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We are concerned in this paper with the overarching technologies in the period corresponding to two Kondratiev cycles. The first, beginning with the downswing of the 4th K-wave will be termed the Information Era, the following one the Molecular Era. The latter is dominated by biotechnology and nanotechnology. The dramatic changes produced, such as the shift in human life patterns and space-time relationship, and the blurring of boundaries between carbon and non-carbon life, raise questions and speculations about the prospects of the Kondratiev cycles in the 21st century.
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