“We can grow crops less expensively because molecular manufacturing technology is inherently low cost.”
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If we can reduce the cost and improve the quality of medical technology through advances in nanotechnology, we can more widely address the medical conditions that are prevalent and reduce the level of human suffering.
The laws of physics should allow us to arrange things molecule by molecule and even atom by atom, and at some point it was inevitable that we would develop a technology that would let us do this.
If you look at the human condition today, not everyone is well fed, has access to good medical care, or the physical basics that provide for a healthy and a happy life.
Disease and ill health are caused largely by damage at the molecular and cellular level, yet today's surgical tools are too large to deal with that kind of problem.