Yet, there remains a problem with the "nano" in both nanoscience and nanotechnology. "Nanotechnology's a term with 
not too much new in it. It existed a long time ago," says Dai. Indeed, the characteristic length of bonds that have always 
been under scrutiny in the molecular sciences is on the order of a nanometer. Chidsey adds, "I worry that the term confuses 
people about what's important: the length scale itself is not important." Rather, it is the novel properties that structures 
exhibit at the nanoscale that is. As Dai puts it, "We work on carbon nanotubes not because they are small, but because they 
are interesting. They just happen to be nano." For all the problems with the term nanotechnology, though, it may have done 
some good. Chidsey remarks, "Just as nanotechnology has attracted the attention of outsiders, it also stimulates us 
internally: it provides a context for tackling and defining grand challenges-things so out there you wouldn't tackle them 
otherwise."








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Currently, the gate length, the characteristic length parameter in transistors, 
has hit about 90 nm. The shorter the gate length, the faster transistors can 
switch on and off. In fact, the transistors have gotten so fast, that the delay 
as electrons flow through the skinnier and longer wires needed to cross larger, 
complex chips is on track to become the limiting factora in speed. This delay 
is just one of the fundamental problems that threatens to make the nanoscale 
regime of electronics unfaithful to Moore's Law and demands the design of new 
materials and structures or a complete shift in chip architecture.
"Whether nanotechnology had ever showed up or not, electronics would have gotten 
there anyway," says Professor Saraswat. For the past four decades, the number of 
transistors that can be put on a chip, or equivalently, the number of information 
processing events that can be done per chip, has doubled every twenty-two months; 
concomitantly, the cost per processing event has dropped. Following this trend called 
Moore's Law, microelectronics has steadily settled into nanoelectronics in the past 
decade.




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