One of the things that we can say with confidence is that we will have much lighter, much stronger materials, and this will reduce the cost of air flight, and the cost of rockets.
~ Ralph Merkle
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.
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.
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.
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.
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.
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.