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.
A potato can grow quite easily on a very small plot of land. With molecular manufacturing, we'll be able to have distributed manufacturing, which will permit manufacturing at the site using technologies that are low-cost and easily available.
As in any technological revolution, there will be winners and losers. On balance, everyone will come out ahead, although there will be particular companies that will not be able to cope with a new environment.
Many people in the world today are not starving because there is an inherent inability to produce food, they are starving because they are caught in the middle of political fights and blockades that have been used as weapons.
Lighter computers and lighter sensors would let you have more function in a given weight, which is very important if you are launching things into space, and you have to pay by the pound to put things there.
It looks as though yields of over 10 times what we can currently grow per acre are feasible if you control the CO2 concentration, the humidity, the temperature, all the various factors that plants depend on to grow rapidly.
The first approximation in this future that we're looking at is that everyone will be physically well off. They will have a great abundance in material goods, and I think that will soften some of the conflicts we see now.
Manufacturing takes place in very large facilities. If you want to build a computer chip, you need a giant semiconductor fabrication facility. But nature can grow complex molecular machines using nothing more than a plant.
One of the issues facing us today is that there are countries where there is a serious lack of resources, the standards of living are very low, and this creates a fundamental unease and discomfort in entire populations.