Lab-grown diamonds, first successfully produced in the 1950s by General Electric (GE) scientist H. Tracy Hall, have significantly evolved over time. Initially, these diamonds weren't of high purity or size, but technological advancements have since overcome these limitations. The demand for lab-grown diamonds has been rising due to their ethical and environmental advantages over mined diamonds. They don't contribute to environmental harm associated with mining nor fuel armed conflicts, unlike some traditionally mined diamonds. As the demand for these diamonds increases, advancements in the technology used to produce them are expected to continue, making lab-grown diamonds more affordable and widely accessible.