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.