8
due to the lack of research. Only lately important questions concerning the potential
human health and environmental impact of manufactured nanoparticles or nanomaterials have been raised (Dagani 2003; Colvin 2003; National Science Foundation
and U.S. Environmental Protection Agency 2003).
A recent workshop co-sponsored by the National Science Foundation and the
U.S.  Environmental Protection Agency detected a number of critical risk assessment problems regarding manufactured nanoparticles such as exposure to manufactured nanoparticles, toxicology of manufactured nanoparticles, ability to draw
conclusion on manufactured nanoparticle toxicity using current particle and fiber
toxicological databases, environmental and biological destiny, transport, persistence, and transformation of manufactured nanoparticles, and recyclability and
overall sustainability of manufactured nanomaterials.
Over the last couple of centuries, the earth’s ecosystem has been threatened by
humans and their greed for advancement. If large corporations are allowed to continue using genetically modified organisms and other toxic nanomaterials, extreme
adverse reactions to the way of life as we know it will likely result (Kumar
et al. 2018).
1.3.3 Social
As discussed previously, advancements in nanotechnology are primarily the result
of society’s need for better technology. Whether the technology is for faster phones,
computers, imaging devices, agriculture, or health-related advances, the methodology and ideology of nanotoxicity and nanoecotoxicity must be researched and
understood. Although nanomaterials are socially accepted because of personal
needs, as a society, we must hold corporations, governments, and investors accountable for the environmental, health, and social impacts to which nanomaterials are
linked. The research and development of better regulations and knowledge will be
crucial in the discovery of adverse reactions caused to the human race and ecosystem from the use, modification, and manipulation of nanomaterials. Genetically
modified organisms are finally being studied, and it has been proven that they cause
22 diseases, more of which could be found with further research.
1.4 Prospects of Market Impact
Nanotechnology has been extended to commercial use after two decades of both
dedicated basic and applied research (Vance et al. 2015). According to the Woodrow
Wilson Center’s Project on Emerging Nanotechnologies Consumer Products
Inventory, more than 1800 nanoproducts are on the market (PEN 2018). These consumer nanoproducts have a wide range of applications, including personal care
products, medicine, clothing, sporting goods, as well as contributing to faster planes
S. Hughes and E. Asmatulu
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