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This text summarizes the keynote presentation that is based on the full-length paper of the same title. Dr. Fréchette's oral presentation should not be seen as a summary of the “Brainstorm paper” but a glance at some major accomplishments, hinrances and still remaining questions relative to nanodielectrics. Are nanodielectrics a “universal” panacea? The answer to that question is no - but they've got a lot of potential!