The Financial Times has an article on billionaire financier Wilbur Ross, taking a break from wondering how to spend the $271m he made in a recent deal to create the world’s biggest steelmaker. Ross is also well known in the nanotechnology community for ploughing money into Nano-Tex through his International Textiles Group.
Naturally having just pulled off the steel deal with Lakshmi Mittal, Ross says The 1990s was the decade of high-tech but the 2000s will be the decade of basic industries. Given that nanotechnology, or at least the exploitation of nanoscience, is mainly concerned with our ability to control the properties of materials at the molecular level, he could well be right.