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

First, Future

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

Explore more quotes by Ralph Merkle

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

Benefit

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

Technology

"One of the issues facing us today is that there are countries where there is a serious lack of resources, the standards of living are very low, and this creates a fundamental unease and discomfort in entire populations."

Country

"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."

Abundance

"One of the concepts essential to molecular manufacturing is that of a self-replicating manufacturing system. That concept has lagged behind in its acceptance."

Acceptance

"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."

Balance

"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."

Land

"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."

Example

"We see an entire planet which has many limitations."

Limitation

"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."

Computer

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