Mighty Mites
This article reviews that the future belongs to machines built at molecular scales—if the tools to engineer them. Just as the steam engine sparked the industrial revolution of the 19th century, nanotechnology will likely ignite a new industrial revolution during the 21st century. Nanotechnology has the potential to impact all industries; the health care and computer industries are already capitalizing on it. New materials are being created that will affect everything from aerospace and energy to recreation and entertainment. Science is uncovering new technology almost daily, which will have a great impact on many aspects of society. These technologies are at various stages of development, but in the end, each spin-off product must withstand the test in the marketplace. The evaluation of each product will still be based on the same set of metrics as other products: performance, cost, risk or reliability, and availability. To satisfy these metrics, engineers will need analytical tools to make performance predictions, establish production costs and lifecycle economics, quantify the risk associated with new technologies, and satisfy a dynamic market.