  Nanotechnology as a social concept and investment focal point has drawn much
attention. Here we consider the place of nanotechnology in the second great
technological revolution of mankind that began some 200 years ago. The
so-called nanotechnology revolution represents both a continuation of prior
science and technology trends and a re-awakening to the benefits of significant
investment in fundamental research. We consider the role the military might
play in the development of nanotechnology innovations, nanotechnology's context
in the history of technology, and the global competition to lead the next
technological revolution.
