Definition of nanoscience and nanotechnology
Mr Mooney felt that nanotechnology crosses many fields such as biotechnology
and electronics, and that the distinguishing factor is a size scale less than
100nm, resulting in quantum effects which make material properties different
from those at a bulk scale. He noted that the pace and scale of progress due
in part to its diversity, is also what makes nanotechnology distinct from other
technologies.
Health and environmental issues
Mr Mooney believed that the health and environmental issues of nanotechnology
have been very badly handled. He would like to know if all products containing
nanotechnology have been tested and proven safe, and felt that to have such
products in the marketplace already but not tested is foolish.
Socio-economic issues
As nanotechnology is so wide, Mr Mooney felt that the impact on society would
be enormous. He noted however that this could very well be positive for society,
for example the manufacture of products and materials with much greater efficiency,
and hence less raw materials and waste.
He was concerned however that the impact of nanotechnology would be massively
disruptive on the poorer sections of society, who may become excluded from the
biggest technology wave the world has seen.
Also, due to pressure from investors, Mr Mooney expects that nanotechnology products may be launched into the market (e.g. sunscreens) before the necessary testing has been done, and foresees potential problems because of this.
As a result of progress in nanotechnology, Mr Mooney expects to see mergers and acquisitions of a type not previously seen, and would like to see an international body assembled to monitor these developments. In a similar vein he would also like to see the re-instatement of bodies to advise developing countries on technology.
Grey goo
Mr Mooney was less concerned with the possibility of grey goo, than with what
he termed ‘green goo’. He noted that nanoparticles are being released
into the environment now, and thus there is an urgent need for regulations.
Scenarios
Mr Mooney suggested a useful scenario for the impact of nanotechnology might
be the replacement of copper by highly conductive nanotubes for the transport
of electricity. This he thought could be expected to take place in 15 years,
and would effectively result in no market for copper by that time. This would
naturally have a massive impact on the economies of copper producing developing
countries.