Phil and Stephen discuss Drexler’s new book, which outlines how atomically precise manufacturing will utterly transform our world. Skeptics say that Drexler’s vision of atomically precise manufacturing is a pipe dream that has been ridiculously hyped for too long. Drexler maintains that we are much closer than most people realize, and that progress is taking place in some unexpected quarters. Who is right? And if APM is on its way, will it be the ultimate example of catastrophic success or will it lead to an economic boom of unprecedented proportions?