The prize is named in honor of physicist Richard Feynman, whose 1959 talk "There's Plenty of Room at the Bottom" is considered to have inspired and informed the start of the field of nanotechnology.
The Feynman Grand Prize is intended to emulate historical prizes such as the Longitude prize, Orteig Prize, Kremer prize, Ansari X Prize, and two prizes that were offered by Richard Feynman personally as challenges during his 1959 There's Plenty of Room at the Bottom" talk.
The institute holds conferences on molecular nanotechnology and awards yearly prizes for developments in the field. The Foresight Institute and its founder Eric Drexler have been criticized for unrealistic expectations, ignoring quantum effects in their design, lack of practical output, and technical obsolescence. ==History== The Foresight Institute was founded in 1986 by Christine Peterson, K.
"A Policy Framework for Developing a National Nanotechnology Program", Master of Science thesis, Virginia Polytechnic Institute and State University, 1998, available at VTechWorks == External links == Organizations established in 1986 Nanotechnology institutions Non-profit organizations based in California 1986 establishments in California Transhumanist organizations Organizations based in Palo Alto, California
In the 1990s, the Foresight Institute launched several initiatives to provide funding to developers of nanotechnology.
In 1991, the Foresight Institute created two suborganizations with funding from tech entrepreneur Mitch Kapor; the Institute for Molecular Manufacturing and the Center for Constitutional Issues in Technology.
In 1993, it created the Feynman Prize in Nanotechnology, named after physicist Richard Feynman.
Between 1993 and 1997, one prize was given biennially.
Between 1993 and 1997, one prize was given biennially.
Since 1997, two prizes have been given each year, divided into the categories of theory and experimentation.
"A Policy Framework for Developing a National Nanotechnology Program", Master of Science thesis, Virginia Polytechnic Institute and State University, 1998, available at VTechWorks == External links == Organizations established in 1986 Nanotechnology institutions Non-profit organizations based in California 1986 establishments in California Transhumanist organizations Organizations based in Palo Alto, California
In 2004, X-Prize Foundation founder Peter Diamandis was selected to chair the Feynman Grand Prize committee. == See also == Center on Nanotechnology and Society Nanomedicine Transhumanism ==References== ==Further reading== Smith, Richard Hewlett.
In May 2005, the Foresight Institute changed its name to "Foresight Nanotech Institute", though it reverted to its original name in June 2009. ==Prizes== The Feynman Prize in Nanotechnology is an award given by the Foresight Institute for significant advances in nanotechnology.
In May 2005, the Foresight Institute changed its name to "Foresight Nanotech Institute", though it reverted to its original name in June 2009. ==Prizes== The Feynman Prize in Nanotechnology is an award given by the Foresight Institute for significant advances in nanotechnology.
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