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Economic Analysis of the Nanotech Future

nweaver writes "Economic Historian and Berkeley Professor Brad DeLong has created an analysis on his Web Log on the economic implications of Nanotechnology. His observations are based on what previously happened with the Industrial Revolution (and other economic shifts in general) and using this to speculate what Nanotech will do to the economy: who wins (technical/knowledge workers), who loses (manufacturing), and what changes (costs of products)."

188 comments

  1. Raises interesting questions by Steve+'Rim'+Jobs · · Score: 2, Interesting

    If, in the future, copying physical objects is nearly as easy as copying information on a computer, will corporations lobby to pass laws that make it illegal to do so? In other words, will I be arrested one day for making a copy of my friend's Ferrari?

    1. Re:Raises interesting questions by Popadopolis · · Score: 3, Insightful

      My assumption is that there would be built-in safegaurds to prevent that, at first atleast. Also, it seems that in the beginning, the technology would be quite limited in and of itself.

    2. Re:Raises interesting questions by Lilkeeney · · Score: 4, Funny

      Well you can always just copy your friends money and then just go buy your own. But I guess they might make that illegal too.

    3. Re:Raises interesting questions by Conspiracy_Of_Doves · · Score: 0, Offtopic

      Dude, just because it's an article on the same subject doesn't mean you have to repost your comment from the last article, word for word.

      http://science.slashdot.org/comments.pl?sid=87908& threshold=1&commentsort=0&tid=126&mode=thread&cid= 7618053

    4. Re:Raises interesting questions by the+web · · Score: 1

      ...will corporations lobby to pass laws that make it illegal to do so?

      Hmm...or will it be included in a copyrights act of sorts. If simple replication in involved then there has to be a group somewhere that thinks they're getting the shaft and thus deserve compensation.

      All those buggy whip makers will be out of jobs!

      --
      __
      Thou hast besquirted me, O leotarded one.
    5. Re:Raises interesting questions by simcop2387 · · Score: 1

      its almost modded up the same too! that is funny as hell

    6. Re:Raises interesting questions by Steve+'Rim'+Jobs · · Score: 3, Insightful

      Yes, but in such a world would we really have a need for money anymore?

    7. Re:Raises interesting questions by Steve+'Rim'+Jobs · · Score: 1, Funny

      Hey, if the /. editors can make dupes and get away with it then so can I! ;)

    8. Re:Raises interesting questions by tekiegreg · · Score: 1

      This does bring an interesting point, I guess money will be irrelevant granted I can make perfect copies of all the money I want. Oh wait we'll be tracking the money electronically you say? Eeeeh I'll replicate a computer that favors my own bank account, sneak up to the building teleport one computer out, the other one in....throw everything in chaos, kinda scary when you think about it....

      Well with money irrelevant, communism here we come...

      --
      ...in bed
    9. Re:Raises interesting questions by tibike77 · · Score: 2, Funny

      Imagine a holo 3D banner-ad like the following: Wellcome to http://nano.box.sk, the one and only site on the WorldNet to bring you crackz and hackz for the latest nanoware... LMAO Could be...

      --
      By reading this signature you agree to not disagree with the post you just read.
    10. Re:Raises interesting questions by mrtroy · · Score: 1

      Unless nanotechnology will allow for the reproduction of oil, which would be a bad idea, you may want to copy your friend's renewable energy sourced car :)

      --
      [I can picture a world without war, without hate. I can picture us attacking that world, because they'd never expect it]
    11. Re:Raises interesting questions by meta-monkey · · Score: 5, Insightful

      Well, that would be a big problem. I always wonder, in Star Trek, where there's no need for money because everybody has a replicator, who cleans the toilets in public restrooms? There are some really, really, dirty disgusting nasty jobs out there, that nobody would do, if it weren't for the fact that they were willing to do it for money. If, in the future, you can make anything you want for what is essentially "free" (I know it still costs energy and the initial matter, but I'm assuming those costs are trivial) then how are these really, really undesirible, but necessary, roles in society going to be filled?

      --
      We don't have a state-run media we have a media-run state.
    12. Re:Raises interesting questions by Lilkeeney · · Score: 1

      Well if you need to to to the bathroom and the toilet is dirty. Just transport the dirty toilet to /dev/null and replicate a clean one.

    13. Re:Raises interesting questions by Charles_Anus · · Score: 0


      in Star Trek, where there's no need for money because everybody has a replicator, who cleans the toilets in public restrooms?
      The transporters have biofilters which can remove harmful germs & viruses from beaming aboard. Surely there could be a method like this to clean the toilets without a crew member having to do it. (granted, it's all sci fi anyhow :))

      --

      U R teh funnee!
    14. Re:Raises interesting questions by f97tosc · · Score: 1

      If, in the future, copying physical objects is nearly as easy as copying information on a computer, will corporations lobby to pass laws that make it illegal to do so? In other words, will I be arrested one day for making a copy of my friend's

      I don't see what new laws need to be passed. It IS illegal to build a perfect copy of a Ferrari.

      Remember that the products still have to be designed. We could perhaps expect a development like in software, where companies sell the right to copy the latest model with all the features (~MS Office). On the other hand, there may also be free alternatives of high quality (~StarOffice).

      Tor

    15. Re:Raises interesting questions by Anonymous Coward · · Score: 0
      The robotic toilet cleaning overlords?

      Sorry.

    16. Re:Raises interesting questions by meta-monkey · · Score: 1

      You're missing the forest for the trees. I gave an example, and sure, maybe there's a way around that, but the general question still stands. There ARE really shitty jobs out there, that a dangerous, thankless, dirty, and grueling, but people do them because they want to make a living. What happens when people don't need to work to make a living anymore? Would anybody still do those jobs?

      --
      We don't have a state-run media we have a media-run state.
    17. Re:Raises interesting questions by stubear · · Score: 1

      Sure. We give the ACLU the finger and put prisoners to work.

    18. Re:Raises interesting questions by f97tosc · · Score: 2, Insightful

      Yes, but in such a world would we really have a need for money anymore?

      Yes. Currently, only about a small portion (I think less than 20%) of the economy is manufacturing. Even if we no longer need to use money on that 20%, we still need it for food, services, energy, real estate...

      But I think people will be willing to pay for designs, just like people pay for the design and service of software (the "production" is costless). Of course, for many common products there may be open source alternatives...

      Tor

    19. Re:Raises interesting questions by Anonymous Coward · · Score: 0
      The transporters have biofilters which can remove harmful germs & viruses from beaming aboard.

      Now if only they could beam the shit out of my ass..

    20. Re:Raises interesting questions by falzer · · Score: 1

      Perhaps nanotech will one day allow us to make copies of our Slashdot posts!

    21. Re:Raises interesting questions by Zoshnell · · Score: 2, Funny

      Thats what droids are for.

      "I, Captain Kirk, have finished my mighty domintation of the toilet! Toilet cleaner droid, take care in there, I had mexican replicator food!"

      --
      "Do you suppose that's why God lives in the Heavens? Because he lives in fear of His creations?" - Steve Buscemi
    22. Re:Raises interesting questions by Zoshnell · · Score: 1

      So then the Open Source equivalent would be the Starari? Silly name, but I'd buy that for a dollar!

      --
      "Do you suppose that's why God lives in the Heavens? Because he lives in fear of His creations?" - Steve Buscemi
    23. Re:Raises interesting questions by homer_ca · · Score: 1

      No, not communism. It's not so much that money is irrelevant. It's that scarcity of labor and material goods is irrelevant. In the game Alpha Centauri this society was called Eudaemonia. In that utopian world, humans would use their newfound free time to pursue artistic and intellectual endeavors and develop themselves to the best of their ability. In the dystopian version, humans would descend into sloth and decadence, nothing more than couch potatoes to be served by our new robotic overlords.

    24. Re:Raises interesting questions by Anonymous Coward · · Score: 0

      Maybe no one will do those shitty jobs and if you want anything done, you'll have to do it yourself, or for the good of society. Or hope like hell AI is invented by then so we can make robot helpers.

    25. Re:Raises interesting questions by Anonymous Coward · · Score: 0

      Sure they would! Or an alternative solution would be found.
      Thinking in present day terms doesn't cut it. If society were to change so considerably, so would it's people. You should try to consider these issues within the mindframe of people growing up in that society, not of people who've grown up here. This won't be an issue.

      There are no shitty jobs, since there are no jobs. You don't like something, you do it yourself, because there's no one you can force or bribe to do it for you. You don't like doing it, you don't do it. If no one does it, then obviously, it can't be an issue.

      Anyway, as I said before, present day terms don't work.

      Cheers

    26. Re:Raises interesting questions by ahem · · Score: 3, Informative

      Cory Doctorow takes an interesting look at this question in "Down and Out in the Magic Kingdom". He posits a post-death, post-scarcity society and solves the problem of who does the dirty work via the mechanism of 'whuffie'. He explains it better thru the novel than I could ever summarize. It's also available for free at http://www.craphound.com/down/

      --
      Not A Sig
    27. Re:Raises interesting questions by Anonymous Coward · · Score: 0

      1) One of my pet dreams is the ability to design and make "smart" solar panel units that what reproduce and cover damn well whatever land area you told it to. After a bit of initial work, energy would be as free as we get it from the sun.

      2) So what then? Cover deserts and rooftops around the globe with some sort of gridified solar panel and power station architecture.

      3) Profit! Actually no, but after the initial investment, Free(TM) energy!

    28. Re:Raises interesting questions by spacecowboy420 · · Score: 1

      In the future, currency will be in the form of sexual favors :-) Think about it. If you want your wife to do something, you can't bribe her - she has all of your money. So you exchange back massages or her favorite sexual activity, or another human only activity. Of course, when there are realistic sexbots, that won't work either.
      If all needs are met for survival, sexbots are available (so will likely cleanerbots), then all that is left is ego. You will work for the prestige of working.

      --
      ymmv
    29. Re:Raises interesting questions by ISayWeOnlyToBePolite · · Score: 1

      How will that problem arise with nanotech, specifically. Here's a challenge that ought to be several orders of magnitude easier to solve; Given the confinement of, let's say a milk carton (hardly nanotech needed to fit into that) make me a machine that with bricks, mortar and stone builds a scale replica of Versailles, it doesn't have to be exact on the microscopic level, eye view only. Seems kinda far off into the future doesn't it.

      -Don't trust smart paint!

    30. Re:Raises interesting questions by MindStalker · · Score: 1

      Because services will still be wanted, such as entertainment, cleaning toilets. And there will still be a cost for large sums of matter to build large objects with, and energy may be not be free, though it may. And land prices (on earth) will be through the freaken roof.

    31. Re:Raises interesting questions by dustman · · Score: 2, Interesting

      Answer #1:
      There will *always* be stuff which is scarce. Maybe it will be real estate. Maybe we will continue to impose artificial scarcity (i.e. intellectual property) on certain things. Maybe there will be some completely arbitrary measure of "status" that people value.

      Read science fiction stories for examples of what will be scarce. (The "status" thing really was in a rather crummy science fiction story I read once.)

      Whatever it is, scarce goods will have value, and some economy based around that value will exist.

      Answer #2:
      Perhaps we can build robots to do the bad work for us.

      I believe that artificial intelligence is possible with enough processing power (and if we have nanotech, we will be capable of exceeding the processing power per cm^3 of our brains).

      More important than just creating smarter versions of ourselves, though, is the concept of intelligence without personality. Something which is able to reason, but which does not have a "being" behind it.

      Artificial intelligence built around this concept would not "turn on us" like the matrix. There would be no moral issues with shutting it off after asking it to solve a problem.

    32. Re:Raises interesting questions by whovian · · Score: 1

      Well, in the Star Trek universe there are also the matter transporters, so any waste could be dematerialised a put elsewhere. Of course, you could just use your phaser (set to kill, I suppose) to disperse the atoms comprising the waste.

      But to take your point to heart, the jobs or roles available by society do change with the times, mainly due to technological advancement, but there are indeed the jobs americans in particular would rather not do (haul trash, eg.). That's one of the reasons why illegal aliens are permitted.

      --
      To-do List: Receive telemarketing call during a tornado warning. Check.
    33. Re:Raises interesting questions by spacecowboy420 · · Score: 1

      You write software that designs it for you. Pump in some parameters, a materials list and voila! Instant stuff. I know there is specialised software that does this in a basic way now. Darwinistic software, software that goes through the trial process during design. I can't see how it would be so difficult to write software in this manner as well. Just write some standard sophisticated JUNIT tests.

      I can see it now: " Hal, one flying car please"

      --
      ymmv
    34. Re:Raises interesting questions by Chris+Y+Taylor · · Score: 2, Interesting

      Years ago I read a sci-fi short story something like this. Aliens wanted to destroy Earth's economcy so they gave us (just left them out in public somewhere) a pair of devices that could copy anything. Of course, it wasn't too long before someone thought to copy one with the other and then before you know it everyone is getting them. The hero of the story was the manager of a large dept. store (like Macy's). In the morning when he goes to work it is a normal day and they are in business selling mass produced items. As the "duplicators" start showing up, he realizes that the old business model doesn't work anymore. He orders his staff to stop selling items for their marked price and to charge customers a small fee to copy anything in the store. He then orders the stores buyers to stop trying to get good prices on mass produced items and instead try to find one of every weird or unique thing they can. At the end of the day the store is still in business, but with a completely different business model, relying on good customer service and having a wide selection of unique items to be copied for a small price. Can anyone recall what the name of this story is or its author?

      Of course there are some fields where we already have such "duplictor" based business models. The printing press made books the 1st such field. Now, of course, we have the same thing with music, software, and other information based businesses.

      -Information wants to be free the same way that jewelry wants to be free.

    35. Re:Raises interesting questions by kabocox · · Score: 1

      Oh them... those guys make more money than the Star Fleet Admirals.

    36. Re:Raises interesting questions by praedor · · Score: 1

      Or, you can use thermal depolymerization as written up in the May 2003 Discover magazine article on the process being tested by "Changing World Technologies", CEO Brian Appel. They have a proof-of-concept plant running in Missouri and the city of Pittsburgh is in talks about setting up a plant to handle this.


      The process and plant can convert virtually any type of waste into relatively benign fuel oil, and more. From the article: "The process is designed to
      handle almost any waste product imaginable, including turkey offal,
      tires, plastic bottles, harbor-dredged muck, old computers, municipal
      garbage, cornstalks, paper-pulp effluent, infectious medical waste,
      oil-refinery residues, even biological weapons such as anthrax spores.
      According to Appel, waste goes in one end and comes out the other as
      three products, all valuable and environmentally benign: high-quality
      oil, clean-burning gas, and purified minerals that can be used as
      fuels, fertilizers, or specialty chemicals for manufacturing."


      "Unlike other solid-to-liquid-fuel processes such as cornstarch into
      ethanol, this one will accept almost any carbon-based feedstock. If a
      175-pound man fell into one end, he would come out the other end as 38
      pounds of oil, 7 pounds of gas, ! and 7 pounds of minerals, as well as
      123 pounds of sterilized water."


      Don't need mega-oil companies, ever increasing garbage dumps, hazardous waste buildup, near absolute dependence on foreign sources of petroleum-related energy. And don't need nanotech to either for this process.

      --
      In Bushworld, they struggle to keep church and state separate in Iraq as they increasingly merge the two in America.
    37. Re:Raises interesting questions by praedor · · Score: 1

      I CAN think (and visualize) the such a world of no scarcity, etc. ALL people would become as vacuous and daft as Paris Hilton.


      Imagine. Every frickin' one of us a male or female variant on the Paris Hilton model.

      --
      In Bushworld, they struggle to keep church and state separate in Iraq as they increasingly merge the two in America.
    38. Re:Raises interesting questions by Rorschach1 · · Score: 1

      Are you talking about money as a medium for exchanging value, or the physical specie that represents it? I think we're always going to need a medium for exchange and storage of value... as for the physical aspect, check out Tangible Nanomoney for an insightful look at the problems of cash in a nanotech world.

    39. Re:Raises interesting questions by CommieLib · · Score: 1

      With no more mountains to conquer, we grow fat on the plains.

      --
      If your bitterest enemies are people who hack the heads off civilians, then I would say you're doing something right.
    40. Re:Raises interesting questions by meta-monkey · · Score: 1

      Moderators, mod this guy up IMMEDIATELY. Thanks for pointing this out to me, ahem. I read the first two chapters, and all I can think is "holy crap, this is the best sci-fi writing I've ever seen." And I've read a lot of sci-fi. I cannot wait to read the rest of it. I simply love the way he mixes in truly appropriate future diction, at a level that requires modern-day intelligence and insight to comprehend. I like the characters, too.

      Again, thanks for pointing this out to me, and maybe it'll answer the question I originally posed :)

      --
      We don't have a state-run media we have a media-run state.
    41. Re:Raises interesting questions by garyrich · · Score: 2, Interesting

      Lets grant the "star trek universe" enough of a widespread understanding that we can call it a thought experiment. It is one on many levels, but just look from the scarcity point of view. Your first point is wrong - there is a need for money. Currency, barter and other types of exchange are more and more important as you travel further and further out into the Harry Mud edges of the frontier. Granted, they don't seem terribly important on Earth and more highly developed planets. This would also be true with a late stage nanotech society.

      Second, in that universe it seems pretty clear that not all things replicate equally well. Many luxury goods (wines, brandy, foods). Also some necessities - if you could replicate di-lithium crystals the society would not work the way it does. Nano would also work this way. Unlike the start trek universe 'tea, earl grey, hot' would be one of those things that molecular mfg wouldn't work that well for. There is a nano factory called a tea plant that produces a concentrated substance in its leaves that does a great job. Nano would/could go a long way to up yields on tea, automate care (aphid hunting nanobots would be preferable to pesticides) but the tea plantations are there to stay. Someone(s) still going to have to have to run the operation. Probably someone that is a hard core tea geek (yes, they exist) would do 80% for love of the process and 20% for those luxury goods that don't replicate well (maybe he's also a stinky cheese geek or collects antiques).

      So, who cleans the toilets? A toilet that needs a human to clean it is a poorly designed toilet - why buy that model? "the droids would clean it" is a valid answer to some extent, but for the toilet example it should just be self cleaning.

      In the larger sense it makes sense to ask "who does the unpleasant jobs, whatever they may be, there are bound to be some". As many reasons as there are people, I suppose. In the Federation we see many of these things done by star fleet folks. They do it for pride of position, duty, a tradition of public service, earning their way into the company of those they respect (same reason we humiliate recruits in boot camp). Hard scrabble miners do it in hopes of great riches (what does that mean? It clearly still means something) and probably because they don't 'play well with others' and couldn't get on in more civilized parts.

      If pople are freed of having to spend most of they waking hours on basic survival they will find thngs to do. Some destructive, some stupid, some brilliant and some that areas that look to other people as crazy (why would someone spend 4+ hours a day working in a garden if they didn't need the $$/food?).

      --
      -- your Web browser is Ronald Reagan
    42. Re:Raises interesting questions by amembleton · · Score: 1

      We'll have to move from physical money to electronic money like we currently have with credit and debit cards. There isn't really any need for physical money and more.

      All the goverment needs to do is remove bank charges for small businesses and we can wave good buy to the several thousand year old practise of exchanging pieces of metal.

    43. Re:Raises interesting questions by jlazzaro74 · · Score: 1

      Nanites impregnated in the porcelain of the toilet will break down fecal matter into base elements, which will be transported to another pool of nanites. These will reassemble the materials into useful and glamorous consumer products. Crap in, crap out.

      Joe

    44. Re:Raises interesting questions by 4of12 · · Score: 1

      will corporations lobby to pass laws that make it illegal to do so?

      Good question.

      Copyright law, patent law and some legislation like the DMCA already place limits on how information can be copied, or how physical objects can be copied.

      IMHO, the really interesting area will be information encoded chemically, as in DNA.

      There are already cases where farmers have been sued for illegally re-using seed from artifically-created genetically modified plants.

      WIth the possibility of deliberately creating human-like slave creatures with engineered lower intelligence and higher compliance with authority, there will be some interesting ethical matters to resolve about procreation that will make issues like abortion and cloning seem tame by comparison.

      --
      "Provided by the management for your protection."
    45. Re:Raises interesting questions by Anonymous Coward · · Score: 1

      "Business as Usual, during alterations", by Ralph Williams is the story. Look it up in the ISFDB (www.isfdb.org) if you want to find a reprint. A nice touch is that the manager realises all the implications, and starts selling stuff on credit only.... most money now is bits in memory somewhere, rather than expensively prionted pictures of famous dead people, and the replicators eliminate the dead portraits once and for all.

      Basically, the story is an answer to Damon Knight's "A For Anything", in Knight's story, society collapses and winds up as feudal estates with the replicators under strict control of the new nobility. (insert DRM/DMCA/RIAA rant of your choosing here)

      One nice consequence in the Star Trek replicator scenario was Piccard's father running a winery in some little french village... Sure, you can duplicate a vintage wine all you want, but someone has to supply *new* vintages to be duplicated..

    46. Re:Raises interesting questions by Anonymous Coward · · Score: 0

      Well, if you owned a nano assembler and a Mr. Fusion to power it and cleaned your own toilet you might never have to participate in the money economy in your life. However, there will still probably be a money economy for services such as medical care and entertainment. Everyone would just have service jobs which would be taxed to pay for public services like public toilet cleaning (and police, etc.) If you didn't have a job you wouldn't be able to buy services, but goods would be free.

    47. Re:Raises interesting questions by Anonymous Coward · · Score: 0

      Perhaps we could go back to using wives as currency.

    48. Re:Raises interesting questions by irokie · · Score: 1

      have you something better to do than spend your day reading slashdot...

      these exact jokes were made earlier in response to the article about molecular factories...

      you could at least have changed the brand of car...

      --
      and if you see me strut, remind me of what left this outlaw torn...
    49. Re:Raises interesting questions by Anonymous Coward · · Score: 0

      Go ahead, buddy, use your phaser (set to "Kill" or whatever setting you want) on that turd; you'll "dispurse the atoms comprising the waste" alright -- only problem is that you'll still have to breathe those atoms.

    50. Re:Raises interesting questions by Anonymous Coward · · Score: 0

      I, for one, welcome our new robotic toilet-cleaning overlords!

    51. Re:Raises interesting questions by Anonymous Coward · · Score: 0

      imagine those little scrubbing bubbles on the side of that can being real....of course they probably wouldn't smile at you while they do their job but you get the jist.

      Every job known even coders can be and will be replaced by robots/nanobots/AI's we have to choose if we want to place laws into affect that prevent corperations from automating one field or another just so we can make enough money to feed our kids...or job the entire economic system all to gether. It will probably be the only point in time that we'll be able to break free from a profit driven materialistic capitalistic society and if we pass it by the success or failure of our species maybe at stake in the long run.

      Of course there is also the issue that Ossama could easily build one nuclear bomb for every city in America...even build them under those cities so no one can touch them....so it's questionable if such technology should ever be trusted in such an infentile world that is still hell bent on destroying entire cultures that don't reflect their own.

    52. Re:Raises interesting questions by cfuse · · Score: 1
      I always wonder, in Star Trek, where there's no need for money because everybody has a replicator, who cleans the toilets in public restrooms?

      Thanks to the transporter, they just 'beam' the scat fetishists to every public toilet.

    53. Re:Raises interesting questions by I,+Trevor · · Score: 1
      imagine those little scrubbing bubbles on the side of that can being real....

      Man, I can still feel the bitter sting of disappointment from that fateful day that I, as a young sprout, shot that crap into a bathtub and those little bastards didn't show up. Damn those misleading commercials!

      T.

    54. Re:Raises interesting questions by Grizzlysmit · · Score: 1
      In the larger sense it makes sense to ask "who does the unpleasant jobs, whatever they may be, there are bound to be some". As many reasons as there are people, I suppose. In the Federation we see many of these things done by star fleet folks.
      In one epsisode of voyger they "transmited" the doctor back to fix his creator, anyway in that epsisode we find out that all the rest of the mark I EMH's have been given the job of cleaning plasma conduits or some such.
      --
      in my life God comes first.... but Linux is pretty high after that :-D
      Francis Smit
  2. nanotech has a big future.... by dummkopf · · Score: 5, Interesting

    i have worked a bit in the field of nano-decorated surfaces. it is impressive that one can make little nano-sizes arrays of magnetic dots on some substrate . this as so small, that one can view them as single particles which switch homogenously. hence you can study the interactions of little magnetic particles in arrays and do experiments which are very close to theoretical models, such as the Ising model. why should you care? because this nano-patterns seem to be interesting for exchange biased systems. and these seem to be interesting for the recording media industry. but why should you care... this is too geeky anyways. this guy (AKA Prof. Kai Liu) at UC Davis does some interesting research with nanostructures... cool pics and some explanations...

  3. interested in nanotechnology? by the_mighty_$ · · Score: 5, Informative

    If you want to know more 'bout this nanotechnology that everyone's talking about: Institute of Nanotechnology and National Nanotechnology Initiative

    --
    VI VI VI - the editor of the beast!
  4. Hmmm... by Steve+'Rim'+Jobs · · Score: 3, Insightful

    Could we be on the road to a post-scarcity society in the future where nobody is without the basic human necessities and most work is done for recreation or hobby purposes only? Could be, yet for some reason I think our nation's current Corporatocracy wouldn't look kindly on such blatant "communism."

    1. Re:Hmmm... by simcop2387 · · Score: 0, Troll

      i dont know if the corporations began charging money for the communism they might not be too opposed to it, they are after a valueless object anyway (money)

    2. Re:Hmmm... by b-baggins · · Score: 1

      I swear, Adam Smith should be required reading before posting on anything economic.

      "Today's wants are tomorrow's needs."

      Memorize it.

      --
      You can tell a great deal about the character of a man by observing those who hate him.
    3. Re:Hmmm... by b-baggins · · Score: 1

      Money is hardly valueless. It is the method whereby we quantize human wants. Check out an ebay auction some time to see the principle at work.

      Sheesh. Even Marx, with his screwed up ideas, understood economics better than some of the posters on this site.

      --
      You can tell a great deal about the character of a man by observing those who hate him.
    4. Re:Hmmm... by Frymaster · · Score: 2, Informative

      i swear, joseph stiglitz should be required reading before posting any thing on adam smith.

    5. Re:Hmmm... by LeoDV · · Score: 2, Insightful

      As long as humans are humans there will always be a top and a bottom, exploiters and exploitees. All human societies are pyramid-shaped, and all efforts to change that end up killing millions.

      All that one can hope for is that some day the said exploitees won't be starving to death as we speak, but somehow I don't think even that is likely.

    6. Re:Hmmm... by HMA2000 · · Score: 0, Flamebait

      In this world you describe what would be the incentive to own stocks?

      Stocks provide access to capital for corporations. Without access to equity capital they would only have debt avenues left. But then again, what incentive would the banks have to loan money? Profit?

      I don't think nanotech is going to be the panacea some people would hope but if it eliminates scarcity then this "corporatocracy" you speak of would have no access to capital and would waste away.

    7. Re:Hmmm... by simcop2387 · · Score: 0, Troll

      what i meant that the us dollar is virtually meaningless, there is nothing backing it physically. i'm sorry if it came across otherwise.

    8. Re:Hmmm... by B'Trey · · Score: 1

      Money has no intrinsic value. It's value is solely what we project it to be - it has the value of the faith we put in it and nothing more. When people lose faith in money (or the instituion backing the money), it quickly loses that value due to run-away inflation. See Germany following the end of the Second World War.

      --

      "The legitimate powers of government extend only to such acts as are injurious to others." Thomas Jefferson.

    9. Re:Hmmm... by HMA2000 · · Score: 1

      Just because there is no physical backing for the dollar (like gold) doesn't mean it is meaningless.

      Ultimately the dollar is backed by the full faith and credit of the US government. Which derives its "faith and credit" from the ability to tax its citizens.

      In other words, the dollar is backed by the brain power of the US citizens, their hardwork and their military.

      This isn't the 19th century and the idea that money must be backed with a physical asset is a bit antiquated.

    10. Re:Hmmm... by simcop2387 · · Score: 1

      well the problem i've got with there not being something immediately tangible is that i've seen the US government screw things up so bad lately, then again they recovered from previous mistakes "fairly decently" YOMD

    11. Re:Hmmm... by Galvatron · · Score: 1

      Actually, I believe that the Western industrialized nations are diamond shaped. Not many at the top, not many at the bottom, most in the aptly named middle class.

      --
      "The question of whether a computer can think is no more interesting than that of whether a submarine can swim" -EWD
    12. Re:Hmmm... by gnalle · · Score: 1

      The steepness of this pyramid is a matter of choice. In many northern Europe we have a high tax rate ( pay around 45%). On the other hand any unemployed person can get get 300$-500$ a month from the state. We did not kill millions to attain this :)

    13. Re:Hmmm... by Anonymous Coward · · Score: 0

      Didn't kill millions? What do you think World War II was?

    14. Re:Hmmm... by Valdrax · · Score: 1

      All human societies are pyramid-shaped, and all efforts to change that end up killing millions.

      Actually, modern western society has been relatively diamond-shaped for that past century or so. The majority of people in the US fall into the middle class instead of the lower class, and the truly impoverished are very rare. This is in sharp contrast to modern third-world nations and our own pre-20th century history, where the vast majority were equally on the bottom of a pyramid of wealth.

      All that one can hope for is that some day the said exploitees won't be starving to death as we speak, but somehow I don't think even that is likely.

      It's rare today in Western society for the exploited to be starving to death. The homeless have effectively dropped off of the map of society and aren't even getting exploited anymore. Even the working poor are generally able to feed themselves, though not as well as the upper and middle classes.

      --
      If it's for-profit but free, you're not the customer -- you're the product (e.g., the Slashdot Beta's "audience").
    15. Re:Hmmm... by LeoDV · · Score: 1

      Yes, but aren't there still homeless people and illegal immigrant workers? Besides, with the globalization of economy it isn't about whether there are Norwegians exploiting Norwegians, but whether Europe, N. America and East Asia are exploiting the world, and the answer to that question is YES.

    16. Re:Hmmm... by Suidae · · Score: 1

      Most of us Americans are pear-shaped I think...

      Seriously though, I think that any modern society with a large middle class will have fewer starving, simply because there is so much crap that the middle class casts of that is still quite useable.

      If the standard of living of the middle class goes up far enough, the very bottom class could end up living almost as well as what the middle class used to. Presuming of course a society like we have today, that always wants new stuff. If our technology starts producing stuff that never breaks or repairs itself very cheaply, and we stop discarding stuff as much it would change the dynamic.

    17. Re:Hmmm... by Suidae · · Score: 1

      The homeless have effectively dropped off of the map of society and aren't even getting exploited anymore

      The homeless now are typically people with severe mental or addiction issues that really aren't exploitable for much. There are occasional single parents down on their luck, but they can generally find help without much trouble.

    18. Re:Hmmm... by cfuse · · Score: 1
      Could we be on the road to a post-scarcity society in the future where nobody is without the basic human necessities and most work is done for recreation or hobby purposes only? Could be, yet for some reason I think our nation's current Corporatocracy wouldn't look kindly on such blatant "communism."

      Scarcity is not a 'real' problem. We've had the ability to feed the world for decades - the problem is political. First world countries live in a glut of everything whilst third world countries starve. That isn't going to change, there are always haves and have nots.

  5. Sorry, we discussed most of this yesterday by ericspinder · · Score: 3, Insightful

    It was a decent article, but if it was included in discussion from yesterday I wouldn't mod it past a +4 Insightful (but someone would), it kinda feels like a long somewhat rambling slashdot post. His conclusion (almost out of the middle of nowhere) was that we need to "improve" education in this country, but no details on what needs to be done. Thrown in is this comment (which would surely get a reply on SlashPolitics): "America is, after all, the only society that does not define its citizens substantially in ethnic terms.". Yea, I wave my flag around a little too much for some, but even I know that is certainly not true, and maybe even a little bit of flame bait (kinda like this comment).

    --
    The grass is only greener, if you don't take care of your own lawn.
    1. Re:Sorry, we discussed most of this yesterday by websensei · · Score: 1

      ["America is, after all, the only society that does not define its citizens substantially in ethnic terms.".]

      Yea, I wave my flag around a little too much for some, but even I know that is certainly not true..


      I disagree. His comment doesn't imply that there is not racism, but rather more specifically that in the US, ethnicity is not tightly coupled with nationality.

      German-Americans, Scots-Irish-Americans, Italian-Americans, African-Americans, Asian-Americans, etc. are all equally American. (These groups and others are not always treated the same socially, but the idea that, say, Americans of Irish descent are more or less "American" than those of Italian descent is simply not tenable.)

      It's true that newer ethnic arrivals to this country (e.g. Russians, Vietnamese, etc) as well as historically oppressed groups (African-Americans, Latinos, etc) face discrimination. But -- unlike in virtually every other country in the world -- defining the ethnic characteristics of an "American" is impossible.
      Even if you picture a WASPish blond/blue Euro-American (which represents 50% of the country, and less than 25% in urban areas) you still can't tie this archtype to a particular ethnicity, with any sort of consistency or validity. (Compare this to, say, Germany, or Japan, or Norway, or Italy, or Nigeria... you get my point.)

      bTW, I do agree with your complaint wrt "education is the answer" -- some of the commentary following his article (in the same pg) addresses this quite well, too.

      --

      La via sola al paradiso incommincia nel inferno
    2. Re:Sorry, we discussed most of this yesterday by rebeka+thomas · · Score: 0, Flamebait

      We discussed it yesterday about a fellow named "Smaller"

      Now today there's another article by Mr DeLong

      the long and the short of it, indeed.

      --
      RST
  6. The future implications of nanotech... by Anonymous Coward · · Score: 4, Funny

    ...are very very tiny.

    1. Re:The future implications of nanotech... by Anonymous Coward · · Score: 0

      I agree! Seriously, we can turn Mercury into Gold simply by knocking out a proton!!!! That's the same crap this fella is preaching about nanotech. I'm with the pyramid guy: we have a pretty darn advanced society today where one guy in America has more money that 150 million others all combined and we still have people dieing of starvation! The economist seems to think people somehow prefer 60 hour work worrks plus 10 hour commutes to hunting and fishing for a few hours. Even the great apes only spend 20% of their time searching for food! His assertion that economic changes have brought about a better life is certainly true for the wealthy but certainly as untrue for those upon which the pyramid is built. Clearly this fella is not well-traveled (or maybe he only stayed in the nice hotels and never actually saw how the real people live).
      So, if we take a more realistic viewpoint I think the insight that more litigation will prevent production of goods is the best one. Just as the county Nazis in modern cities use zoning to control whether a fence or a driveway may be put on one's land, the future will be constant monitoring of what an individual tries to do. Hell, first law will probably be that solid-modeling machines must start to report to the gestapo what is being made, how else can we be sure someone is not creating a plastic gun?

  7. Licencing by Space+cowboy · · Score: 3, Insightful

    will have to become far more important if people are to hold onto any profit margin, surely. If I can "read out" the program to create "the crown jewels", or download it from the net, and replicate it down to the atomic level - what's the difference...

    I guess the only fundamental problem is: what manufacturer of nano-bots is ever going to let the bots re-create themselves ? If they do, they'll spread like wildfire, and all manufacturing everywhere will become more like programming...

    Simon.

    --
    Physicists get Hadrons!
    1. Re:Licencing by Mysticalfruit · · Score: 1

      Read "The Diamond Age", Neal Stephenson addresses lots of these issues.

      Personally, I think the government would step in and use imminate domain and just take over any company that would create a nano assembler.

      Just for the sake that this technology would, if allowed to spread uncontrolled would deconstruct everything.

      Also, think of the military implications of this technology.

      You'd be able to design and churn out materials that you could only dream of. So you want a tank that's got carbon nanotube diamond honeycomb impregnated armor? No problem, whip the baby up in cad and presto.

      So you want that army of droids... no problem.

      What if you've now got a replicator in your house? Unless the government is going to tax you on the raw materials that you use to create stuff, how are they going to collect any income tax?

      There's pretty much no need for malls at this point. What can you not create in a matter compiler?

      What if you want a car. If you've got the money to pay for the raw materials, you'd just go down to the post office and use their really large matter compiler, pay the money for the raw materials (or bring your own), put in the plans for your car and presto out it comes.

      Mail is another good example of a technology that would be eliminated by a matter compiler.

      --
      Yes Francis, the world has gone crazy.
    2. Re:Licencing by SiaFhir · · Score: 1

      I have read The Diamond Age. Very good book, but also disturbing in some ways. Nanobots can be replicated as easily as a car, and can be programmed to spy on you, or infect you, among its many uses. Computer viruses and biological viruses will merge, creating a pandemic every day (great for the terrorists), and Big Brother will be everywhere. There's a drawback to every new invention. Nano technology is no exception.

  8. This is the wave of the future by BadCable · · Score: 2, Interesting

    I think that the idea of artificially enhancing ourselves with technology is the right approach, but the BORG technique of implanting high-tech computerized devices seems the wrong approach. Basically, this would open up our very bodies to hackers. By now we should all be aware how very difficult a problem computer security is. Personally I feel that computers and networks can never be made secure, and thus we should stop trying. Just imagine the inevitable result when some black-hat cracker breaks through the encryption protecting your enhanced liver, and proceeds to turn it into 'reverse', whereby it spews toxins into your bloodstream? Compound this with the fact that probably our bodies will be running Microsoft operating systems, and you see why this is the wrong approach.

    The correct way to enhance ourselves is the technique outlined by Science Fiction Author Larry Niven. In variou Niven novels and short stories, the characters can live for hundreds of years by means of organ banks. If you lose an arm, use nanotechnology to put on a new arm. Of course, this will require two developments: improved nanotechnology, and the development of organ banks for all body parts. Probably this will lead to the death penalty becoming the standard punishmnent for every minor crime, so as to keep the organ banks full of fresh organs, allowing rich people to live forever at the expense of everybody else.

    I hope this happens within my lifetime, as it is a Utopian scenario indeed.

    1. Re:This is the wave of the future by Conspiracy_Of_Doves · · Score: 1

      Probably this will lead to the death penalty becoming the standard punishmnent for every minor crime, so as to keep the organ banks full of fresh organs, allowing rich people to live forever at the expense of everybody else.

      At that point, it would probably become cheaper and more practical to simply clone the organs that are needed. Preferably from the DNA of the person who needs the organ, so to reduce the chances of rejection.

    2. Re:This is the wave of the future by rokzy · · Score: 1

      why do you stupidly assume having technology that helps our bodies == being able to get hacked?

      why would an artificial liver support a "reverse mode"? why would it even accept outside instructions in the first place?

      are you scared that when you can access the internet from an in-car computer, this will automatically allow some hacker to access your car from the internet? Contrary to the many "In Soviet Russia..." jokes, influences often only happen one-way.

    3. Re:This is the wave of the future by timjdot · · Score: 1

      Organisms are programmed with DNA or RNA. Their operation may be greatly affected with chemicals. Computers are programmed with magnetic bits and their operations are controlled with electromagnitic signals.

      Only if nano-tech bridges these two could one reverse a liver. So, what if someone hacks the liver storage facility and inserts a virus (DNA). So, the complexities grow exponentially.

      Maybe this is a Newton's Second Law of innovation: "For every innovation, their is an opposing but equal risk."

      --
      Expect Freedom.
    4. Re:This is the wave of the future by rokzy · · Score: 1

      I'm not sure if this is supposed to be a reply to my post or the original, but...

      "So, what if someone hacks the liver storage facility and inserts a virus" ... what the f*** has this got to do with nanotechnology? it's just complete fantasy garbage. what if somebody hacks the car manufacturer so that those big mechanical arms kill all the workers and start making robot tanks that go off on a murderous rampage?!?!?!?

      sure new technology often creates risks or problems, but these ridiculous "what if" situations are meaningless.

    5. Re:This is the wave of the future by timjdot · · Score: 1

      You're the one who brought up a liver with a reverse mode :-) Or maybe it was a typo.

      You totally should work in Hollywood. I can see the next Matrix-like movie having those autoworker arms a'flailing. The scenes created from this fantasy garbage would be full-on hella-cool. Like Mr. Anderson could get unplugged but then nano-bots are rebuilding the real world much like in the copmuter-generated world. Let's call the producers with this.

      "Nanotech, one step closer to Utopia!" funny, eh?

      --
      Expect Freedom.
    6. Re:This is the wave of the future by rokzy · · Score: 1

      >You're the one who brought up a liver with a reverse mode

      no, that was the original poster, BadCable;

      "Just imagine the inevitable result when some black-hat cracker breaks through the encryption protecting your enhanced liver, and proceeds to turn it into 'reverse', whereby it spews toxins into your bloodstream?"

    7. Re:This is the wave of the future by Anonymous Coward · · Score: 0

      I'm afraid the niven method won't help you at all. Mainly because technically seen your body is also a hackable machine and is getting hacked by viruses and bacteria all the time to.
      It's just a matter of time before we get very good in hacking biological systems, so be it biological or nano technology, in the end it will make no difference to the ability of someone subverting your body.

      Quickshot

  9. Additional reading . . . by Anonymous Coward · · Score: 0

    Check the Nanotechnoligy Engineering Research Organization for some interesting follow-up info.

  10. Interesting . . . by shystershep · · Score: 2, Interesting
    He provides an interesting framework for analyzing the issue, but I don't know that I agree with his conclusions that nanotech will increase the demand for highly-educated labor, thereby increasing income inequality. I think any shifts in income equality will come from a straight loss of manufacturing jobs rather than an increase in the need for educated workers. If nanotechnology is to be economically feasible, it will have to rely on automation to the same or a higher degree than current manufacturing techniques. Other than R&D, there won't be any need for more education, because extra schooling is probably more of a liability than an asset when it comes to running a machine on an assembly line.

    This is also analogous to the technological revolution, because a much higher number of workers were left unemployed by the increase in productivity than moved to the cities and became factory workers -- witness the enormous social turmoil at the turn of the century. The relatively higher American education levels probably had a much greater impact in the service sector than manufacturing 50-100 years ago. Although level of education has picked up somewhat in the last decade or so (concurrent with America's resurgent dominance in non-military technology), compared to other industrialized countries American education below the college level simply sucks.

    --
    The bigotry of the nonbeliever is for me nearly as funny as the bigotry of the believer. - Albert Einstein
  11. Education Straw man by memmel2 · · Score: 2, Insightful

    Since education solves so many problem's concentration on education is not a good argument. Next since he mentions specialized skills there is also a huge retraining problem even for "educated" workers as the technology shifts. Finally I think most people looking at nano-tech miss the most important factor. With it "intelligent" computers are possible. The impact of intelligent machines must be included in any analysis and probably represent and even bigger "shift" than nanotech itself. On that note there is no reason for the training of the human brain to remain stuck in methods developed thousands of years ago. Agian with nanotech and smart computers there is no reason we could not "upload" new skills as needed. Forget about nanotech think about the impact smart machines and programmable humans. Nanotech is just enabling technology.

  12. Very, very interesting. by websensei · · Score: 1

    I found the commentary following Delong's essay to be as worthwhile as the original text. Stephenson's The Diamond Age plays out some of these ideas in more detail, for those interested in possible ramifications of nanotech.
    That fraction of the /. readership who haven't already may enjoy that as well. (I did.)

    --

    La via sola al paradiso incommincia nel inferno
  13. Nanotech is XXIst century AI by Noryungi · · Score: 4, Insightful

    Just think about this for a second: Alan Turing created his famous test in... what? The 1930s? The 1950s? How many computers have you seen that could pass the test? Simple answer: none.

    How many computers have you seen that actually could perform what HAL performed in "2001: A Space Odyssey"? Simple answer: none.

    Scientists have been talking about NanoTech for what? Twenty+ years? Have you already seen an application of NanoTech in real life? Where are the real-life NanoTech billionaires? Where is the Bill Gates of nanotech?

    I believe that nanotech, just like AI and superconductivity, is a pipe dream. This is simply because solving the technical/scientific problems are simply too large for our current technology.

    Don't misunderstand me: nanotech can be useful. Dumb computers are useful right now. Things like micro-mechanical machines may be useful. Limited, one-task-only, expert system can be useful. But real intelligence? Real nanotech? I don't think so.

    --
    The right to offend is far more important than the right not to be offended. (Rowan Atkinson)
    1. Re:Nanotech is XXIst century AI by rokzy · · Score: 1

      I did a little report on nanotechnology for uni. one application I can remember is using carbon nanotubes as probes for scanning tunneling microscopes instead of conventional tungsten tips - greatly increases resolution.

      just because YOU don't know about or understand it doesn't mean it doesn't exist. I expect you won't consider this "real" nanotech for some contrived reason; "real life" == "your life" ?

      don't attack things just because you're ignorant of them.

    2. Re:Nanotech is XXIst century AI by Councilor+Hart · · Score: 1

      I believe that nanotech, just like AI and superconductivity, is a pipe dream.

      Superconductivity will be used in ITER. The next big thing for plasma physics.

    3. Re:Nanotech is XXIst century AI by gnalle · · Score: 1

      Most slashdot posters a slightly clueless when it comes to nano tech. Try searching the web for Scanning tunneling microscope . This will give you an idea what a real nano tech product looks like.

    4. Re:Nanotech is XXIst century AI by Jerf · · Score: 2, Insightful

      I believe that nanotech, just like AI and superconductivity, is a pipe dream.

      Superconductivity is a pipe dream?!? Have you been living under a rock for 92 years? It was accomplished in 1911 for Pete's sake!

      (Yes, I'm sure you're referring to the way it isn't in "common usage", but the reasons for that are largely economic, not technological. The benefits of superconductivity simply aren't large enough to matter. It's certainly possible, though!)

      Have you already seen an application of NanoTech in real life?

      Yes. Your ignorance of them does not negate them.

      We're only at the beginning of the flood here. You're the guy in August 1981 declaring that desktop PCs are impossible because who has ever seen a useful desktop PC? You're not exhibiting special insight, you're ignoring what's going on right now, right in front of you, at the infant stage.

      Full-scale Drexler assemblers may or may not happen (though IMHO the real question is "how large will they be?", not "are they even theoretically possible?"), but nanotechnology marches onward, even though it can't jump to the ultimate conclusion of the technology instantaneously.

    5. Re:Nanotech is XXIst century AI by loadquo · · Score: 1

      Nanotech has about two (or more) different meanings. 1) Tiny assemblies of atoms that perform a function 2) Tiny mechanical assemblies with motors, power supplies etc Possibly self replicating. My guess is that the root of the thread is talking about the second type of Nanotech.

    6. Re:Nanotech is XXIst century AI by Noryungi · · Score: 1

      one application I can remember is using carbon nanotubes as probes for scanning tunneling microscopes instead of conventional tungsten tips - greatly increases resolution.

      OK. But this is not "Nanotech" as it is presented in the article (meaning: nano-factories churning out useful products and transforming the world). This is a very limited application of nanotech.

      Read the other response I have posted in this thread, please, it goes deeper into my main question.

      just because YOU don't know about or understand it doesn't mean it doesn't exist.

      Well, I have read about nanotech, and I think I understand it a little bit. I have even submitted a story to Slashdot about nanotech

      don't attack things just because you're ignorant of them.

      Don't make assumptions about someone you don't know... ;-)

      --
      The right to offend is far more important than the right not to be offended. (Rowan Atkinson)
    7. Re:Nanotech is XXIst century AI by Noryungi · · Score: 1

      Full-scale Drexler assemblers may or may not happen (though IMHO the real question is "how large will they be?", not "are they even theoretically possible?"), but nanotechnology marches onward, even though it can't jump to the ultimate conclusion of the technology instantaneously.

      Thank you, this was exactly the point I am trying to make: people are talking about nanotech as though it's going to happen tomorrow and change the world. My point is: it's not going to happen any time soon.

      People who are yakking about a technology that is totally unproven, untested and (for the most part) un-created are simply dreaming.

      (Yes, I'm sure you're referring to the way it isn't in "common usage", but the reasons for that are largely economic, not technological. The benefits of superconductivity simply aren't large enough to matter. It's certainly possible, though!)

      And what makes you think that nanotech will ever get past the stage where it starts to be interesting economically? Maybe producing nano-machines and nano-factories will always be too costly to be really interesting, except in some very limited cases. Just like the supra-conductivity ring at ITER (or the expert system I talked about in another post), nanotech may be confined to some specialized, expensive, niche for many years.

      Yes. Your ignorance of them does not negate them. We're only at the beginning of the flood here.

      Please supply examples. Real-life examples.

      --
      The right to offend is far more important than the right not to be offended. (Rowan Atkinson)
    8. Re:Nanotech is XXIst century AI by rokzy · · Score: 1

      when I said you didn't understand nanotechnology, I didn't mean "you haven't read a BBC article about it", I meant you don't UNDERSTAND nanotechnology.

      >This is a very limited application of nanotech.

      yeah, cos it's just one example, one example will always be "limited". however the potential applications of carbon nanotubes, and other nanotechnology, ARE significant. there's plenty of hype and BS from "commentators", but theres also a lot of good science behind it. (HINT: if you really want to know about it I suggest reading actual scientific journals)

      your other reply seems to be pure BS, e.g.

      "But I think that Nanotechnology, and especially the kind of applications that are pushed forward -- such as machines that will cure you of cancer or create a new car each morning out of thin air -- are a pure fantasy."

      who the f*** ever suggested this kind of application!!?? I personally guarantee you any amount of money that no one will ever make a car out of thin air, not because of nanotechnology being fantasy, but because it would be contrary to the laws of physics. and no matter how good I think nanotechnology can be, I don't think it'll ever allow us to bypass the laws of physics.

    9. Re:Nanotech is XXIst century AI by TGK · · Score: 1

      I'm going to say what everyone else has been too nice to say. I'm going to get modded into smoking oblivion for it but I don't care.

      You're a git.

      Let me move on from that.

      Nanotechnology is patently not limited to full scale Drexler assemblers capable of sophisticated assembly in short periods of time.

      To assume this would be analogous to telling Robert Oppenheimer that he wasn't doing any work with nuclear energy in 1944 because he hadn't yet managed to create a 150% efficient cold fusion power plant that would fit in a small automobile.

      The first steps into this technology are going to be crude and a good long ways from the Holy Grail of the feild.

      It's also been mentioned that if nanotech weren't a pipe dream we'd see its rapid decimation into the market place by now. This assumes that the rate of adaptation paralells that of other, TOTALY UNRELATED technologies.

      The acceleration of a technology is dependent almost entirely on market pressures. If there's no money to be made there's not going to be a lot of research in the feild. Fusion is the perfect example here. The research budget for Fusion research in this country could be covered out of pocket by some of our wealthier citizens. Consequently there's not a lot of progress being made (well, a lot less than there could be). I garuntee you if Exxon-Mobile corporation decided tomorow that it needed an energy source to replace petrolium and it needed it yesterday fusion research would take off in a hurry. We'd see the first commercial Tokamak reactors inside of a decade.

      Many of the technologies we've been promised haven't panned out the way we expected them too. They aren't pipe dreams, they weren't ready for the market yet. More to the point, the market wasn't ready for them yet. Nanotech will get adopted at it's own pace. You probably won't notice it until you've gotten used to it.

      --
      Killfile(TGK)
      No trees were killed in the creation of this post. However, many electrons were inconvenienced.
    10. Re:Nanotech is XXIst century AI by kabocox · · Score: 1

      Hey, we always dream more than we can build. As far as most people are concerned AI doesn't exist outside of movies. Slashdotters know that AI research and algorithms are used heavily right now. We all an AI to the level of an CEO's personal staff. We have a long wait.

      The "real" nanotech that is advertised is just a few steps below magic. We already have industries using "nano" tech, but we don't have near the control or volume we really want. We want to control every atom, we aren't there yet. I'll be happy for just the incremental advances made on the way there.

    11. Re:Nanotech is XXIst century AI by Artifakt · · Score: 3, Interesting

      The potential benefits of superconductivity are very large. Take New York city, for example. Some months half the electricity they buy is used pushing the other half across hundreds or even thousands of miles of high-tension lines. What would be the financial benefit of saving 50% on your electric bill for the entire city of New York?
      Superconductivity is a pipe dream, in that even that absolutely enormous potential savings, multiplied by all the similar situations elsewhere in the world, isn't motivating anyone to build a working superconducting transmission system and save that enormous amount of wasted power. If it's feasable, why hasn't a demand that large produced a result? The theoretical benefits of superconductivity certainly ARE large enough to matter - ergo, the limitation must be practice, not theory.
      As a lesser example, Superconducting Magnetic Levitation was supposed to enable a generation of high speed trains that could compete with the aircraft industry. The Japanese just set a train speed record of 585 Km/h. They did it with a non-supercoducting system. Why did they do it the "hard way", if superconducting technology is more than a laboratory curiosity?

      --
      Who is John Cabal?
    12. Re:Nanotech is XXIst century AI by wheatking · · Score: 1

      wasn't there an earlier slashdot story about nano-materials are being used to coat submarines to make them more slithery (or maybe it was on bbc.co.uk, i am too lazy to check) -- not hard to see applications like better wet/dry suits based on similar nanotechnology coming in soon... also , most high-$$ cars already have nano-engineered catalytic converter films that help reduce pollution... and so it goes -bokonon

    13. Re:Nanotech is XXIst century AI by akuzi · · Score: 1

      > Don't misunderstand me: nanotech can be useful.
      > Dumb computers are useful right now. Things like micro-mechanical machines may be useful. Limited, one-task-only, expert system can be useful. But real intelligence? Real nanotech? I don't think so.

      I agree. A lot of potential nano-applications (fabrication, repair etc) require autonomous, intelligent nanobots which are able to navigate and propel themselves around at a nano-scale.

      Considering robotics and AI are nowhere near the state of being able to do this at a human scale, you'd have to think that these applications must be far, far off.

    14. Re:Nanotech is XXIst century AI by Suidae · · Score: 1

      You know those stain resistant pants they are always advertising on TV? That is a nanotechnology material. No, they don't self assemble, they don't really do anything but repel liquids really, really well. But it wasn't possible without nanotechology and its on the market now. And more stuff will be appearing all the time.

  14. Most interesting comment from the article. by GoofyBoy · · Score: 4, Insightful

    Hey, its from the article so its ontopic!

    " One of the chief things that has made America great, after all, is that we are the only country in which enthnicity is not closely linked to nationhood. "

    Only? What about Canada? What about Brazil? And I'm sure that others can provide better counter-examples.

    --
    The surprise isn't how often we make bad choices; the surprise is how seldom they defeat us.
    1. Re:Most interesting comment from the article. by Grizzlysmit · · Score: 1
      Hey, its from the article so its ontopic!

      " One of the chief things that has made America great, after all, is that we are the only country in which enthnicity is not closely linked to nationhood. "

      Only? What about Canada? What about Brazil? And I'm sure that others can provide better counter-examples.

      Yeah Australia comes to mind, probably because I live here :-D, any one would think this guy was a politician, their normally the purveyors of this type of pseudo-patriotic lie.

      I often wonder is their patriotism real that suspect, that they need to whore it about so much. Then I realise, of course anyone that in love with themselves has no room left for genuine love of country, or anything else. :-D

      --
      in my life God comes first.... but Linux is pretty high after that :-D
      Francis Smit
  15. Flame Away by MyHair · · Score: 2, Insightful

    I for one welcome our new nanobot overlords!

    This reminds me of _Dilbert Future_ where, among other points, Adams says that those Star Trek skin healing devices will never exist because we'd all be sealing each others anuses as practical jokes. Another point he makes: would you trust your coworkers to operate the transporter controls?

  16. Nano-insight by TopShelf · · Score: 4, Insightful

    Once you read the article, you see there's surprisingly little insight at all, really. The only conjecture on the nanotechnology-driven economy is that there will likely be a scarcity of workers with the necessary skillset, enabling them to earn major $$$ unless the pool of talent increases through either domestic or international education and training.

    I would also argue that much of his point regarding the displacement of current workers is well underway. Miniature, communicative sensors already enable industrial equipment to constantly optimize its own performance, reducing the need for manual maintenance and repair work. Warehouse technology is already available to minimize the number of workers needed to move product, especially with the coming of RFID.

    In short, I think the more interesting area for discussion lies in which types of products are likely to be displaced by oncoming nanotech, and which are likely to become more in demand (such as the rise in the price of titanium, driven by a wave of Tiger Woods-inspired golf newbies). Hopefully we'll see some followup on those points...

    --
    Stop by my site where I write about ERP systems & more
    1. Re:Nano-insight by Uma+Thurman · · Score: 1

      In the future, you will receive a monthly check from the garbage company. Instead of separating the recyclables they will go into the same bin as the other garbage. If you can't use something, and can't sell it, the value of the raw materials can be recovered easily, based on weight. Garbage companies will buy everyone's garbage, use nanotech to separate out each element, and sell the raw materials to the highest bidder.

      --
      This is America, damnit. Speak Spanish!
  17. It can be good by armando_wall3 · · Score: 0

    Nanotechnology can be really good, but I still find it kinda scary.

  18. Nope by Greyfox · · Score: 2, Insightful
    We'll just have to find artificial means of preserving scarcity. To see this in action now, take a look at how the RIAA and MPAA keep their pricess artifically inflated despite the fact that making a copy is essentially free (At the volumes they use, pressing a single CD or DVD is almost free, too. In the future, that top-of the line computer you want will be so tightly wrapped in IP law that it'll cost more than it would today even though they just have to run an assembler program to assemble it out of grey goo. Welcome to the future.

    God I'm cynical...

    --

    I'm trying to teach myself to set people on fire with my mind... Is it hot in here?

  19. Economic forecasts by rm007 · · Score: 1

    The fact that America, like every other developed economy, is going to have to rely more and more on a highly educated workforce is not a particularly novel forecast, but is a good topic for hand wringing. On the other hand, the implications of better and cheaper materials for manufacturing might produce a more optimistic view as it rolls through the manufacuting sector, lowering costs, creating jobs etc. Indeed, to the extent that manufacturing using these materials requires skills beyond those found in the third world, it might lead to new manufacturing jobs (or, of course, it might not, this is all complete speculation after all)

    Oh, and on that note I'm surprised that no one has yet commented on the boldness of this economic forecast going as far out as this when the record of economists getting it right one or two quarters down the road is mixed (for example the IT recovery that has been a rolling two quarters away since 2000).

    --


    I've finally got around to changing my sig
  20. IT industry != nanotech industry by gnalle · · Score: 1, Insightful
    From article:

    If information technology caused a sharp upward leap in the skill- and education requirements of the labor force that has caused a large chunk of our upward leap in income inequality, is not nanotechnology likely to do the same? And is not the pace of economic growth--the spread and use of nanotechnology-generated materials--likely to be constrained by a shortage of the highly educated and skilled materials technicians and programmers that we will need?

    I believe that the answer is no

    Most people in the IT industry have the job of creating custom solutions for specific customers. The tasks range from the very difficult to the very simple, and therefore the IT industry can employ a work force with a very diverse skill level.

    In this respect the so called nano tech industry is very different. The development of a high tech product is very expensive, snd therefore each company has to focus on a small set of products. On the other hand they can sell each product to a wide range of customers. This calls for a small but specialized work force.In conclusion nano tech will not employ the same number of workers with lesser skill.

  21. Re:MOD PARENT DOWN: "anti-slash" Troll by dummkopf · · Score: 3, Insightful

    cowards.

    to all editors: feel free to label this response as troll. i just get annoyed by posts which

    a) have absolutely no content and are completely unfunded and

    b) morons who do not know jack shit about someting.

    finally, i would have expected more cojones than an anonymous post. slashdot: do us all a favor and delete comments from the anti-slashdot morons. freedom of speech? where? in the internet? ha!

  22. Why Yes, Yes I Have by Greyfox · · Score: 1
    You've seen those pants that liquids just roll right off, right? Nanofibres make that possible. So we're not making assemblers yet, but we're already finding commercial uses for really small things. And since there are commercial applications driving it, we're going to get better at making really small things much more quickly than if it were stuffy government research somewhere.

    I woudln't expect to see assemblers within my lifetime, but if you'd asked me 15 years if I expected to see a computer that could fit completely in my lap with a gigabyte of RAM within my lifetime I'd have laughed at you.

    --

    I'm trying to teach myself to set people on fire with my mind... Is it hot in here?

    1. Re:Why Yes, Yes I Have by Noryungi · · Score: 2, Insightful

      You've seen those pants that liquids just roll right off, right? Nanofibres make that possible. So we're not making assemblers yet, but we're already finding commercial uses for really small things.

      That's exactly my point: you are comparing apples and oranges here. Nanofibres are not Nano-Assemblers.

      I have said, in my previous message, that there may be applications for some parts or nanotech... Just like there are applications, right now, for limited AI and limited supraconductivity.

      But I think that Nanotechnology, and especially the kind of applications that are pushed forward -- such as machines that will cure you of cancer or create a new car each morning out of thin air -- are a pure fantasy.

      IMHO, they will not exist for the next hundred years.

      if you'd asked me 15 years if I expected to see a computer that could fit completely in my lap with a gigabyte of RAM within my lifetime I'd have laughed at you.

      Bingo! You are simply proving my point: this is the difference between Moore's Law and vaporware.

      Let us say computers were invented in the 1950s (I know, I know, this is open to debate). When the first models came out, the CEO of IBM at the time famously said that the potential market for computers was "a dozen machines" worldwide.

      Twenty years later -- the 1970s: the mini-computer came out and everyone agreed that computers were a good thing . The potential market for computers was in the millions of units.

      Twenty years later -- the 1990s: the micro-computer has come of age and there are dozens and dozens of millions of computers worldwide. Almost a computer on every desk in major countries.

      Moore's Law is now firmly entrenched in our consciousness, and computers have created unprecedented wealth and opportunities all over the world. Add the Internet to this mix, and you have a very potent technology, indeed.

      If Nano-Technology (or AI, or supraconductivity, or cold fusion, or ...) had followed the same path/growth, we should now see the very first large-scale applications of Nanotech. Where are these applications? Nowehere to be seen.

      Don't misunderstand me: Nanotech may be a true force in the future. But I think it will be like electricity, which took close to an entire century to take off. Volta, after all, invented the battery in the 1800s... By this type of time-line, we may see the first interesting applications of Nanotech around... Well... 2080.

      --
      The right to offend is far more important than the right not to be offended. (Rowan Atkinson)
    2. Re:Why Yes, Yes I Have by Anonymous Coward · · Score: 0

      No, but there are applications of nanotech, the word you used in your original post, today. Nanotech does not automatically mean nanoassemblers.

      Maybe your whole point doesn't make sense. Moore's law applies to the number of transistors on a chip. Why should it apply to every fantastic technology? Cars today aren't a million times more efficient and cheap then they were log_2(1000000) years ago.

    3. Re:Why Yes, Yes I Have by FreekyGeek · · Score: 1

      Well, a large number of very intelligent scientists with doctorates in chmeistry, physics, and so on are saying that such things *may* be possible at some point ealier than the 100 years you are predicting. So, my question to you is: why should I believe you over them? Can you please give your qualifications for making pronouncements like "pure fantasy"?

      Sorry, but I give more weight to the opinions of Real Scientists over random Slashdot readers any day (unless the two happen to be the same). It's certainly obvious that we aren't going to have Star-Trek-like replicators in our kitchens anytime soon, but as other people pointed out, we already are using nanomaterials in everyday objects, and as we get better the technology will improve.

      As for your examples of other technologies, they are simply a fallcy: post hoc ergo propter hoc. Just because something happened a certain way before does not mean it must happen that way in the future. The comparisons are not valid.

      Household replicators next year? No. Astounding and amazing uses of nanotechnlogy and nanoassembly in less than your "100 years"? It's a near-certainty.

    4. Re:Why Yes, Yes I Have by SB9876 · · Score: 2

      Nanofibers in fabric IS nanotech. Drawing a distinction between assemblers and small fibers which were designed with knowledge of how materials interact on the nano level and then manufactured and integrated into a material is hair spliting. Who cares how the atoms get into their final position? It's quite likely that a truly general, practical assembler is impossible. At best, we'll have many different assemblers custom tailored to specific applications - basically like ribosomes but for different types of chemistry.
      Assembler nano will never completely replace normal maufacturing techniques. If you want to make a big hunk of metal are you going to forge it for a few bucks or try and assemble it? Don't forget that nanoassembly can't circumvent thermodynamics and so the thermal and energy cost of moving all those atoms around and maintaining low entropy the whole time is horrendous. (the way nature gets around this problem is to use an engineering model that is inherently very sloppy and tolerant to that slop which greatly reduces the energy requirements - however, don't expect to be able to ape nature's model and be able to photocopy objects or build a digital computer.) Also, the speed of the assembly is very slow - look at how long it takes a tree to grow a pound of wood. This works in certain business models but if you want a hunk of metal now, an expensive, energy hungry, finicky process that takes 3 months is NOT going to completely supplant the 'ol heat 'n beat technology we have now.

      Furthermore - my real point here - we have quite a bit of control over the nano-architecture of matter already:

      Many chemists argue that organic chemistry IS top-down nanotech and I think that there's not too much dispute about the benefits of that... Biotech is also mature nanotech - modern bioengineering involves the angstrom resolution modification of specific structures and is now starting to design de novo structures for novel applications. These molecular structures are designed from a nanoscale information template and assembled on bonafide molecular assemblers. Hell, photographic media is nanotech - silver halide nanoparticles.
      Insights from nanoscale are essential to materials science where I work. Back as far as the 50's, we've been studying steel (the most significant material of the last 100 years, not silicon) and how it's atomic structure is modified by processing. If you're not familiar with the level of knowledge we have of steels, you'd be amazed. US Steel back in the 60's owned most of the world's electron microscopes in research labs that rivaled ATT and IBM. By altering carbon and other impuruties and going through carefully controlled heating and cooling cycles, we have an amazing control over the final nanostructure of steel.
      Modern metallurgy is even using nanoscale powders to achieve unheard of combinations of hardness and flexibility.

      Plastics are another example of nanotech - modern polymer work involves fine control of the branching, structure, phase seperation and fluid interactions of polymer chains. Car bumpers are made of plastics because of the invention of block copolymer thermoplastics which use structure polymer chains to combine hardness with ductility. Hell, even in the last few years, plastics have changed. Any molecular biologist will tell you, the polypropylene they use in newer pipet tips and tubes is dramatically different in that the adhesion of fluids to them is now nearly zero (important when you're working with microliter volumes) because of control of the polymer structure at the plastic surface.

      By adding a tiny fraction of a percent of size-tuned gold nanoparticles to optically active plastics for photovoltaics, you can extend the lifetime by a factor of 100 by tuning the gold surface plasmon through nanoscale mechanisms and 'short out' the energy states that lead to photoinduced chemical breakdown.

      Is this nanotech with little robot arms? No. But it's still nanotech. My point is that, ye

  23. My point... by ericspinder · · Score: 1
    My feeling is that there are other countries where, "ethnicity is not tightly coupled with nationality" not that it isn't so in this country (America). America might be the best example or the first, but even that statement is so debatable I wouldn't even defend it.

    I think that Slashdot should have a +1 Politics, and a -1 Flame-politics moderation choices. That way those that are truely interested in political discussions of every technological idea can moderate them as such, and those that don't can set their preferences accordingly. It might be interesting to see really where the "group think" really is, at least for those interested in politics. As far as just keeping politics off of Slashdot, you whould have an easier time getting rid of the Trolls.

    --
    The grass is only greener, if you don't take care of your own lawn.
    1. Re:My point... by websensei · · Score: 1

      (1) sure, agreed

      (2) interesting idea. however, "politics" is hard to differentiate from "philosophy" or "worldview" which is intrinsic to nearly every /. discussion. also, a new category for "politics" would imply a level of specificity that would logically lead to many other such categories as well.... interesting anyway.

      also note, technology embodies politics. e.g. nuclear power will *always* lead to centralized authority, whereas solar power is by its nature decentralized. there are myriad similar examples.
      so when we discuss technology, political issues are inherent and inevitable. /$0.02

      --

      La via sola al paradiso incommincia nel inferno
    2. Re:My point... by Artifakt · · Score: 1

      Britain - A nation where a small, but vocal and politicized percentage thinks the British are English, while the rest are well aware of their manifold roots, from the ancient Celtic cultures to modern Pakistanis.

      Western Europe - A nation where the majority of people still think of themselves primarily as members of one of its components, but the minority that don't is growing rapidly.

      Earth - As a whole, a people that are only about 50 to 100 years behind the above sections in getting the wake up call. Some sections may be ahead of the western states mentioned above.

      Alabama, Iran, and North Korea (or sections of these) - See "Earth" above, and add a generation.

      --
      Who is John Cabal?
  24. Fundamental issues why nanotech won't work. by ISayWeOnlyToBePolite · · Score: 3, Insightful

    I previously asked this question (as anonymus coward); How are you supposed to power these things? And got some very good answers. You can't have them lugging around with batteries (they wouldn't be very nano, wouldn't last long and you'll just have to pray that they can find their way back to the loading station to recharge successfully). Submerging them in fuel already has it's own term, "grey goo", at that scale imperfectons will cause "mutations" that just might go amok; How would you monitor that? Nanotech only seem to be usable when either connected to a larger machine and thus not really nanotech only machinery with some very small pieces, or small scale controled, one off experiments not industrialised mass production.
    (You'll just have to search for the original thread by yourself, great karma whoring op, and yeah, big thanks to all those who provided great answers, i really wondered about that one)

    -Don't trust smart paint!

    1. Re:Fundamental issues why nanotech won't work. by ISayWeOnlyToBePolite · · Score: 1

      Replying to myself as no one else is
      http://books.slashdot.org/comments.pl?sid=6430 0&ci d=5973316
      this is the thread mentioned

    2. Re:Fundamental issues why nanotech won't work. by bradbury · · Score: 1

      Whoever moderated this up to "Insightful" doesn't know what they are talking about.

      Nanomachinery certainly could be powered by batteries as the energy storage capacity of batteries will be greater using nanotechnology. However, chemical energy storage may be denser still. For example in Nanomedicine Volume I (its online) has nanorobots being powered by glucose (just as the nanomachinery in cells now is). Alternatively one could have nanoscale fuel cells being powered by methanol, ethanol, methane, etc. Finally as Freitas points out in Nanomedicine Volume I one could have them powered by nuclear reactions, specifically he selected Gandolinium-148 as a good choice.

      "Grey goo" has nothing to do with submerging nanotechnology in its own fuel. It has to do with self-replicating nanosystems that contain their own source code (as much of the "green goo" spread all over the planet does today). Nanotechnologists have proposed solving this problem by what is known as the "broadcast architecture" (i.e. whatever is replicating never has its own source code). So the "mutation" problem never arises or can be dealt with with a sufficient amount of error-correction-code just as certain biological machines and computers deal with errors now. With respect to "how would you monitor that?" the answer is simple -- heat sensors -- nanotech that replicates fast runs hot and can easily be detected. Nanotech that replicates slowly can run cool but one can obviously use sensors like those we currently have to detect chemical or biological weapons to detect its spread.

      With respect to "large scale" nanotech that is a problem of parallism and systems engineering. Both of these are discussed in Nanosystems. For example there is a study done by Josh Hall on a nanotechnology enabled air car design that has thousands (or more) of micro-scale, nanotechnology based engines to power it.

      Robert

  25. What about Canada? by xutopia · · Score: 0, Offtopic

    "America is, after all, the only society that does not define its citizens substantially in ethnic terms."

    1. Re:What about Canada? by cybergrue · · Score: 1

      America is, after all, the only society that does not define its citizens substantially in ethnic terms.
      He is partially right in that Americans don't define themselves in the same way that other nationalities do, but I would define it more along the lines of identifying ones self with the american meme, sort of a made up ethnicity. Other nationalities use a wide range of ways to identify their national characteristics, such as "we are the people that live here", and or "the people that speak XXX", and sometime (but not always) "belonging to this ethnic group"
      The author is right though that no one else identifies themselves in the"American" way. The closest anyone else comes to using this type of identification are the Canadians, who usually refer to themselves as the "people who live in the northern part of the american continent who are not "American."

  26. Frontiers and Nanotech by randall_burns · · Score: 2, Interesting
    I would suggest the conditions in Britain were largely due to the closing of the American frontier in the mid 1800's. Until that point, there was a floor under wages(i.e. British industrialists couldn't pay their workers so little they didn't bolt and risk death and disease on the frontier). The point here is that the order in which advancements move towards nanotechnology are quite important.


    I would also suggest folks look at the Nanotechnology timeline Sean Morgan did. Best estimates are this will unfold the next 20 years or so. The nice thing about Morgan's work is that he talks about some of the incremental advancements between now and then.

  27. Silly Monkey by Greyfox · · Score: 1
    They didn't have toilets in Star Trek. Think I'm wrong? Cite one episode where you saw one. Obviously by that time, humanity has progressed beyond the need to take a dump.

    If you can assemble matter from stuff, you can also disassemble it, so keeping things clean and free of dangerous bacteria should be pretty straight forward. Then when we invade some alien planet because of their Weapons of Mass Destruction, their germs will make shaving cream shoot out from our eye sockets, because our immune systems no longer know how to deal with germs.

    That still leaves a few godforsaken rules though, like school teachers. I'm led to believe that some people actually enjoy doing that, and those people haven't been incarcerated for their own safety for some reason, so maybe it'll be OK.

    --

    I'm trying to teach myself to set people on fire with my mind... Is it hot in here?

    1. Re:Silly Monkey by EvilTwinSkippy · · Score: 1

      Restrooms are on the deckplans in Mr. Scott's guide to the Enterprise, and the tech manual for the Enterprise-D. Though the plumbing is a little sketchy.

      --
      "Learning is not compulsory... neither is survival."
      --Dr.W.Edwards Deming
    2. Re:Silly Monkey by Mikkeles · · Score: 1
      " They didn't have toilets in Star Trek. Think I'm wrong? Cite one episode where you saw one. Obviously by that time, humanity has progressed beyond the need to take a dump."

      Not so; they had nanotransporters positioned in their arseholes.

      --
      Great minds think alike; fools seldom differ.
  28. in societies w/o scarcity, better ideas can't win by xlurker · · Score: 1

    in a society without scarcity the better idea newer wins.
    you can apply this to probably any venue of life.

    you can apply this to a lot a managers now. many managers are only good at one thing: the corporate power circus.
    they don't need to be the best when it comes to manufacturing, since we today already have enough resources to permit waste. they're good at elbowing. why isn't this behavoir even worse? because results ultimately still count. and results depend on scarce resources and their efficient allocation.

    as soon as this changes the economy is going to start filling up with nutcases and crackpots claiming to be as good at whatever as the serious people.

    you can apply this concept to any field where results aren't quite measurable and resources aren't scarce.
    example: religion, cults and esoterics.

    too religious/spritual?
    2nd example: how about the qualitity of programming in closed source projects, eh?

    --
    ______________________________________________
    sigamajig...
  29. MMAA by Gadzinka · · Score: 4, Funny

    As always with new technology threatening old business models expect the formation of Macroscale Manufacturers Association of America. They will furiously fight against communist nanotechnology allowing people to make unauthorised devices etc.

    rrw

    --
    Bastard Operator From 193.219.28.162
    1. Re:MMAA by Pathetic+Coward · · Score: 1

      And MMAA will say over and over again that there is a desperate shortage of nanotechnology engineers and scientists, and that the only solution is a massive raise in the H1B quota.

  30. Wow, how profound (not) by Ars-Fartsica · · Score: 2, Insightful

    Rush right over and learn about automation reducing costs and demand for labor. What insights! As for nanotechnology, DeLong seems to offer nothing more useful than a shrug.

  31. What about looking to "cyberspace"? by Anonymous Coward · · Score: 2, Insightful

    If we want to foresee what might happen when the effortless duplication of matter becomes ubiquitous, why not look at a similar situation right now? With computers we can infinitely, and at pretty much no cost, reproduce "things", perhaps in a similar manner to what we might be able to do with real things in a few decades. I imagine we might have much the same problems once we are able to duplicate matter as effortlessly as we copy a file: the vast majority wanting the freedom to copy what they want, and the rich minority fighting to hold on to the power they have.

  32. Freudian Slips While Reading by EvilTwinSkippy · · Score: 2, Interesting
    The filters between my eyes and brain might be trying to tell me something.

    At first glance I read "Economic Analysis of the Nanotech Failure". I'm not sure if it was trying to say Nanotech is going nowhere, or that the grey goop effect will make pollution look like a spot on one's trousers by comparison.

    For my part, I'm not really thrilled by Nanotechnology. It's like being thrilled by quantumn mechanics. Sure it's neat, but unless you are a researcher it's not going to be used in anything you buy, build, or are likely to use. Oooo, it will make already small computer chips smaller. Whoopie. The size of a computing device is currently limited by the size of the battery, power supply, or human interface device.

    As far as medical uses, the nanotechnology itself is useless without some way of coordinating the activity of millions of simple robots. That technology isn't nanotechnology. I call the ability to harness millions of independent units "Taonology", and it's first application will be social engineering.

    (Checking time-traveler's guide to 2003 to make sure it's been invented.) Scratch that. But when it happens, act surprised.

    --
    "Learning is not compulsory... neither is survival."
    --Dr.W.Edwards Deming
    1. Re:Freudian Slips While Reading by ciphertext · · Score: 1

      If you consume any sort of organic material, you are already utilizing the fruits (no pun intended) of organic nanotechnology. There are some pants that are "marketed" as using nanotechnology. The carbon tubules that repel water...etc. However, the pants aren't directly created by a nanomachine. Still, it is a step in the direction.

      --
      To know is to have knowledge....to understand is to be enlightened.
    2. Re:Freudian Slips While Reading by EvilTwinSkippy · · Score: 1

      Heck, if you use a cast iron skillet you are employing carbon buckyballs. (The soot you allow to remain on the surface creates a non-stick surface completely unlike teflon.) If that's using "nanotechnology" then farmers have been practicing chemistry for thousands of years through the production of straw.

      --
      "Learning is not compulsory... neither is survival."
      --Dr.W.Edwards Deming
    3. Re:Freudian Slips While Reading by bobbozzo · · Score: 1
      It's like being thrilled by quantumn mechanics. Sure it's neat, but unless you are a researcher it's not going to be used in anything you buy, build, or are likely to use.

      So this means you don't use CD's or DVD's?
      (think lay-ser)

      Oooo, it will make already small computer chips smaller. Whoopie. The size of a computing device is currently limited by the size of the battery, power supply, or human interface device.

      Smaller chips=shorter paths=higher MHz possibilities. Why do you think they keep shrinking processes? It's not to make your PC 0.1% smaller.

      Or were you just trolling?

      --
      Nothing to see here; Move along.
  33. Re:Disparity in workers income by takochan · · Score: 1

    ..addressed in the article:
    20th century, gaps shrank, then widened again in 21st..

    That is simply because of globalization, not nanotech or other things. We have now integrated first world economies with third world ones, so the result, is an economy somewhere in the middle.
    Skilled people get paid (comparatively) far more than those without skills, so we get something between the US of the 1960s and the China of today, disparity wise, which is what has happened now.

    Eventually (probably after we are all retired), when the 3rd world catches up with the first world, low level laborers wages will then push up, bands will narrow just as they did in the 20th century in the USA before the US economy got integrated with everything else like it has the last few years.

    Then the problem will go away. But then that will be in 50..75 years, so for this generation, whether we are factory workers or IT programmers, yes we are fS&cked. Our grandchildren though, should be OK..

  34. Re:in societies w/o scarcity, better ideas can't w by Jerf · · Score: 1

    they don't need to be the best when it comes to manufacturing, since we today already have enough resources to permit waste.

    You obviously don't work in manufacturing. Waste is relative. You may theoretically be able to 'waste' 20% of something (number for the sake of argument), but if your competition is only wasting 5%, he's going to drive you out of business. Now you don't have the opportunity to waste.

    (Capitalism promotes unheard of levels of efficiency. The Native Americans, frequently cited for using "the whole buffalo" vs. the wastage of the settlers, have nothing on modern capitalist societies. But this is a sidenote.)

    As for the rest of your post, it's nearly incoherent. "Quality of programming" does more to disprove your point; in commercial programming where ideas are scarce, ideas aren't evaluated at all. In Open Source where the ideas are abundent, the better idea eventually wins. Only in the society without scarcity does the better idea ewer[sic] win.

  35. Dark Utopia by Valdrax · · Score: 1

    Unfortunately, yes. There are a few sectors of the economy that cannot be eliminated by getting rid of the need for specialized manufacturing plants:

    1) Energy and raw materials production
    2) Services, Including:
    a) Legal
    b) Education
    c) Sanitation
    d) Entertainment & Comfort
    e) Real Estate & Property
    3) Intellectual property-driven businesses

    This is not an all-inclusive list. Manufacturing and (theoretically) agriculture could be gotten rid of, but in both cases the current trend in strengthening IP indicates that in the future we will almost certainly have to license designs for use. Unless care is taken to make sure that IP enters the public domain, IP will become the new real estate -- in a serf/fiefdom sort of way. All common goods will require licensing of IP which will increasingly be held by certain wealthy families or ever-living corporations. Economic progress may permanently be tilted towards a have and have-not class divide. We'll see. It could turn out for the best, but the current trend in the wake of the internet for the law to chain-down its potential to freely distribute IP indicates that it probably won't.

    Other technologies may make some of the above-listed sectors of the economy obsolete. Severe advances in artificial intelligence could eliminate all of the above-listed services except physical waste disposal, and future IP could be created by advanced AI servitors, leaving only energy and raw material production as viable economic bottlenecks. Advanced AI is more likely to render money obsolete by rendering nearly 90% of our current jobs irrelevant.

    Unfortunately, this future "utopia" makes the vast majority of humanity redundant and useless. Only the owners of energy, materials, and IP-generating companies and people capable of accomplishing the few intellectual tasks that AIs cannot will be of any economic value in this future where anything can be manufactured at a whim and machines handle all drudgework. Uneducated, blue-collar workers could be made obsolete, which would utterly destroy the economy as we know it. Those intellectual and economic "have-nots" will be left with nothing worthwhile with which to earn a living.

    There would be no more janitors, no more people in retail, no more farmers, and no more mailmen. There would be no more gas station attendants, no more hotel clerks, no more parking lot attendants, and no more real estate agents. With sufficiently advanced technology, there would be no more programmers, no more musicians, no more lawyers, no more surgeons, nor even any human robot repairmen.

    If humanity as we know it is still alive, this "Utopia" will have to result in one of two things -- a Star Trek-like, socialist, pampered, moneyless world where people don't have to work to live the easy life or a brutal revolution and new Luddite dark age if those with power and wealth do not wish to move away from the capitalist system which has served us so well at this point. Not everyone can be a PhD. Not everyone can be a rich business owner by the time the shift comes (which I estimate at current rates to be possible within 20-40 years of the invention of true AI).

    I think that the latter scenario is far more likely than the former. The Unskilled Masses will not be forced into homeless, jobless poverty without a struggle, and the Wealthy Elite will not give up their advantages without a struggle. Nanotech and AI are the seeds of a revolution, and if they don't wipe out humanity purely by their misuse, then we will have to find a way to surive our own obsolescene.

    But I digress...

    Humanity will need money for a while yet. Nanotech won't end that on its own. AI might, but nanotech will not. There are still too many things for humans to do for a living.

    --
    If it's for-profit but free, you're not the customer -- you're the product (e.g., the Slashdot Beta's "audience").
  36. Nanotech utopia? by painandgreed · · Score: 2, Insightful

    Money will not disappear. Assuming that we could build anything, there are still things that keep everything from becoming free. First, all these items probably will be generated from a design that will have to engineered. The new model cars or game consoles will have to be designed and engineered. The pattern fed into a computer and then created. Such pattens will be copyrighted and trademarked. No doubt, there will be similar IP issues as there are today with downloading and conterfiters. Even if items could be replicated from an original without hurting the original lile in dowloading, it will take a decent amount of energy. If you make a banana, that banana will have nutritional value that will be stored energy. that energy has to come from somewhere and it will probably cost soemthign and that money will probalby go back to the the peopel who control the energy corporations. probably the same people who own the oil companies today. Even if there is near limitless energy, unlike downloading today, you still need raw materials. you can't make a set of headphones with gold plated contacts without the gold. Even materials such as copper, aluminium or steel have some scarcity and intrinsic value. I would not doubt if manufacturers started using rare earth elements in their cars and consumer goods just so such items could not be copied directly, a sort of futuristic copy protection. Even given that such technology is possible, it's not for sure that such technology wold be economicaly viable. It may take less manpower and energy to make things the old fashioned way than to use nanotech. A banana tree is already a nanotech machine and we simply might not be able to do it cheaper with a swarm of nanobots. theoretically, we could come up with a Ferrari seed that would grow a Ferrari but that assumes that the proper elements are present in the proper form to be turned into a car. Getting those elements into proper form may be a major issue itself, and by time nanotech has advanced that far, there will probably be other technologies and issues shaping the world more.

    1. Re:Nanotech utopia? by RedRocketRanger · · Score: 1

      I agree. At the very most, money will take a separate form (such as energy used to power the nanobots). As you say, raw materials need to be purchased and transported and products will need to be designed and programmed. People don't want to wear the same thing as everyone else. People like buildings to look interesting and unique. People want to drive cars that take the attention away from their balding heads and expanding waist lines. And people get bored of playing the same computer game all the time. To name but a very few examples. Designers then will become a very hot commodity, as products would only be limited by the imagination and the availability of raw materials. And let's not forget artists and musicians. I also think that non-nanobot built products will become fashionable. And Land. Land will need money. You can get nanobots to build your house, but you can't get them to make land for you. Money is not going away, whatever form it takes.

  37. we're already halfway to a startrek economy by sbma44 · · Score: 1
    and it's causing problems. Digital technology has created the first economy ever where scarcity is irrelevant. Information can be copied limitlessly with a cost that approaches zero.

    How do you reconcile this with the rest of the scarcity-based economy? When the producers of replicable content still need limited resources, problems emerge and the only solution is inelegant legislation that is ultimately unenforceable.

    I think we can just now see the end of profit on the horizon. It will probably not arrive in our lifetimes. Still, technology does not seem to be opening any more markets -- it's making it easier for us to spend less money. Low-tech industries will probably prosper as material goods value relative to IP increases.

    Perhaps the arrival of nanotech and free energy could rebalance this. I think we may see a reemergence of the middle class in the meantime, as manufacturing becomes much more valuable.

  38. Dear mod by Overly+Critical+Guy · · Score: 1

    How is this post "Flamebait?" Just curious. I know baseless Microsoft bashing is silly and intellectually lazy (considering the last Microsoft breach was 2000 of October in light of GNOME, GNU, Debian, FSF, and Gentoo's little fiascos), but the rest of the post was well-written.

    Karma Bonus unchecked accordingly.

    --
    "Sufferin' succotash."
  39. somebody on slashdot reads WSJ other than me... by snatchitup · · Score: 1

    Wow. This guy's blog was the first mentioned in a Wallstreet Journal article today. This blog and several others were mentioned.

    My comment is...

    How is analysing nanotechnology's economic consequences any different than what miniaturization has done over the past 30 years.

    -----
    The really funny thing to me is that these economists seem to think there is a problem to be solved. It's as if they believe their job is to solve the problem: "How do we assure equality with all the changes going on"?

    Really man, this isn't a problem. The solution to that problem is simple... Freedom.

    I have two basic theories that stand up way better:

    1. You take an education, it doesn't come to you for free.

    2. Education is everything. ....
    3. ?

    4. Profit

  40. a few observations... by CommieLib · · Score: 4, Insightful
    Economists tend to overlook the wealth value of technology because it is extremely difficult to quantify. Let's say, for example, that the distribution of wealth now compared to 100 years ago has seen a drastic increase in the concentration of wealth, i.e., fewer people hold greater percentages of the wealth. I don't know if this is true or not, but let's assume it.

    A hundred years ago, if you were poor (on average), you were hungry, had no indoor plumbing (never mind electricity), and maybe owned a horse. Today, if you are poor (on average), you have a car, air conditioning, electricity, indoor plumbing, television, and you are overweight. I'm not trying to insult anyone, but that's the health statistic.

    My insight about the economics of nanotechnology is that it could create an incredible concentration of wealth, while at the same time defining poor so stratospherically high (owning only two Ferraris rather than twenty because you have no place to put them) that it becomes irrelevant.

    Other important points: (note, value != price)

    • The value of personal services will be unaffected by nanotechnology
    • The value of real estate will not be affected.
    • As Arthur C. Clarke pointed out, the unit of currency would become the kilowatt-hour.
    • Early on, this could make food more precious than diamond (the molecular structure of a chicken breast is vastly more complex and difficult to create than a simple carbon lattice)
    --
    If your bitterest enemies are people who hack the heads off civilians, then I would say you're doing something right.
    1. Re:a few observations... by jayteedee · · Score: 2, Insightful

      I was going to post a similar article, but I'll add to the above instead.

      A hundred years ago: poor, average, house the size of one room today, living on a farm/ranch/rural, outdoor toilet (flies, smell, cold in winter, breezy ) limited toilet paper (Sears catalog if your lucky), sooty and smelly candles and kerosene lamps for light, spend significant time collecting, canning, storing food to make it through the next winter, a horse (but it was more likely a work horse than a riding horse-think Belgian or Clysedales), running water as long as you keep pumping, very limited food/drink variety, drafty home, collect your own heating source (firewood), baths???/showers???-once a week or month whether you needed it or not.

      Nowadays, American's live like kings did just 200 years ago. We even have hundreds of servants, but they don't work for us directly (serve us food, gas, fix roads, mow lawns, can/freeze food, etc). The corollary to American's being like kings of yesteryear is the selfish reponse: fat (I do mean to insult), lazy (TV, fat, etc), always wanting more (cars, houses, toys, bigger this and that, or even multiple redundant items), exploding pornography/prostitution, constant travel and far-flung vacation trips. Basically little petty dictators. I like Star Trek, but the typically greedy, self serving human nature has proven beyond a shadow of a doubt that Gene Roddenberry had the cashless, future, self-impoving utopia DEAD WRONG. Better technology won't improve the miserable human condition, it will just feed it. And, no I'm not a communist and I certainly don't believe the government can solve the situation (exact opposite actually), but I am making a simple and quite readily proveable point.

      --
      Religion and science are both 90% crap..but that doesn't negate the other 10%.
  41. Licensing - NOT! by argoff · · Score: 1

    will have to become far more important if people are to hold onto any profit margin, surely. If I can "read out" the program to create "the crown jewels", or download it from the net, and replicate it down to the atomic level - what's the difference...

    That's the whole problem. Just like when the Lord/Surf system became irrelavent during the industrial revolution - instead of giving it up, people tried to force it. It was a major force behind the civil war in the US and two world wars.

    In the US one would have thought that mechanized machines would reduce the need for slavery ... ofer a way out. But instead they did just the opposite, expanded their plantations to be 100 times larger because their slaves could do 100 times more with machines like the cottongin. That was their idea of the industrial revolution.

    We have a similar problem with copyrights today. Heck, the burden required by them might have been bearable 20 years ago when the biggest issues were cassette tapes and xerox machines, but now they want to choke off half the economey and all the internet in the name of copyrights. Like the plantation masters during the industrial revolution, their idea of the information age is warped. Copyrights are gonna half to go.

    In the nano age, patents are just gonna half to go too. The only question is will they go the hard way or the easy way. God help us.

  42. Post-scarcity by hamsterboy · · Score: 2, Insightful
    There will always be scarcity. Ultimately, the amount of energy in the universe is limited, so if all else fails, it could be used for currency.

    When you go to the Gap and buy a sweater, what are you paying for?

    1. Raw materials. Cotton, lycra, wool. These have to be harvested/mined/synthesized.
    2. Manufacturing. Conversion of raw materials into a finished product.
    3. Infrastructure. Transportation, retail outlets, corporate administration.
    4. Design. Somebody has to have an idea, and sketch out a way of producing a sweater from it.
    5. Energy. This is implicit in all the other components.
    Nanotech would eliminate item #2 completely. With "replicator"-style devices at first in every retail outlet, and eventually in every home, the manufacturing industry disappears completely. Need to build cars? Take a nano-construction device to the location of your retail outlet, let it build a large enough copy of itself to build cars in, and start building cars.

    Nanotech would reduce, though not eliminate, item #3. Administration is still necessary, but transportation infrastructure goes away. You don't need FedEx when ThinkGeek just sends you the "pattern" for the newest LED-encrusted timewaster.

    Raw materials is another industry which is eliminated by nanotech. The only inputs you need are seawater and air, and the products output are atoms of various types. You don't need to buy cotton for a sweater when carbon nanotubes are simpler to build, lighter, and stronger.

    Energy could be produced by several Manhattan-sized solar platforms in orbit. Again, all you need to do is send up some nano-bots and rocks, and the job is done.

    What's left for humans to do? It could be argued (ala Neal Stephenson's The Diamond Age) that the only thing that the machines can't do is think, so human thought becomes a scarce, and therefore pricable, property. Corporate administration, engineering, politics.

    Hamster

    1. Re:Post-scarcity by Anonymous Coward · · Score: 0
      You don't need to buy cotton for a sweater when carbon nanotubes are simpler to build, lighter, and stronger.

      Yeah, but I hate wearing carbon nanotube sweaters! They're feel so scratchy it drives me crazy!

  43. Double-speak by Anonymous Coward · · Score: 0

    Does this guy by any chance write speeches for politicians for a living? His entire diatribe can be summed up in about five sentences. And even those provide no new insights. He merely pedantically states what is common knowledge (when a new technology comes out there's a labour realignment -- DUH).

  44. Re:in societies w/o scarcity, better ideas can't w by Artifakt · · Score: 1

    I like your post, and tend to agree with most of it, but about that "Better Idea eventually Wins" part, until BSD users all agree on VI vrs. EMACs seems to be one very long "eventually"

    --
    Who is John Cabal?
  45. Re:MOD PARENT DOWN: "anti-slash" Troll by Anonymous Coward · · Score: 0

    i just get annoyed by posts which

    a) have absolutely no content and are completely unfunded


    So anti-slash now provides funding for trolls? That is so cool. And by cool I mean totally sweet.

  46. erotic? by Lord_Dweomer · · Score: 1
    "on the economic implications of Nanotechnology.'

    Did anybody else read that as

    "on the erotic implications of Nanotechnology"

    Maybe this is a sign I need to stop looking to technology to satisfy my sexual needs.

    --
    Buy Steampunk Clothing Online!
  47. Re:a few observations... yeah... by asbestos_tophat · · Score: 1

    Ever wonder where your flying car is? Imagine the scale of destruction caused by current traffic in a 3D airspace. People smart enough to see the solution, will also see the impact of their contribution (pun intended). This is especially true for potentially dangerous technologies like nano-assemblers. As paranoid and critical some people can become, others are just as clever and creative. No matter how difficult the technology seems to build (see computer design in the 1970's), the demand will be met eventually.
    Economics is the science of allocating the most efficient use of resources to obtain the maximum satisfaction of the consumer. The system has never led to a fair distribution method. Unfortunately, the free market system is the best system people have had so far. The idea of resource control and enforcement is not new though:
    In the beginning: People with spears and horses ruled the land.
    (and there were whores, soldiers, and slaves)
    In roman times: People with swords and ships ruled the trade routes.
    (and there were whores, soldiers, and slaves)
    In recent times: People with canons and sailing ships ruled the oceans.
    (and there were whores, soldiers, and slaves)
    Today? People with nukes and airplanes rule policy.
    and there are desperate poor people without economic or political influence in democracy. The ideal classless society still has classes? ;)

    See the pattern yet? Did the slaves know they were slaves? Did they change things? =)
    Will philanthropy outweigh the ailing education system and demand deficient labor? Never, educated people are harder to sell cigarettes and political ideals, but not impossible ;)
    Are we that much different? No.
    Do you live a better quality of life than your parents did? Statistically speaking, probably not.
    Have we evolved our ethics along with technology? No. See handgun conflict resolution.
    Does a PHD make someone morally agreeable? No. See the H-bomb
    What are the philosophical differences between educated people and intelligent people? None, they are people with differing perspectives of equal quality.
    On an aggregate scale people lie, cheat, and steal. It's in our nature. And it's unlikely to change anytime soon.
    Will you get assistance building such devices? Hmmmmmmm. =)
    Unlikely, the design will most likely be discovered by:
    1.) dumb luck. (by a moron)
    2.) Being stolen or sold. (by a moron)
    cheers ;?)

  48. Atomic Holographic Nanostorage to Now Become Real by fedrive · · Score: 1

    The President signing the National NanoTech Bill

    will create thousands of new Companies and tens

    of thousands of new Jobs in this Future $ 1

    trillion dollar fledgling industry.

  49. What we need to do... by cr0sh · · Score: 1
    This is in regards to nanotechnology, and to a certain extent, artificial intelligence.

    We humans, for some strange reason, seem to think that if it is complex, then it must come from complex processes. Nanotechnology is no exception.

    We seem to think that in order to make a nanoassembler, it must be some complex assemblage akin to an atomic level robot with AI intelligence or something (at the very least, a rod processing computer), when so much staring at us in the face tells us that such things simply aren't so.

    Many of you may roll your eyes, but I honestly believe that Stephen Wolfram's "A New Kind of Science" will prove to be a pivotal book in the history of mankind. To the naysayers who cry "plagerism", I respond with "Read the damn book!" - if you had, you would realize that it seems like every other page the author is saying something about those which came before him: the author is in wonderment at the work done prior to his, and why the pieces weren't put together until he gathered it all up and tried it out.

    In essence, the book boils down to a theory that is basically saying that all of the universe (matter, processes, life - everything) can be reduced down to a simple one dimensional cellular automata ruleset of 5 or 6 rules - that complexity arises from simple algorithms.

    I believe that the fundamentals of this theory hold the keys to many of the "hard problems" we humans have been trying to implement. I believe a combination of NKS, network theory (as described in up-to-date detail in Albert- Laszlo Barabasi's book "Linked"), and emergence/complexity theory could help to solve many of the problems in nanotechnolgy and artificial intelligence we have been struggling with for so long.

    This is the next step - figuring out how these three things define our world: in a way, it is a GUT for almost everything, the problem domain it could be applied to is vast. It won't be easy, but it is something that definitely needs more exploring and explorers.

    --
    Reason is the Path to God - Anon
  50. Casulties Of "Progress" by meehawl · · Score: 1

    The 19th century expansion of the British Empire's industrial capacity required the forcible opening of Asian and South American markets through military means. Within a couple of generations, Britain had acquired an Empire and was using social engineering, famines, and mass-scaled drug addicted coercion to "rationalize" foreign markets - some into producers, others consumers, others excluded through tariffs and unequal bilateral treaties.

    This was the essence of "free trade" - new markets had to be seized for the output of the British factories. This was the eninger that drove Imperialism.

    DeLong mention some of the disruption caused to weavers and spinners, but he takes an a priori classic laissez faire position that such transformation was somehow inevitable and happened as a natural consequence of technological proicesses. On the contrary, it was both produced and magnified by incredibly destructive military processes and sociological famine engineering. Tens of millions of people were effectively sacrificed on the altar of "free trade". China, Brazil, and India were reduced from a pre-eminent members of the global economy to balkanized, marginal shells full of starving, impoverished masses and their level of technological and social development reduced to pre-17th Century levels. The "Third World" was invented.

    I have no doubt that these new nano technological producers, should they emerge, will similarly use unilateral and multilateral pressures and organizations to forcible eradicate nativist and local resistance to their products and trade.

    The interested reader is referred to Mike Davis' impressive Late Victorian Holocausts for further information.

    --

    Da Blog
  51. Are there any companies I should invest in? by Mr.+White · · Score: 1


    There is lots of talk on the Street about nanotechnology, but are there any legitimate, publicly traded companies working on nanotechnology?

    I know of not one good one. Some throw out the word, but only to pad their press releases.

    Witold

  52. Why don't economists understand energy? by Anonymous Coward · · Score: 0

    In reading this sort of article it always amazes me how little the value of energy is understood by most americans. Lines like, "the extraordinary educational effort which gave America such a huge edge over other advanced industrial economies in the twentieth century." demonstrate my point. America did not gain an edge by being more educated. We are not by any stretch of the imagination more educated on average than most other industrialized nations. We gained our edge by pioneering the energy to fuel the industrial machines that we use today. The same petroleum is what allows us to research chemistry and nanotech at such a fast pace. These amazing chemicals are all derived from oil in some way or another.

    Most importantly what this paper fails to discuss is the economic implications of cheap energy that nanotech seems to promise. After all, in one single day the equivalent of all the energy stored in petroleum on earth hits the surface of this planet in the form of sunlight. Nanotech doesen't threaten workers it threatens the very concept of work.

  53. nanotech and education by terrymac1956 · · Score: 1

    If we're looking for clues to the education of the future nanotech-wizards, perhaps we should ask where present-day whiz kids in another recent technology, the internet, come from. Is it their amazingly effective schooling? Not very likely - most schools, public or private, are well behind the curve when it comes to teaching kids how to be a computer whiz. The education of a software developer, a web designer, a game programmer, or other varieties of computer whiz kids sometimes includes formal classes, but it usually includes long periods of hobbyist activity, of self-teaching, of learning from other experts, of on-the-job-training. Very little effective training of this sort takes place as part of the official K-12 syllabi. Hence, to train nanotech wizards, we might look to a similar model - freeform, interactive, student-driven. Just a thought.

  54. Energy and mass still matter by enronman · · Score: 1

    Your going to need energy and mass to make thing still and those are going to cost something. Only some materials are going to be suitable for building things, those materials will have some sort of value because there IS a limited amount of them. Nantech manufacturing will still require energy which is not out there in limitless forms to use. Until the energy and material barriers are broken nanotech isn't going to overrun everything.

  55. How do we power nanomachines? by ElAurian · · Score: 1

    With little twisted springs. Think about it.

  56. Kharma Whore Troll -Read His Journal by Anonymous Coward · · Score: 0
  57. Why do they always add this sort of untruth?? by Grizzlysmit · · Score: 1
    One of the chief things that has made America great, after all, is that we are the only country in which enthnicity is not closely linked to nationhood.
    Has this guy never even studied other countries??, I sure the USA is a nice enough place, but really it is rather ethnocentric, I know for a fact that we in Australia are way ahead of the states in this department, as to which contry is the least ethnocentric, well I would need way more data to decide.
    --
    in my life God comes first.... but Linux is pretty high after that :-D
    Francis Smit
  58. Kharma Whore Troll -Read His Journal by Anonymous Coward · · Score: 0
  59. Re:Slashdot:Bastion of Leftism by Richard+M.+Nixon · · Score: 1

    Wow! what a compelling ranting between Cowards!
    At least I, Richard Milhous Nixon, the 37rd and greatest president this country ever had is willing to stand up to my statements.

    Bush is a moron, but politically pointless, mostly a distraction.

    It is mostly Dick who is running the show.
    And all you ACs are a bunch of losers!
    Why don't you move to Canada?
    We are getting ready to invade.

    --
    Nobody died when Nixon lied.
    I'm meeting you half way you stupid hippies!
  60. If you think that stuff is good... by Anonymous Coward · · Score: 0

    check out "Exit Strategy" and the "Ecstasy Club" by Douglas Rushkoff.

    Both of these books had me turning pages until the end. Really good stuff and multiple settings besides the Magic Kingdom (no offense EFF guy).