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Nanotechnology

By: Carole I. Smith


Nanotechnology. Ever heard of it? Most of us haven't. Well here's the scoop. Nanotechnology is the creation of materials, devices and systems through the manipulation of individual atoms or molecules. It is very likely to change the way almost everything is designed and made. It has already been shown that carbon nanotubes are ten times stronger than steel with one-sixth of the weight, and that nanoparticles can target and kill cancer cells. Explosive job growth nanotechnology is anticipated in the years ahead due to the advances in the semiconductor industry, now America's largest manufacturing industry.

The growth of the semiconductor industry is fueled by the growth in the computer and networking industry, wireless telephones, personal digital assistants (PDSs) and products that connect people to the Internet. By 2004, it is estimated that more than 4.4 billion people will be connected to the Internet. The impact of this growth on the U.S. economy is significant. The total value of worldwide shipments of semiconductors in 1999 was $144 billion, of which roughly one third were U.S. shipments; and semiconductor production is expected to grow by nearly 20% per year to $233 billion in 2002.

To meet this explosive demand, the semiconductor industry will need trained and qualified technicians and operators. Worldwide, over 120,000 new workers will be needed by 2002, and 70,000 of these new jobs will be in the United States. Over 40% of these new jobs will be at the associate degree level and will offer starting salaries between $30,000 and $45,000.



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