Nanotechnology is the engineering of functional systems at the molecular scale. This covers both current work and concepts that are more advanced. In its original sense, 'nanotechnology' refers to the projected ability to construct items from the bottom up, using techniques and tools being developed today to make complete, high performance products.
Today's researchers are striving to make nanomachines, which would be able to build complex products by assembling molecules one at a time. This technology would make it possible to create completely new materials and devices with unprecedented properties and functions. The first generation of nanomachines would be able to create a wide variety of new products, including electronic, optoelectronic and magnetic materials, as well as photonic crystals, quantum wires and alloys.
Nanotechnology will also enable many new medical applications, such as early detection and targeted drug delivery for cancer and other diseases. With the ability to image, target and treat individual cells, nanomedicine could greatly improve the efficacy of current treatments while reducing side effects.
In the longer term, nanotechnology may lead to the development of self-assembling systems and structures, as well as artificial organs and tissues. Additionally, the use of nanomachines could lead to a more sustainable form of manufacturing, known as 'cradle to cradle' manufacturing, in which products are continually recycled.
Despite the huge potential of nanotechnology, there are also significant risks that need to be managed. These include the potential for adverse impacts on human health and the environment, as well as the risk of military applications.
Overall, nanotechnology presents a significant opportunity for society, but it is important to handle the technology responsibly to maximize the benefits and minimize the risks..