Mike Treder has some insights on a subject we definitely want to keep an eye on:

Of the many questions that must be answered about molecular manufacturing, one of the most important is: Who will attain the technology first?

It matters a great deal if this powerful and potentially disruptive new manufacturing technique is developed and controlled by aggressive military interests, commercial entities, Open Source advocates, liberal democracies, or some combination thereof. How each of those disparate groups, with different priorities and motivations, would plan to use and (maybe) share the technology is an issue that bears serious investigation. That's a major purpose behind CRN's project to create a series of scenarios depicting various futures in which molecular manufacturing could be developed.

One likely player in this high-stakes, high-tech drama is Russia.

Recently it was announced that "Russia will pour over US$1 billion in the next three years into equipment for nanotechnology research." (That seems like a lot of equipment, and it may be that the quoted story conflated spending on tools and with spending on researcher salaries or other infrastructure, but in any case, a billion dollars over three years is plenty to get a strong program off the ground.)

Read the whole thing over at Responsible Nanotechnology.