Proceeding from an article about Zyvex labs and DARPA's $9.7 million investment in nanotechnology, specifically diamandoid mechanosynthesis; a debate on the feasibility and growth paradigm of nanotechnology and its potential impact on engineering and society as a whole.
With this investment by DARPA, the Nanofactory Collaboration at the University of Nottingham UK and the work being done in Geneva by IBM on nanorobotics and nanowires, we are observing the transition of nanotechnology as a theoretical concept into a demonstrable capability.
It is not unreasonable to imagine, if Kurzweil's law of accelerating returns proves consistent, that by the end of the next decade we will have transitioned into a practical commercial capability for nanotechnology and by the late 2020s or early 2030s into a situation of ubiquity similar to today's ubiquitous microtechnology.
Source: http://www.kurzweilai.net/mindx/frame.html?main=/mindx/show_thread.php?rootID%3D136565%26o%3Ddate
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