This document discusses the ethics of nanotechnology and its applications. It focuses on how nanotechnology is used in materials, electronics, and bio-technology. It outlines both utopian and dystopian perspectives on nanotechnology. Specifically, it provides an example of how nanosilver is used in common products but also raises health concerns if not properly implemented and regulated. The conclusion discusses the large amount of future government funding for nanotechnology and how it will continue to expand into many domains and inspire innovation.