Nanotechnology for fun and profit: video of the day

This is a 50 min lecture about new nanotechnologies (carbon nanotubes, in particular) by Ray Baughman given at Carnegie Mellon U. As you may know, Russian government plans starting large scale investing into nanotechnology and have already organized a company (Rusnano, formely Rosnanotech) to channel government investments. The head of the company is Anatoly Chubais, a mastermind behind privatisation program in Russia. I hope that he will manage investments into nanotech more effectively than he has dealt with privatisation. So far, as it seems, ROI was of a nanoscale

Curious to hear your thoughts about the talk and nanotechnologies in general.