technological obsolescence

What are the Impacts of Obsolescence in Nanotechnology?

The impacts are multifaceted and can be both positive and negative:
Economic Impact: Companies may face significant costs in upgrading equipment and processes to stay competitive with new nanotechnological advancements.
Environmental Impact: Obsolete nanomaterials might pose disposal challenges, potentially leading to environmental hazards.
Innovation Drive: The need to keep up with the latest advancements can drive further research and development, fostering innovation.

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