Grail Nano
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Years down the road we WILL have Molecular assembler,what will it to too the world economy?
Molecular assembler-Is the holy grail of nano technologies ...carbonnano tubes which are nano technologies...are the current project scientist are working on now...
Molecular assembler-is simply an machine of which if you have an suppository of the right atoms...you could create any consumer product you want.
such as mp3 players.....food....medication...paper......100in plasma screens......sunscreen....glass........rubber balls....FERRARI'S!~~~~WATER!
ANY THING!!!!! (except living stuff)
ALL IN YOUR LIVING ROOM!
so the question is how would the world economy would work...or what would society would be like?
war is thought over resources...so what if we could get all the resources we want...therefore wars would be obsolete....with this technologies..
"Those who cannot remember the past are condemned to repeat it," - George Santayana
Clearly, you haven't been paying attention.
There was a time when alchemists strove to change mundane substances such as lead into gold. What happened?
1. The technology became feasible, but it is still too expensive, in terms of energy, to use,
http://chemistry.about.com/cs/generalchemistry/a/aa050601a.htm
though that might change:
http://www.gata.org/node/5272
2. By the time it became feasible, there were many substance far more valuable than gold. Gold is less than $1000/oz. Even computer processing chips cost more than that. So do many drugs, medical isotopes, industrial catalysts, etc.
So what to learn from this?
1. Even if you had the right atoms: what would the machinery cost to make and run?
Note that energy is not free; the raw materials aren't free (where do you get all the elements that are needed? Is this going to do anything for mining?); even a machine that can reproduce itself can not do so instantaneously and so there is the time element of the cost of the machine; etc.
2. We are already in a situation where more than half the world's production is in services, not goods.
http://www.economywatch.com/world_economy/world-economic-indicators/world-economy-at-a-glance.html
And the trend is continuing.
By the time you molecular assembler is ready for daily use, so little of the economy will be in consumer goods that the impact on the world economy will be relatively minor.
3. Related to this is that we are already at the point where, for almost all small consumer products, the manufacturing costs are a very small part of the total. Even if the manufacturing were free (and running this machine is NOT free) it wouldn't make that much of an impact.
Above and beyond all that, notice the internal inconsistencies of your position. Given how little free hydrogen there is anywhere, how are you going to be making water in an significant quantities? You'll want to put water as an input, not take it out.
And how are you going to get a Ferrari out of a box in your living room?
Last and not least, you get a 0 for originality. This has been a regular feature of S.F. literature for some time. Neal Stephenson in "The Diamond Age or, A Young Lady's Illustrated Primer" was clearly wiling to sacrifice technical accuracy for the purpose of plot, but it is still much more realistic than what you seem to be proposing.
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