Mark my words, this will VASTLY change the world… The memristor is the fourth element in integrated circuitry. Scientists are discovering the mathematic equations used to govern memristors are similiar to those which govern synapses in the brain.
In addition, memristors do not “forget” the voltage charge channeled through them. This will yeild several billion-fold times the capacity/performance than current hard drives. That, however, is just one of the multitude of products yet to utilize this incredible new discovery.
Finding the Missing Memristor – R. Stanley Williams
R. Stanley Williams from HP Labs gives a keynote presentation on memristor technology at the UC San Diego Center for Networked System’s Winter Research Review 2010.