The current nanoHype is giving us some of the best fun we have had since the 2002 nanoHype bubble. Unfortunately, investors seem to have learnt even less than the general public about nanotech since then.
DailyStocks.com trumpet “The ultimate goal of nanotechnology is not unlike the âmoleculizerâ of Star Trek where self-assembly systems and machines can build things atom by atom by themselves. Nanotech self-assemblers could produce new human organs, eliminating wait lists for liver transplants, etc. Self-assembly systems could make the world free from material want, solving world problems of hunger, water shortages, energy and heath care.”
Nothing too ambitious there then. As Stan Williams of HP said in 2002: “I don’t want to see 20 years of my hard work go up in smoke because this gets overhyped, and then, later on, people get angry when we don’t deliver on promises that I didn’t even make.”