“It’s green, it’s clean, it’s never seen — that’s nanotechnology!” That exuberant motto, used by an executive at a trade group for nanotech entrepreneurs, reflects the buoyant enthusiasm for nanotechnology in some business and scientific circles.
Universities, industry, and governments around the globe are pouring billions into creating and developing nanoproducts and applications.
A range of nanotechnologies is already used in more than 600 consumer products — from electronics to toothpaste — with global sales projected to soar to $2.6 trillion by 2014.
Nano enthusiasts see it as the next “platform technology” — one that will, like electricity or micro-computing, change the way we do almost everything.
While that prediction is still unproven, there’s no question that nanotech is booming.
A farm-oriented pesticide law dating to 1947 is scarcely the right tool for addressing the 21st-century hazards of nanotechnology.