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.

The laws of physics should allow us to arrange things molecule by molecule and even atom by atom, and at some point it was inevitable that we would develop a technology that would let us do this.

There are certain things that are inherently scarce. For example, there is only a certain amount of beachfront property in California. It is going to be scarce, it is going to be expensive.

Today we see a human population of over 6 billion people, many of whom have serious medical conditions, which either can't be treated or cannot be treated economically.

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.

Nanotechnology is an idea that most people simply didn't believe.

Because of technological limits, there is a certain amount of food that we can produce per acre. If we were to have intensive greenhouse agriculture, we could have much higher production.

We can grow crops less expensively because molecular manufacturing technology is inherently low cost.

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.

If you look at the human condition today, not everyone is well fed, has access to good medical care, or the physical basics that provide for a healthy and a happy life.

Nanotechnology will let us build computers that are incredibly powerful. We'll have more power in the volume of a sugar cube than exists in the entire world today.

Food is available, but it cannot be shipped into an area, so the people in that area suffer the consequences.

If we attempt to block the development of new technology, we effectively have ensured that the most responsible parties will not develop them.

If you look at the various strategies available for dealing with a new technology, sticking your head in the sand is not the most plausible strategy.

If you think the technology is infeasible, you don't worry about what it might do and what its potential is.

The new technologies that we see coming will have major benefits that will greatly alleviate human suffering.

We are looking at a future where to a first approximation, everyone is wealthy.

We see an entire planet which has many limitations.

A molecular manufacturing technology will let us build molecular surgical tools, and those tools will, for the first time, let us directly address the problems at the very root level.

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.