“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.”
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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.
If we attempt to block the development of new technology, we effectively have ensured that the most responsible parties will not develop them.
Because of technological limits, there is a certain amount of food that we can produce per acre. If we were to have intensive greenhouse agriculture, we could have much higher production.
If you think the technology is infeasible, you don't worry about what it might do and what its potential is.