The field of proposed “unimolecular devices” consisting of a single molecule between measuring electrodes was born in the 1974 theoretical paper by Arieh (now Ari) Aviram and his doctoral adviser Mark A. Ratner , which proposed a one-molecule rectifier (=one-way conductor) of electricity, as the molecular equivalent of the inorganic “pn junction” rectifier using macroscopic “p or n-doped” semiconductors.
The first such rectifier was a heterojunction monolayer in 1990 , confirmed in 1993  and proven as a homojunction monolayer rectifier in 1997 . Since then, at least 50 rectifiers have been studied world-wide, along with many more unimolecular wires [5–7].
The hope had been that such unimolecular devices (of size 2 nm each)could match or replace the competing gradual yet dramatic decrease in component size of inorganic semiconductor devices in integrated circuits (Moore’s “law”) . That hope has been dashed  because (i) the currents measured through single molecular wires or rectifiers have varied by two to three orders of magnitude (high dispersion), (ii) the proposed molecular equivalent of a junction transistor  has not been realized, (iii) the rectification ratios have remained too small (but see below), and (iv) because of limited funding.
There has been, however some hopeful progress:
Nijhuis and co-workers have seen rectification in monolayers of alkyne-linked bisferrocene with a pentadecanethiol “tail” sandwiched between template-stripped Pt and Ga In eutectic electrodes that reached a rectification ratio RR(V) = –I(V)/I(–V) of 630,000 ;
Cyganik and co-workers have created a periodic closed-packed monolayer of a phenylcarbene covalently bonded to Au (111) but have not yet measured any currents across the monolayer : in the future this may facilitate a current through these carbenes with minimal dispersion, as the best way to measure unimolecular wires and rectifiers (if the other end can also be suitably bonded to the second electrode in similar close-packed fashion). Never, never, never, never give up .
- Aviram A, Ratner MA (1974) Molecular Rectifiers. Chem Phys Lett 29: 277–283
- Ashwell GJ, Sambles JR, Martin AS, Parker WG, Szablewski M (1989) Rectifying Characteristics of Mg |(C16H33-Q3CNQ LB Film) | Pt Structures, J Chem Soc Chem Commun 1989: 1744–1376.
- Martin AS, Sambles JR, Ashwell GJ (1993) Molecular Rectifier. Phy Rev Lett 70: 218–221.
- Metzger RM, Chen B, Hoepfner U, Lakshmi kantham MV, Vuillaume D, et al. (1997) Unimolecular Electrical Rectification in Hexadecyl quinolinium Tricyano quinodi methanide. J Am Chem Soc 119: 10455–10466.
- Metzger RM (2003) Unimolecular Electrical Rectifiers. Chem Rev. 103: 383–3834.
- Metzger RM (2015) Unimolecular Electronics. Chem Rev 115: 5056–5115.
- Metzger RM (2018) Quo Vadis, Unimolecular Electronics? Nanoscale 10: 1016–10332
- Moore GE (1965) Electronics 38: 114.
- Toher C, Nozaki D, Cuniberti G, Metzger RM (2013) Unimolecular Amplifier: Principles of a Three-Terminal Device with Power Gain. Nanoscale 5: 6975–6984.
- Chen X, Roehmer M, Yuan L, Du W, Thompson D, et al. (2017) Molecular Diodes with Rectification Ratios Exceeding 105 Driven by Electrostatic Interactions. Nature Nanotechnol 12: 797–803.
- Cyganik P (Jagiellonian University, Krakow), unpublished results.
- Sir Winston Churchill, high-school graduation speech, ca. 1941.