2007 Physics Nobel Prize For Giant Magnetoresistance
A number of readers made sure we are aware that the 2007 Nobel Prize in physics has been awarded to Albert Fert and Peter Grunberg for simultaneously and independently discovering giant magnetoresistance. This property has allowed the explosion of disk-space growth and is cited as being one of the first nanotechnology breakthroughs. From the announcement: "Very weak magnetic changes give rise to major differences in electrical resistance in a GMR system. A system of this kind is the perfect tool for reading data from hard disks when information registered magnetically has to be converted to electric current."
Probably because this discovery is considered the birth of spintronics.
No folly is more costly than the folly of intolerant idealism. - Winston Churchill
Did anybody patent this technology?
After getting tax-exempt status and easing their investment rules, the fund began to grow exponentially, and in both nominal and real terms, the current monetary award is larger than it's ever been. Here is a listing and chart of how that amount has changed over time.
"FDA staff reviewers expressed concern about the number of patients who were left out of the study because they died."
The BBC coverage of this story has a nice analogy :
My next sig will be ready soon, but subscribers can beat the rush