coal we can make diamond; the atoms in sand we can make computer chips; and with the atoms in dirt, water and air we can make potatoes. It’s all based on the arrangement of the atoms.
The emerging field of nanotechnology is leading to a technological revolution in the new millennium. The application of nanotechnology has enormous potential to greatly influence the world in which we live. From consumer goods, electronics, computers, information and biotechnology, to aerospace defense, energy, environment, and medicine, all sectors of the economy are to be profoundly impacted by nanotechnology.
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