Nanotechnology, due to its microscopic size, easy dispersal, self-replication, and potential to inflict massive harm on persons, machines, or the environment, makes a tempting terrorist weapon. After September 11, 2001, there is a heightened concern about the conversion of useful machines into potential weapons.
Economic effects may be positive when there are new spin-off technologies and can be negative with economic dislocations, job shifts or population explosion.
In my earlier post, I had mentioned about political factors. In the case of Nanotechnology, political factors are not that pronounced, but they will be, once some serious developments are achieved.
In our context, socio-economic factors may not be of immediate concern, a first positive factor for our nanotechnology evaluation. Tomorrow I will summarize Nanotechnolgy factors.