THE NANYTES ARE COMING (7-2004) There have been lots of books and movies about robots. “AI” was a movie about a little boy robot that was given artificial intelligence. After his “family” abandoned him because they feared he may harm their real child, he spent eons of time searching for his “mother.” The latest Will Smith movie, “I, Robot” is about a fleet of robots that go amok. But one thing nearly all these robot stories have in common is that the robots are people-sized. Imagine a robot-like device that is so tiny that a thousand of them could be injected into your bloodstream using a hypodermic needle. Imagine robots that do all their work while residing inside a single human cell. These robots do not exist yet. But the hope is that one day they, and other similar minuscule devices, will be common. The branch of science that deals with manipulation of extremely tiny devices is called nanotechnology. Nano- is a Greek prefix, meaning dwarf. A nanometer is a measurement equal to one-billionth of a meter. Nanotechnology deals with sizes of less than 100 nanometers. That means you could fit a million such objects across the head of a pin. In other words, nanotechnology deals with objects no larger than single molecules. Although the technology itself is years old, to date there have been no life-changing products coming out of this field. The research has yielded advances in stain-resistant fabrics, glare-resistant windshields, and higher-bouncing tennis balls. But so far, there have been no nano-robots built that can go inside your cells and cure diseases. But its promoters insist that within 10 years or so, nanotechnology will yield computers the size of sugar cubes. And, they say, molecules manipulated through nanotechnology will be developed that can go in and tag cancer cells for treatment. There will also be many other uses for the technology, they predict. In the 1980s, the science fiction TV series, “Star Trek: The Next Generation” premiered. Several episodes of the series involved tiny robot-like creatures called “nanytes.” Their purpose was to cure diseases on a cellular level, build computer chips one molecule at a time, and reprogram individual computer chips. One episode, however, even had them evolving into sentient beings. It may be decades before anything as complex as a “Star Trek” style “nanyte” is produced, but the time may be very close for more mundane uses of the technology. In fact, nanotechnology is Wall Street’s newest investment craze. Bankers and venture capitalists are pushing for initial public offerings of nanotech startups. Everyone, from day traders to fund managers, seems eager to get in early on what they hope will be the next big thing. Others caution, however, that even the few companies that are already publicly traded do not really have any products yet. One nanotech company that plans an initial public offering this year doesn’t plan on producing a profit or a product for years. And, of course, there is also the “dot-com” debacle fresh in the minds of some traders. They don’t want the same thing to happen with this new technology. But it is a very curious and exciting new field. And if the predictions do come true, somebody is going to make a ton of money.