Nanotechnology: The Future Is Here

The advancements in technology have brought us to a stage where our inventions are getting smaller and more efficient. We are using newer technologies that discovered from new developments which eventually help us make even more discoveries. The latest technology that is breaking strides and establishing new bench marks is nano technology.

Nanotechnology, or "nanotech", as it is more popularly known, is the engineering of structures on the atomic or molecular scale. This scale, known as a nanometer, can be understood as being 1/1 millionth of a pinhead, 1/2500 of a red blood cell and half of a carbon nanotube. At this scale, molecules and atoms are manipulated into already existing structures, to create new structures or devices. It is engineering at a smaller scale than anyone ever imagined.

Biotechnology

Although the field of nanoscience and nanotechnology is still under development, its applications are expected to be limitless. The most important applications of the science are in the development of new and improved devices for use in the fields of medicine, electronics and energy. These devices will make it possible for us to cure illnesses that were previously not curable and make more efficient use of energy and may even bring an end to the global energy crisis.

Nanotechnology: The Future Is Here

One of the most important applications of nanoscience and nanotechnology is in the field of medicine. This field has been receiving a lot of attention from existing biotechnology companies (or "biotech" companies) and new biotech companies. Biotechnology companies are particularly interested in medicinal applications of nanotechnology, such as developing nanorobots, which will help in detecting infections in the body, to developing cell repair nanotechnology.

Further, nanotechnology medicine can be used to detect cancer among patients, in minute and difficult surgeries, in tracking the effects of drugs in the body, and targeting these drugs to very specific human organs. Nanotechnology medicine also has applications in day-to-day like of people such as developing better sunscreen using zinc oxide or titanium oxide atoms. From sunscreen to cancer this technology has a variety of applications. Once developed it will help save millions of life and make the lives of millions more a little easier.

Such developments of nanotechnology medicine are only made possible by biotechnology companies. Biotech companies aim at making this nanoscience and nanotechnology medicine commercially viable, and new biotech companies are entering the field, thus making it more competitive. More and more companies are entering this field and this has resulted in faster growth of this science. The competition in the market makes companies work harder and put their best foot forward. Once the science has grown it will be more readily available and more accessible for the common man as well due to the number of companies vying for a share of this potentially explosive market.

The next generation in science and technology has arrived. We have reached a point where new developments are taking place faster than we can put comparatively older developments to use. Thanks to nano technology or nano tech we will soon be capable of doing thing that we were previously thought of as impossible.

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Biotechnology is a practice as simple, and as ancient, as brewing beer or making cheese. In a practical sense, biotechnology is nothing more than humans putting to use the natural activity of microorganisms. But in the last twenty years, New Biotech Companies have made major breakthroughs in this field.

Hot Future Jobs For the Next Five Years

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Hot future jobs for the next five years with above average wages and the highest growth rate range from theatrical make-up artist to forensic scientist to financial advisors. Although the gross number of some of these occupations (think: make-up artist) are fairly small, the growth rates for any of the aforementioned occupations is not.

The Bureau of Labor Statistics (BLS) released their 2008-09 Occupational Outlook which showed some surprising growth rates in the service sector. There were of course the usual suspects in terms of job expansion, such as technology and finance but some of the other quickly expanding jobs were further out of the mainstream. Of the top ten quickest expanding occupations, none is projected to grow at less than 30% over the study period (2006-2016).

From the BLS 2008-09 Occupational Outlook (results culled from Table I-5)

• 
  Network Systems and Data Communications Analysts - Growth expected to top 50% over the projected period


• 
  Computer Software Applications Engineers - Anticipated growth rate more than 40%


• 
  Personal Financial Advisors - Upwards of 40%


• Make-Up Artists - Theatrical
Growth of 39% (though this represents only ~1000 positions
• 
  Veterinarians - 35% (22,000 net employment gain


• Substance Abuse and Behavioral Disorder Counselors
- 34% net increase.
• 
  Financial Analysts - 34% I can't rightly saw whether this study was completed prior to the market collapse


• Physical Therapist Assistants
- 33% A growing area of the service economy
• 
  Forensic Science Technicians - 30% Perhaps inspired by the wave of criminal forensic television shows


• 
  Dental Hygienists - 30% A traditional growth occupation

These represent the hot future jobs as culled from the BLS Occupational Outlook for 2008-09. While it remains to be seen whether all of the projected hot future jobs come to fruition there still are expanding employment sectors anticipated over a broad range of industries. Noticeably absent from the hot future jobs list however are jobs requiring less than at least some post secondary education - only a few above average wage positions in the construction field appeared in the BLS projection.

References:
Information for this piece was compiled from data provided by the Bureau of Labor Statistics.

Bureau of Labor Statistics. Occupational Outlook Handbook (2008-09). Table I-5: Above-average growth and above-average wage occupations, by educational attainment cluster and wages, 2006 and projected 2016. From: Bureau of Labor Statistics web site: http://www.bls.gov/emp/optd/

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